Estate agents on the Costa del Sol
No rental property left on Costa del Sol - become a landlord!
Stock is at an all time low which means that rental properties that do become available are snapped up in an instant. In 2017, the Costa del Sol had its highest number of tourist visitors - ever!
That makes a great opportunity for anyone looking to buy a second home to rent out for part of the year or to buy a property specifically to create an income!
How does it work? There are three models to choose from:
- Buy a property and manage the rentals yourself, do your own marketing on specialist sites, take the bookings, arrange the changeovers.
- Buy a property and put it in the hands of a specialist rental agency who would typically charge you up to 20% of the income but they take everything from marketing to housekeeping off your hands.
- Buy a property in a tourist resort where the resort takes on the rental and offers a guaranteed return - usually for a limited period, for example 5% per annum over 3 years.
Our sales agents know the Costa del Sol inside out and are experienced in identifying the apartments or villas which will be in the most demand for rental. We can also put you in touch with specialist property management companies who will help with the rental process. Contact us now and find out how we can help you buy and make a return on your investment.
According to the tourist office, there was a 5% increase over 2016 and a total spend of over 7 billion euros! All nationalities showed an increase in visitor numbers as more and more northern Europeans want to come south to enjoy the Costa del Sol. This puts increasing demand on rental properties with the demand for renting continuing strongly. Many clients look to buy in Spain to enjoy the climate and the activities here for their own pleasure, but also want to be able to make a return on their investment by offering their property for rental. With the summer high season enjoying the highest level of rental income, many owners find they are happy to let their property rent during this time (when the weather is hottest) and them come to stay in the Spring or Autumn. For many properties on golf courses, as well as summer rentals for families, there is also the market for golfers who want to come out to play in the Spring and Autumn.
Our sales agents are very experienced in identifying the apartments or villas which will be in the most demand for rental. We can also put you in touch with specialist property management companies who will help with the rental process. Contact us today for details of how we can help you buy and make a return on your investment.
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