How to get to a Solvent Tenant in Madrid?

The punctual collection of the rental income of flats is today the main concern of the landlords and it is not for less. A landlord-tenant dispute can not only be costly, but also a lengthy legal battle where not a penny of rent is collected. Then, the passive income that you had planned to generate…

How much commission do real estate agencies charge in Madrid?

If you are here it is because you are an intelligent person. You are a flat owner and you want to understand more about the real estate business before putting your flat up for rent. If you want to know how much commission real estate agents charge or you are studying the possibility of managing…

Can household services be cut off when a tenant stops paying rent?

The quick answer is NO. The cutoff will occur depending on whether the bill for said service is in the name of the tenant or the owner. Before continuing to develop the answer to today’s question, let’s take a look at the reference regulations regarding electricity, natural gas and water:   Electricity and natural gas…

How and when to change the holder of the electricity contract of a house for rent?

Some owners of rental homes prefer to retain ownership of the electric service. The main reason: to avoid having to make 2 ownership changes, but in reality maintaining the service in your name can be costly, as you will see below. What professionals recommend is that the holder of the electricity contract is the person…

How you can get the NIE in 5 simple steps?

As you have surely heard, the bureaucracy in Spain is one of the largest in the entire planet Earth. If you are interested in the topic, take a look at this article from El Mundo. I anticipate you that the officials can be quite discretionary, but this does not prevent you from asserting your rights.…

Facts you should know about a Real Estate Advisor and Personal Shopper

What is a Professional Real Estate Advisor? It is the person delegated to carry out the commercialization of the property, whether to sell or rent, it carries out all the procedures to close the operation of the house with good treatment. The advisor must be aware of the legal situation of the property, in turn…

What is the difference between the bond and the deposit? Here we explain them

Are you going to sign a rental contract and do not know how the security and deposit issue works? Here we explain their differences.         Are you going to sign a rental contract and do not know how the security and deposit issue works? Here we explain their differences. During this process,…

Are you thinking of buying the house where you live for rent? Here is the list of advantages and disadvantages

Last Monday we met with a client for whom we managed the sale of his house in El Barrio de Puerta de Hierro in Madrid. At that meeting he asked us to advise him regarding the rent with option to buy. Several times we have been asked this query, and for this reason we have…