For many of our clients, buying a holiday home is a major investment, and to make the finances balance they opt to rent the property for a specified time during the year. It is a popular way of covering mortgage expenses, or the community fees and annual taxes property owners have to pay, and brings owning a second home within reach for many people.
However, there are a number of things to consider when you decide to rent out your property for short-term holiday rentals, such as having a reliable property management person to oversee arrivals and departures, handover of keys, cleaning and laundry. Also, who will look after the payments and the deposits? Owners must also pay attention to the new laws concerning property rentals in Spain to ensure they are properly set up.
At Altavista Property, we can assist you with these issues. We will also talk you through how to furnish your property in a way that optimises its rental appeal, and what to look for when you’re buying the rental property in the first place. For example, being close to leisure amenities is a big plus, especially if you want to appeal to families. A nearby golf course or two is required for those golfing parties that are frequently on the lookout for attractive rental properties mean good golf clubs.
We’ve selected a few properties that we think have great rental potential.
Beachside Elviria properties are perfectly positioned for a luxury holiday. With two five-star hotels nearby and the world famous Nikki Beach resort, not to mention many other activities on hand, plus one of the best beaches on the coast and a mere 10-minute drive to Marbella, Elvira properties such as these are highly in demand.
Just east of Elviria, you’ll find bustling La Cala, close to Marbella and only a 25-minute drive from Málaga airport. This appealing apartment is within easy walking distance of bars, restaurants and a delightful beach, while also not far to amusement parks in Fuengirola, Benalmádena and Torremolinos for families with kids.
West of Marbella, near the town of Estepona, with its shopping areas and flower-lined streets, the exclusive La Galera is a deluxe holiday destination. This gated development has luxury amenities on site, a top class restaurant and a five-star hotel on the doorstep, as well as a coastal promenade with views across the beautiful bay of Gibraltar. There’s a lot to attract visitors to this location.
Call Altavista Property if you’d like to buy a second home suited to holiday rentals; we have a portfolio of wonderful places to show you.