Landlords – beware of the law or face fines

Follow the rules or face fines
Follow the rules or face fines

Property owners who rent their property out are being warned that they must abide by the law or face the possibility of stiff fines being imposed.

The British Embassy in Spain say they have been made aware of a number of cases in which landlords who failed to declare rental income or have incorrect permits have been fined up to €30,000.

It is thought that up to 70% of rental properties in Spain are not being declared meaning billions in tax revenue is not being collected by the treasury.

The British Embassy has released advice for home owners who are, or are thinking about, renting out their property in Spain.

Short-term lets

The regulations on letting tourist apartments (apartamentos turisticos) and holiday homes (viviendas vacacionales) vary by region. If you are planning on making a financial return by renting out your existing property, or buying one to let, you are recommended to seek independent legal advice and check the local licensing laws with your local town hall (Ayuntamiento).

This is particularly important in Catalonia, the Balearic Islands and Canary Islands where the rental of holiday properties on a short-term basis is strictly regulated. The authorities in these areas are cracking down on homeowners who rent out their properties to tourists (particularly through online adverts) without complying with Spanish law.

If you own or are planning to buy an apartment which is part of a Comunidad de Propietarios (Committees of property owners who are responsible for the management of communal areas of apartment buildings/complexes), you should also check whether there are any rules that prohibit or restrict short-term letting.

Long-term lets

Owners who rent out properties on a long-term basis are generally not required to apply for a special licence. However, it is worth seeking professional advice to make sure that you are complying with Spanish legislation and that you are using the correct rental contract.

There are different types of contracts depending on how long the property is being let for, such as arriendos de vivienda which are for a minimum of five years, and arriendos de temporada which are generally for one year or less.  You can get copies of these contracts from tobacconists (estancos).

Taxes

Owners of properties should also be aware that whether or not you are resident in Spain, you will need to declare rental income to the Spanish tax authorities. Homeowners may wish to seek advice from a professional tax adviser (asesor/gestor).

Managing a property rental

You may want to consider hiring a Spanish letting agent to assist with finding tenants, drawing up rental contracts and managing the property on your behalf.

FAQs on letting property in Spain (in Spanish) from the Sociedad Pública de Alquiler (Public Rental Society) 

Further information can be found on the UK In Spain website.

5 Bed Villa For Rent – Puerto Banús

5 Bed Villa For Rent – Puerto Banús – Ref: R261409

5 Bed Villa For Rent - Puerto Banus

LOCATION!!!!! Charming finca style of villa ONLY 1.5 KM FROM PUERTO BANUS, By the Golf Course Dama De Noche. It consist of independent living areas with bedrooms and kitchen, what makes it perfect for big families and group of friends. The villa has stunning panoramic views from the garden and terrace. Also has a big barbeque area with table tennis and pool bar .Good Sized Swimming pool .

Price: 3,500€ p/month

Setting: Close To Golf, Close To Port, Close To Shops, Close To Sea, Close To Town, Close To Schools
Orientation: South East
Pool: Private
Climate Control: Air Conditioning
Views: Mountain, Panoramic, Garden
Features: Fitted Wardrobes, Near Transport, Private Terrace, Solarium, Satellite TV, Games Room, Guest Apartment, Storage Room, Ensuite Bathroom, Marble Flooring, Bar, Barbeque
Furniture: Fully Furnished
Kitchen: Fully Fitted
Garden: Private
Parking: Street
Category: Holiday Homes

Ref: R261409

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3 Bed Penthouse For Rent – Puerto Banús

3 Bed Penthouse For Rent – Puerto Banús – R378553

3 Bed Penthouse For Rent in Puerto Banus

A stunning three bedroom south facing penthouse situated within the luxurious beachside development near to Puerto Banus. The property has been built to the highest quality standards, comprising of large spacious terraces, a fully fitted kitchen, laundry room, large lounge/dining room opening onto a wonderful and very private terrace, with views over the beautiful communal gardens and mountains.

Price: 2,500 p/month

Setting: Beachside, Close To Shops, Close To Sea, Close To Schools, Urbanisation
Orientation: South
Condition: Excellent
Pool: Communal
Climate Control: Air Conditioning
Views: Sea, Garden
Features: Covered Terrace, Fitted Wardrobes, Near Transport, Private Terrace, Ensuite Bathroom, Marble Flooring, Double Glazing, 24 Hour Reception
Furniture: Fully Furnished
Kitchen: Fully Fitted
Garden: Communal
Security: Gated Complex, 24 Hour Security
Parking: Underground
Category: Luxury

Ref: R378553

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Tel: +34 952 907 386
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4 Bed Villa For Rent in Calahonda

4 Bed Villa For Rent in Calahonda – Ref: R391793

4 Bed Villa For Rent in Calahonda

Charming family home set in a popular residential location of Calahonda. This villa is built in 2 levels in rustic ,traditional style and is well equipped , has a 1200 m2 garden and a large terrace leading to the garden and pool. The property has a spacious and comfortable living room-dining area with a staircase leading to the upper bedrooms.

