Renting a property in Spain
When you want to live in Spain at a certain time of the year, whether this is every summer or on longer terms, but you do not wish to buy a house in Spain, hiring is always an option. The rules and regulations around buying a house in Spain may be different to those you may be used to. One of these differences may be the rent act, ‘Ley de Arrendamientos Urbanos (LAU)’before you look for a house by the Spanish coast, it would be good to consider the following things.
If you want to rent a house in Spain for under a year, you will not be under the LAU law.
- Always rent on the terms of a lease contract, if you subscribe to a municipality in Spain, this contract will (also) have to be in Spanish. If you rent a furnished apartment, an inventory list will be added to the lease contract. Often there wil also be a key statement which must be signed, by signing this you confirm that you have received the keys and declared that you will not copy this key without permission.
- The renter may establish a gradual increase in rent by market level. However, this is dependent on income with an annual income under €28,000, this may happen over a period of 10 years. At a higher annual income this may happen in a period of 5 years. Often there is an afreed rental period of one year in the contract. As a tenant you have the right to extend this to 5 years, the landlord can only then increase the rent after 5 years.
- Properties that have been built with aid from the state have annual maximum to the rent increase put in place.
- Some particular types of rent of a property in Spain allow there to be tacit rent increase every two years, where the increase is linked to the number for sustenance
- Be aware of what additional costs may come with the lease (for example, are you expected to pay property taxes, service costs or any compensation
Helpful links about hiring a house in Spain
