...when renting your property

Mar 18, 2021 |

10 important items when renting your property.

At Albium – Properties in Barcelona, we offer a rental brokerage service where you, as the owner, can feel secure and at ease regarding your property, so you can focus on what matters most, knowing that we're protecting your interests.

Our team has extensive experience managing rentals for both private clients and property owners and businesses. Below, we explain 10 points to consider if you're thinking about renting your property.

1. Contract type : Depending on the property and the needs of both parties, landlord and/or tenant, one type of contract or another will be more interesting to draw up.

2. Property Preparation : Is the property in good condition? If it's a home, is it better to furnish it or rent it unfurnished? These factors influence the tenants and potential tenant profiles. What preparations should be made to maximize the profitability of that rental?

3. Ready with your documentation : Do you have the Certificate of Occupancy and the Energy Certificate, among others? How do you process them? Do you know if you need any other documents? You've probably read about the Rental Income Limit Index. Do you know if it affects you?

4. Customer qualification : In order to avoid unnecessary visits, we filter interested parties not only based on income but also on social profile and whether they will fit with the property, the building, and its surroundings.

5. Tenant Selection : Before choosing, we always align the proposal with the property so that both parties feel comfortable.

6. Rent default insurance : If you want more peace of mind, we can arrange rent default insurance so you don't have to worry about paying your monthly rent.

7. Contract preparation : The best news is always not having to resort to the contract, but if you do, it's best to make sure it's well-written. We resolve any questions you may have while preparing the contract and make sure to include specific clauses for your peace of mind.

8. Security deposit : We advise you on which security deposit or guarantee to request in each case according to the type of property and contract, we enter the amounts in INCASOL and we pay the appropriate taxes.

9. Changing utilities : This task is always very tedious. We'll do it for you, ensuring they remain in the new tenant's name if you wish.

10. Rental management : If you want greater peace of mind during the life of your property's lease, we manage your rental and take care of everything: tenant relations, monthly payment control, rent variations based on the CPI, contractual communications with the tenant, insurance management, utility changes, deposits, property repairs, and more.

If you own a property and would like to learn more about how to improve its profitability and live more peacefully, Albium – Properties in Barcelona can conduct a free assessment. Contact us.