5 tips for making a rental investment in Spain

The rental investment is to buy a property for letting.

In Spain, this practice is commonplace due to attractive property prices, taxation and favorable interest rates ...

Although it is relatively easy to invest in rental properties in Spain, it is not enough to start with your eyes closed.

Like thousands of French people, do you want to buy an apartment or a house for rent? So, discover all our advice to make a rental investment in Spain and succeed in making it profitable.

Choose a property suited to your investment objective

To make a rental investment in the Iberian Peninsula , it is first necessary to buy a property suited to your investment objective.

For long-term rentals, choose spacious accommodation with at least 2 bedrooms. If you buy an apartment, it must be equipped with a lift and a parking space.

In view of a shorter rental such as temporary or tourist rental, a furnished property with one or two rooms is sufficient to satisfy vacationers, students or professionals often on the move such as executives.

On the other hand, you must be aware that small surfaces expose you to many changes of tenant and therefore to maintenance work (painting of main rooms, repairs of appliances, restoration of furniture ...) more frequent to perform.

Opt for big cities and tourist areas

When it comes to investing to rent, location is very important. It is better to buy your future apartment, house or villa in a big city (like Madrid, Barcelona, ​​Valencia or San Sebastian ...) or in a tourist region (like the Costa del Sol or the Costa Brava ... ).

The reasons ?

In large Spanish cities, rental prices are high.

On the Mediterranean coast, mainly around seaside resorts, the demand for second homes and vacation rentals is strong and continues to grow.

Choosing strategic locations allows you to be almost certain to be able to rent your property for a good part of the year and therefore to make your investment profitable.

Focus on well-served areas

Another tip for making a good rental investment is to buy a property close to all amenities: public transport, supermarket, health center, pharmacy, school, bank ...

It is also a good solution to invest in large business centers or university areas, as they will always be in high demand.

The best thing is of course to buy a property in the city center, but the initial investment will always be much higher.

Find the perfect good

Of course, you must like your property, but above all it must appeal to your future tenants.

Some units may require a simple refresh or others will require more complex renovations. Whatever happens, this budget must be taken into account from the start when buying real estate.

Go through a real estate professional

To make a good rental investment in Spain, we advise you to turn to bilingual or even trilingual real estate specialists.

In your native language, exchanges will be easier and collaboration will be even better!

Their role is to support you in your real estate project and to facilitate all the administrative procedures.

Are you ready to buy an apartment, house or villa with a view to renting it out? So, why not call on Immo 365? French-speaking real estate agency specialized on the Costa Brava, we manage for you, from A to Z, your purchase project with a view to a rental investment.

Thanks to our perfect knowledge of the real estate market and solid legal knowledge, we monitor the evolution of the regulatory context for rental investment, offer you a selection of housing to suit your desires, ensure the correct drafting of the lease contract and we also support you in the search for your future tenant.

Do you live in France and cannot move or do you have little time? Note that our real estate experts can also take care of the rental management of your property.

And if you have a renovation project for your future property in order to attract a large number of tenants and increase its long-term rental value, you can count on our network of specialist craftsmen.

So entrust us with your rental investment project!