Price: 2,200€ p/month

Setting: Close To Golf, Close To Schools, Urbanisation
Condition: Excellent
Pool: Private
Climate Control: Central Heating
Views: Sea, Garden, Pool
Features: Covered Terrace, Fitted Wardrobes, Private Terrace, Satellite TV, ADSL, Guest Apartment, Ensuite Bathroom, Marble Flooring, Double Glazing
Furniture: Fully Furnished
Kitchen: Fully Fitted
Garden: Private
Security: Alarm System
Parking: Private

Ref: R391793

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Tel: +34 952 907 386
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3 Bed Penthouse For Rent in Calahonda

3 Bed Penthouse For Rent in Calahonda – Ref: R391761

3 Bed Penthouse For Rent in Calahonda

Unbeatable Panoramic Views!! Fantastic 3 bed Penthouse situated in a secure gated community at the upper part of Calahonda .This Top Floor South Facing Apartment commands magnificent panoramic views over the coastline and out to the sea. Comprising of three Bedrooms, 3 Bathrooms , Fully Fitted Kitchen and separate laundry room. The urbanisation has a lovely Garden and swimming pool.

Price: 900€ p/month

Setting: Close To Golf, Close To Schools, Urbanisation
Orientation: South
Condition: Excellent
Pool: Communal
Views: Sea, Panoramic
Features: Covered Terrace, Fitted Wardrobes, Near Transport, Private Terrace, Satellite TV, ADSL, Utility Room, Ensuite Bathroom, Marble Flooring, Jacuzzi, Double Glazing
Furniture: Fully Furnished
Kitchen: Fully Fitted
Garden: Communal
Security: Gated Complex
Parking: Underground

Ref: R391761

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Tel: +34 952 907 386
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2 Bed Apartment in Bahia de Marbella – For Rent

2 Bed Apartment in Bahia de Marbella – Ref : R391749

2 Bed Apartment For Rent - Marbella

Lovely 2 bedroom apartment with sea view in Bahia de Marbella, Built in the style of the traditional Andalucian white villages, it is a small community of houses and apartments in the exclusive Bahia de Marbella area. First-line beach, it has a private gate leading directly onto sandy Los Monteros Beach, generally considered one of the best in the area.

Price: 1,500€ p/month

Setting: Beachside, Close To Golf, Close To Sea, Urbanisation
Orientation: South, South West
Condition: Good
Pool: Communal
Views: Sea, Garden
Features: Fitted Wardrobes, Private Terrace, Satellite TV, ADSL, Ensuite Bathroom, Marble Flooring, Double Glazing, 24 Hour Reception, Restaurant On Site
Furniture: Fully Furnished
Kitchen: Fully Fitted
Garden: Communal
Security: Gated Complex, 24 Hour Security
Parking: Underground

Ref: R391749

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Tel: +34 952 907 386
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2 Bed Apartment, Puerto Banus – Long/Short Term Rent

2 Bed Apartment, Puerto Banus – Long/Short Term Rent – Ref: R317209

Property For Rent - Puerto Banus

Lovely 2 bedroom apartment located in the heart of Puerto Banús. This complex offers mature communal gardens, 3 swimming pools and tennis courts. The accommodation consists of 2 bedrooms and 2 bathrooms ,fully fitted kitchen with utility room. One of the bedrooms has good sized Bunk Beds . The terrace is overlooking the gardens and pool. There is an underground garage for one car, and has german and english channel TV.

Price : €1,100 /month
Beds: 2
Baths: 2
Setting: Port, Close To Shops, Close To Sea, Urbanisation
Orientation: West, North West
Pool: Communal
Climate Contro: Air Conditioning
Views: Garden, Pool
Features: Lift, Fitted Wardrobes, Near Transport, Private Terrace, Satellite TV, Paddle Tennis, Tennis Court, Marble Flooring, Double Glazing, 24 Hour Reception
Furniture: Fully Furnished
Kitchen: Fully Fitted
Garden: Communal
Security: Gated Complex, 24 Hour Security
Parking: Underground

Ref: R317209

View this and other rental properties in Marbella

www.marbellaforsale.com
info@marbellaforsale.com
Tel: +34 952 907 386