Spain Property Insight

The areas I’m looking at are Andalucian cities, Estepona, Las Palmas or Barcelona

As landlord or tennant?

Either way, it is easy. Most rents ask for three months rent up front. Two months deposit (which is very difficult to get back) and one (or two ) month’s rent in advance.

Personally I would only give one month’s rent as a deposit or go else where.

Short term rental agreements are very simple and easy to understand.

Always take local advice.

Avoid any agency that has not got lots of years in the business. API agencies are the only ones to deal with if you have no local knowledge and cannot read the Spanish contract yourself.

do they have mortgages that are available for other EU citizens such as from the UK?

It works just like anywhere else. You go to a bank and if you can afford the mortgage, you get it.

Just remember that there are taxes and notaries to pay on top of the purchase price. Your bank will advise. (Budget at least 10% to 15%).