Reply To: Expats thinking of returning home


Google ‘Long term rental Spain’. There are upteen properties.
I do agree however that almost all of them are properties which are failed sales or holiday lets, poorly furnished and today without hope..
The market I suggested to aim for if you cannot or don’t choose to sell your property is good quality tenant, unfurnished long term rental.
This type of letting is very different from the traditional Spanish Costa short term let to anyone and has good growth potential. Only however for the long term. You need to be creative in your advertising to attract the right tenant.
Chuck out the naff furniture, install good quality white goods, pitch your rent and tenant costs to the area norms not your mortgage and get a good lawyer to draw up agreements and vet the tenant.
It at least gives some return on your costs until the market eventually turns. Which in my view will be in terms of years.