Welcome to another episode of Two-Minute Tuesday. Today’s question is: As a foreigner or non-resident, can I rent my property out in Spain?
The answer is a resounding yes! You have two main avenues to explore: long-term rentals and holiday rentals.
Long-Term Rentals: Ideal if you’re looking to make a steady return on your investment. Keep in mind that tenants have the right to stay for up to 5 years, so you won’t be able to use the property yourself during this time.
Holiday Rentals: Perfect if you want to enjoy your property yourself throughout the year. You can rent it out to guests when you’re not using it, giving you the flexibility to pick and choose when you want to stay.
Whether you’re looking for a long-term tenant or holiday guests, renting out your Spanish property as a foreigner is entirely possible.
Join us next week for more tips and advice on owning property in Spain!