*Spanish
Property News*
Each
month we publish a Spanish property newsletter covering
various aspects of owning, buying or renting property in
Spain as well as latest property for sale along the south
coasts. If anyone has any particular views regarding the
Spanish property market or property ownership in Spain,
or would like to see an article they have written published
here or in the newsletter, please do let us know. We look
forward to hearing from you.
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up to receive regular copies of our Spanish
property newsletter. We regularly publish news and
information in two separate copies - one for Property Owners
and one for anyone thinking of buying property in Spain
including details of latest properties on the market - giving
you the choice to recieve information on whichever subject
interest you most.
See
our previous Newsletters >>
News
& Information for Spanish Property Owners
Are you a non-resident in Spain?
Do you own a property on the Costa Blanca, Costa Calida
or Almeria?
Owning a holiday, or second home in Spain
should be a dream come true, but in some circumstances,
the dream can quickly become a nightmare - Valencian ‘land
grabs’, crooked developers & sales agents, illegally
built properties are a few of the problems that can arise
with the purchase and ownership of your Spanish property.
Once the purchase has been made, other
problems can arise If you do not intend to stay there long
term - water damage, electrical problems and insect infestations
are common problems here in Spain and can de-value your
property.
Using a Professional Property
Management Company-
Why?
a) To guarantee that your investment
receives the best possible care and attention so you can
be assured that your home is secure and in safe hands.
b) A property that is obviously visited
regularly is less likely to be targeted for burglary!!!
c) If you're not in Spain yourself, you
need to know that there's someone on hand who you can trust
to ensure everything runs smoothly. What happens if the
toilet doesn't flush, a window gets broken, or the swimming
pool pump breaks down?
d) To keep the property free from the
‘element problems’ - mainly damp and mould growth
which are unfortunately a significant problem with homes
on the Costa Blanca.
When you visit your Spanish home, it
is unlikely that you wish to spend time cleaning, mending
and finding local contractors instead of relaxing and enjoying
yourself, and it is under circumstances like these that
employing a management company can truly be of benefit.
We can arrange for tradesmen to take care of these specific
problems on your behalf.
Being burgled is not something we like
to think about - we all believe that 'it cannot happen to
us'. The reality though is that it can be you, and if is,
make sure that it is reported immediately to the police
also to the insurance company. Regrettably our clients tend
to request our services after the event. By introducing
simple precautions the 'nasty man' could have chosen your
neighbour’s house instead.
Renting Your Spanish Holiday
Home
As every year, the number of vacant rooms
in hotels increase, and hoteliers on the Costa Blanca are
complaining about the ever increasing number of private
owners renting their holiday homes. This situation is forcing
the Inland Revenue and other local authorities to enter
measures to stop the illegal trading.
The legal status is as follows:
If you rent your home to holiday makers, you need to register
your property with the Ministerio de Turismo (Ministry of
Tourism) to ensure your property meets the minimum health
and safety standards. At the same time, your records will
be entered into the system and taxes (35% as non resident)
will be required to be paid on the earnings produced for
its rental.
Ex-pats operating illegally from homes
are offering Property Management Services. Some property
owners, on the presumption that they are getting better
value for money (ie a cheap service) are handing keys to
these individuals along with the consequent risks. These
illegal traders are not insured (they cannot be insured
as they are not traders) therefore, you personally will
be liable for loses or damages if your property is burgled.
The Spanish Authorities are also clamping down on this type
of activity as the majority do not pay taxes on their earnings.
The vision of the directors of Travel
Iberia Ltd and Citrus Villa Care, Costa Blanca has paid
dividends, and non resident owners of property in Spain
are able to conduct their business through us legally by
allowing their “friends” to continue enjoying
holidays in their private homes in Spain.
By making arrangements in the UK though
our Citrus Iberia Ltd (UK) company while Citrus Iberia CB
(Spain) carry out all the necessary services - including
maintenance, changeover cleans, or damage repairs - on your
property, this will make all transitions legal, both in
the UK and Spain.
You can make a substantial income on
your investment or just cover the annual costs associated
with the ownership of a Spanish property by make use of
it for holiday or longer term letting. More and more people
are enquiring about long term letting – anything from
3 months – 1 year, especially around the Jalon Valley,
and we have many clients waiting for property to become
available.
We pride ourselves on our excellent level
of service. We are a small business, and take great satisfaction
in offering 'the personal touch', so often lacking with
larger companies. We work with a team of totally trustworthy
professionals whose services range from cleaning and villa
maintenance to gardening and construction projects. Just
give us a call and we'll sort out any problems for you,
fast and with no fuss.
To win over potential or actual clients
you have to show an interest in them and make them feel
special. People are more likely to look after your property
if they feel you have gone to a lot of trouble to make them
feel comfortable and welcome. By using Citrus Iberia Property
Management, we can do all that for you.
To avoid the problems of sending keys
through the post, and guests losing them, we recommend the
use of 'key boxes'. These are simple boxes which screw to
the outside wall of your property, with a combination lock.
With the right combination, the box opens and the front
door key is inside. All other keys to the property are inside
the villa/apartment. They are cheap, easy to install, and
can help avoid a lot of the problems we have suffered this
year with keys.
Our contact numbers are always
available to both yourself, and your guests.
Sign up here for our Spanish
property newsletter >>
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