For a large percentage of Spanish property purchasers that finance their new property through UK or Spanish mortgages, renting out their holiday home provides a source of income that will help to pay the mortgage off. Spanish law, however, is very protective of the rights of the tenant, so it is important to make sure that the rental contracts that you have drawn up will protect your interests too.
Don’t leave the contracts to the real estate agencies; we recommend you to retain a specialized Lawyer at Criado & Kraus to assist you with your rental contracts. The Spanish rental laws change quite often and new rights are out in place for owners and tenants. Its is crucial to be well informed about rights and obligations. Note that if you find your self needing to obtain an eviction order – to to defend your self from it – the way how the rental contract is typed will be crucial to obtain a Court victory.
Don’t hesitate to contact us for further advice