Many homeowners prefer to earn something less per month and instead have someone they trust as a tenant. You can also consider joining a public rental incentive program (public entities such as some municipalities undertake to mediate between tenants and landlords in exchange for a series of guarantees).
Before renting an empty house many questions arise: And if the tenant does not pay? How much can I rent it? What will I have to pay to the Treasury?
Before renting an empty house many questions arise: How much can I rent it? What if the tenant does not pay? What will I have to pay to the Treasury? And a long etcetera.
We tell you all the steps you need to follow to rent your house or empty flat with maximum guarantees.
Advantages of renting an empty house
First of all, if you are undecided or indecisive we remind you of some of the advantages of renting an empty house:
Possibility of profiting the investment
Aid for the payment of the mortgage (if any) and to amortize fixed costs such as the IBI, the community or the maintenance of supplies
On the contrary, the fear that the tenant will not comply with the payments and vandalize the property can be remedied by hiring rental insurance like the one offered by Zurich Insurance in his home insurance.
In addition, there are other precautions when choosing the tenant and formalizing the rental agreement. Know them!
How to choose the best tenant?
Even if you decide to rent your apartment through a real estate, it is worth checking the following points in order to choose the best tenant for your property and for more information please check this link https://speedhome.com/
The tenant presents a fixed employment contract and the rent does not exceed 30% of their net monthly salary.
The tenant does not appear on any public list of defaulters. You can find more information on the page of Sane (National Information Service on the Files of the Morosos)
The tenant also presents a personal or bank guarantee.
The tenant is recommended by a relative or acquaintance.
Many homeowners prefer to earn something less per month and instead have someone they trust as a tenant. You can also consider joining a public rental incentive program (public entities such as some municipalities undertake to mediate between tenants and landlords in exchange for a series of guarantees).
Do not hesitate to ask for several months deposit. The most common are two months, but you can assess the need to ask for some more.
Rent a flat by real estate
Usually, the expenses of the agency fees are borne by the tenant so many owners choose this option to have professional support in all the procedures of renting an apartment and avoid the inconvenience of having to show the apartment.
If this is your case, check that the tenants that propose to you adjust to your conditions and, if you are not convinced, request a meeting with the candidates to finish choosing according to the impression they give you in person.
How much to ask for the flat?
The best advice to know how much to ask for the flat is to do a market study in the area and then ask a professional for advice. You can always start by asking for more and then going down.
Before putting a price it is also advisable to make accounts of the expenses that as an owner you will have to continue paying to know what benefits you will have exactly after taxes, the payment of the community of neighbors, the insurance, the arrangement of damages that you have to cover as owner, etc.
How much do you have to pay to the Treasury if you rent an apartment?
Contrary to popular belief, renting an apartment is not always synonymous with paying many taxes.
You will especially be interested in reducing up to 60% of the benefits if your tenant lives in your apartment on a regular basis (including students who may be living somewhere else from June to August).
How are taxes payable calculated?
To know what you will have to pay to the Treasury for renting a flat, multiply the monthly payment received by 12 and then subtract all expenses (IBI, garbage taxes, insurance fees, bank interests, property depreciation, supply expenses, etc.)
To the resulting figure, also remove 60% if the rented apartment is the first residence of your tenant.
And that is what you will have to add to your annual income and what you will have to pay the corresponding amount.
For example: If you rent a flat for 1,000 euros a month, you have an income of 12,000 euros a year. Less hypothetical expenses of 3,000 euros remain 9,000 euros, less 60%, are 3,600 euros that the Treasury understands that you have had as net benefits and that you will have to pay So on average, if you were the owner of the apartment in this example, you would have to pay between 700 and 1,500 based on your income.
We advise you to go to your nearest Treasury office for more tailored information.
How long do you have to have the rented flat?
The latest modifications in the relevant regulations reduce the minimum contract period from 5 to 3 years.
Before this period you can only recover the apartment if you need it as a first home for yourself or for a first-degree relative or a former spouse after the divorce.
