Long Term Rentals
Summary of conditions:

Minimum length of tenancy 3 months

Maximum length of tenancy 11 months although 6 months is more common. Tenancies can be extended at a later date provided both parties are in agreement.

Holding deposit which is non refundable is equivalent to 2 months rental.

On arrival one month’s rental must be paid in advance.

Provided the tenancy is taken up, the holding deposit converts to the security deposit. The security deposit is repayable at the end of the tenancy provided there is no damage or loss to the property and there has been no breach in the terms of the rental agreement.

2 months notice is required where the tenant wishes to terminate the agreement before its stated end of tenancy date.

The rent is collected each month on the date that corresponds to the commencement date of the tenancy

Where bills are in addition to the rental, tenants are responsible for electric and water consumption. In some cases they are also responsible for the monthly television subscriptions. Where telephones are installed, the tenant is responsible for all costs. Where there are gas facilities the tenant is responsible for consumption.

If a pet is permitted to stay at the property, an additional deposit determined by the owner usually applies.

A written reference is required. This must be from an employer, landlord, bank manager or mortgage provider.
Copies of passports are required.

This is just a summary of the terms. A fully comprehensive tenancy agreement is provided where tenancies are agreed in both English and Spanish.