About Renting in Marbella
For many, renting a property in Marbella and the Costa del Sol is just a dream. However more and more people from all over Europe can now enjoy living in this all round sunshine paradise as the selection of homes and apartments here is next to none, and the value for money when compared to their usual accommodation is better value while providing a much better quality of life.
The ex-pat community makes you immediately feel welcome, and with such a wealth of things to do in the local areas you are never bored. Shopping malls open till late, restaurants and tapas bars along the beach are plentiful and the activities from water sports to more adventurous mountain treks and paragliding is all but a short drive from your door step.
Generally speaking, a 2 bedroom apartment will cost in the region of 800 – 1500 euros, with 3 bedroom ranging from 1,200 to 2,500 euros and villas starting from around 3,000 to 10,000 + there is a property to suit all budgets.
The Rental Process
Renting in Spain is a straight forward process. You contact an agent, arrange some viewings and when you find the place you want to call your own your agent negotiates the deal on your behalf. It should be noted that more often than not the asking price will stick, but if you are in a position where you can pay 6 months or even the full years rent in advance a discount can be offered. The main thing owners look for is the security of an honest good paying tenant and or family. Things to consider when renting in Spain is that you will be asked to pay a holding deposit. This deposit is usually equal to two months' rent but the owner is within their right to ask for any amount of monies to be held. There is no tenancy deposit scheme like in the UK for example however tenants have certain rights of their own when signing a contract for a long term rental. The tenant will also be asked to provide one or more of the following documents.
** Be aware of Work From Home Agents who regularly disappear with deposit money! **
A previous landlords written reference with contact number A working contract or reference from your employer Passport If none of the above can be provided then the landlord and agent may also ask for some kind of proof that you can afford to stay in the said property. That normally comes in the for of an up to date bank statement and letter of reference form your bank.
It is then the job of the rental agent to draw up a contract. These contracts must be in Spanish to be legally binding and may sometimes be offered in English to accompany the Spanish text. If you are unable to totally understand the contract a draft should be supplied before hand so you have time to read through. Rarely are these contract amended.
The typical duration of a long term rental on the Costa del Sol will be 11 months, and there will almost always be the option to renew for a further 11 months when the initial contract draws to an end. Sometimes (rarely) a shorter 6 month contact can be offered however this tends to be on furnished property rentals only with owners asking for the full rent to be paid in advance. At the same time, some owners may also consider a longer rental period.
When renting a property it is the landlords responsibility to pay any yearly residential taxes, and in most cases the rubbish fee (Basura) tax too. This will be written in to the contract. The property must be offered in a good state and come with working kitchen white goods. It is the tenants' responsibility to pay for all house hold utilities, such as water, electric, gas and Internet / Phone / TV subscriptions.
It should be noted that some listings on this website will also require an agency fee to be paid by the tenant. We hope to have covered many of your questions, however if you still want to know something we have not mentioned please feel free to contact us on email@example.com or call +34 616171125