Long Term Lets in Javea, Moraira and Benitachell

Crack down on short term lets

The new legislation - which has already been approved by Spain's Congress - would hand the power of regulating the renting of properties to regional governments and would make temporary leasing by a private property owner illegal.

Michelle Hughes, owner of VillaMia, said:  "Around 20,000 properties will be affected in Spain and hundreds of these will be in the areas we cover which is Javea and the surrounding areas.

"It will make it illegal for owners to simply add their property to advertising portals and take bookings. They will not be able to rent to tourists on a day to day a weekly basis

"I think this will mean many more owners will go down the route of long term rentals to make sure they are still earning an income through their investment. This has many advantages and takes away the hassle of meet and greets and weekly cleans.”

With long term renting, as well as a regular income, tenants take on the running costs including  electricity, water and gas bills plus any expenses such as the alarm, phone and TV costs. Another advantage of renting the property is that it will be maintained and looked after. Many properties in Spain on the Costa Blanca when closed up for the winter have suffered with damp issues and cost owners money to rectify.

Eliseo Martinez Secretary General of Asotur, an organisation which deals with property rental for tourists said:"It would be a declaration of principle against renting out property for a certain number of days. Now all that needs to be done is to create the rules that would make it illegal to offer an apartment for holiday rental."

In its new National Tourism Plan, the Spanish government stated "there has been a significant increase in this type of leasing” and described it as "unfair competition” for the country’s traditional tourism model.

Michelle added:”We will have to wait to see exactly how this is going to be implemented and the rules that they want to enforce.

"At VillaMia we understand that renting your property long term is a big decision for owners and that they want to know that their property is being looked after, We offer a property management service and we carry out quarterly inspections to make sure everything is exactly how it was left it and all the bills are paid up-to-date.

"In a nutshell we take care of everything for owners, from sourcing the tenant, sorting all of the paperwork and agreements and even changing over all the bank details for all of the utility bills, so owners don’t have to worry about a thing. I think long term rentals is definatley the way forward and in a area such as Javea with the good selection of state and international schools there is never a shortage of decent families looking for rental properties.”

VillaMia, established over 10 years ago, has an office in Javea and covers long term rentals, winter lets, sales and property management in the coastal towns of Javea, Moraira and Denia. If you have an apartment, villa or townhouse which you would consider renting out on a long let basis contact them on info@villamia.net or visit www.villamia.net

 

 

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