Landlord's Guide
Why consider a Long Term Rental of your Costa Blanca property?
Letting your property on a Long Term Rental basis can bring you in a good, solid income with minimal effort and ensure that your house is occupied throughout the year. Whilst it is true to say that holiday rentals bring in a substantial income over a shorter period, holiday rentals can often be quite time-consuming and labour intensive. An empty property can be a security concern and an expense for which there is no profit. A Long Term Rental can provide a good return on your investment with an increasing number of owners choosing this as a means of making the most of their property investment portfolios. With the opportunity to purchase good value bargain properties, many astute investors are turning to the Long Term Rental market in order to maximise fully on their investments.
When the recession started in 2008, the long term rental market in Spain really took off as owners found it difficult to sell their properties but still needed to raise an income from them. However, as the property sales market is now more buoyant and owners are more confident about selling their properties, demand for good quality long term rental properties is almost becoming greater than the supply. Therefore, if you buy a property in Spain, and want to achieve a good rental income from your investment, you will most certainly be able to do that very easily and lucratively in the Javea area.
Renting property is not without its risks and so it is important that you have a good rental agent to advise you about the legislation and financial implications involved and also to assist you in sourcing and supporting your tenants.
Alta Villas have been supporting landlords with property rentals since 2008 and, whilst now mainly dealing with property sales, are still able to offer advice and support to anyone thinking of buying a property in order to rent it out.
Why choose Alta Villas to help you market your property for Long Term Rental?
Location – Alta Villas are based in Javea on the Costa Blanca, central to the area we cover which includes Moraira, Denia, the Jalon Valley and the nearby Spanish villages of Benitachell, Gata de Gorgos, Pedreguer and the golfing complex of La Sella.
Knowledge – Alta Villas have an up-to-date and detailed knowledge of the Long Term Rental market in Javea and the surrounding areas. The Long Term Rental market is very fast-changing and your ability to successfully rent your property for a good rental price can be dependent on many varying factors both local and more far-reaching. Alta Villas can advise you on how you can present and market your property to its full advantage in order to achieve the best rental price and long term rental tenure in the current market.
Fee structure – Alta Villa’s fees highly competitive and we pride ourselves on the friendly and professional relationships we have with both landlords and tenants. We do not undervalue the rental rate of properties to secure a let, neither do we over-value them in order to secure you as a client. We always give honest and pragmatic advice and endeavour to ensure that the landlord is happy with everything we do.
No Obligatory Tenancy Renewal Fee – Alta Villas do not insist on a Tenancy Renewal Fee. Whenever it suits a landlord or tenant, there is no requirement to renew your Tenancy Agreement with Alta Villas. This can save you as much as 10% of the monthly rental price charged by some other agents. It is important that a new contract is agreed, prepared and served, but you are under no obligation to pay Alta Villas for this service. Conversely, if you prefer to have the peace of mind of engaging Alta Villas to renew the agreement for you, we can provide this service for a small fee.
Free Market Appraisal – Alta Villas will always visit the property and take detailed notes and photographs. It is important for us to be able to see the property and to discuss with you what you are hoping to achieve with your Long Term Rental. We will give honest feedback as to what you can expect as a monthly rental price and what you may need to do in order to increase your chances of securing a good Long Term Rental quickly.
Extensive Online Marketing – Alta Villas will market your property in a professional manner with a full description of its features and several external and internal photographs. As well as having our own website, we are affiliated to the best web portals in the property business getting your property in front of thousands of prospective clients both locally here in the Costa Blanca and further afield into the UK, the rest of Europe and even Worldwide.
Database Search – Alta Villas maintain an extensive database of clients who have registered an interest in Long Term Rentals in the Costa Blanca area.
Inter-Agency Network – As a respected Long Term Rental estate agency in Javea and the surrounding areas, Alta Villas are able to network with other agencies who may also have clients looking for a Long Term Rental property similar to your own. In this way, at no extra cost, you will benefit from their marketing efforts as well as our own, giving you a much greater chance of securing a good tenant quickly.
Proactive and professional – Alta Villas action enquiries quickly and professionally in order to retain the clients’ interest in your property. We qualify our clients’ requirements in great detail in the same way we have listened to your requirements and offerings. Our aim is to match the two. In essence, what we offer you, is simply a customer-centric, friendly and professional lettings agency service.
Flexible Service Offerings - Alta Villas offer a variety of Long Term Rental and Property Management Services packages to suit your own requirements from simply finding the right tenant to full property management. Our rates are competitive and fair and we will only ask for payment on success which means you can use us to market your property without the risk of unnecessary expense if you change your mind or secure a tenant through other means.
If you are interested in marketing your property for a Long Term Rental, contact us NOW for a free, no-obligation market appraisal appointment.
Free Landlord’s Guide to Long Term Rentals – Alta Rentals have produced a free guide to successfully letting your property as a Long Term Rental. Simply contact us now requesting your copy.
Why choose Alta Villas to help you manage your property? -
As a landlord, you are usually contractually obligated to ensure that the property is in a fit state of repair and maintenance so that your tenants can live there comfortably for the term of their tenure. By 'property' we mean the house, pool and garden and anything that is included in the contract.
Of course, tenants are responsible for the day to day upkeep of the property and will usually need to ensure that the pool and garden is maintained to the condition is was in when they took it over, but jobs such as fixing the pool pump if it breaks down, hard pruning of shrubs and palms, repairing the boiler if it breaks, repairing damage after storms etc, will usually fall under the landlord’s remit.
Some of our landlords prefer to organise this work themselves maybe via other local property management suppliers, friends or even on a DIY basis. However, Alta Villas can also offer a good Property Management Service that can be tailor-made to suit your requirements. These services include but are not limited to:
General Maintenance – From the smallest to the largest jobs, Alta Villas can help with plumbing, electric work, tiling, painting and decorating, building, roofing, air conditioning and central heating.
Gardening – General garden maintenance, hard and soft landscaping, installing irrigation systems, palm trimming etc.
Cleaning – Regular cleaning services, laundry, spring cleaning, window cleaning, pressure cleaning of patios, terraces etc.
Pools – Pool maintenance, repairs, construction etc.
House-doctor Service – A quality property will attract a quality sale or rental. You will get the best price for your property if it is presented in its best light. Alta Villas can advise you on how to do this and then work on your instructions whether it is simply removing and storing your personal items or a top to toe revamp.
Storage – You may have some personal items or furniture that you do not want your tenants to use. Alta Villas can source good storage facilities for you.
Property checks - Regular security and post-storm checks-internal and external visual check, alarm operational checks, smoke detector checks, fire hazard and weather damage checks.
Key holding – Alta villas can be on call in case of any problems or in order to accept deliveries etc. Ad hoc requirements – the list of services you might need is endless when it comes to properties but, the chances are we can help you with any of them.
Contact us now for more information on our Property Management Services.