High quality of life on the Costa Blanca
Rainer Schmitz, CEO of ALICANTE REAL ESTATE, in an interview Rainer Schmitz is the owner and managing director of the German real estate agency ALICANTE REAL ESTATE based in La Mata, Torrevieja. Together with his team, the trained office administrat...
27 October 2022
Dear customers - thank you for 2020!
As the founder and owner of ALICANTE REAL ESTATE, I would like to thank you for a great and exciting 2020 and update you on the future development of our company. Even if we may not have known each other personally and you have been in contact with ...
27 October 2021

Long term rentals in Torrevieja: what landlords and tenants need to know?

Long-term rental property in Torrevieja is not only a convenient and practical choice, but also a great opportunity to fully immerse yourself in the unique atmosphere of this picturesque Spanish resort town. Benefits that make long term rentals in Torrevieja such an attractive option:

1. Comfortable living: One of the key arguments in favor of a long-term lease is the opportunity to create your cozy home for a long time. You will be able to enjoy the comfort and convenience of your own home, designing it to your liking

2. Save time and effort: Long term rentals free you from having to look for accommodation every time you come to Torrevieja. This allows you to focus on leisure, work or activities and not waste time looking for a new place to live.

3. Location advantage: You can choose accommodation in the desired area of Torrevieja - near the beach, promenade or in a quiet cozy quarter. This will allow you to enjoy the benefits of the local infrastructure and culture in the most convenient way.

4. Immersion in local life: Living on a long-term rental, you can get to know Torrevieja life more closely, become a part of it and enjoy the atmosphere of local events, cultural festivals and traditions.

5. Flexibility and Stability: Long term rentals provide stable living conditions. You will be able to plan your budget in advance without worrying about fluctuations in housing prices during the season.

6. Opportunity to work from afar: If you work remotely, long-term rentals in Torrevieja provide you with the perfect opportunity to combine work and leisure in an inspiring environment.

7. Learning Language and Culture: An extended stay in Torrevieja allows you to immerse yourself in the Spanish culture, improve your language level and enjoy interacting with the locals.

Long-term rental property in Torrevieja

Long-term rental of real estate in Torrevieja has become a very attractive option for both residents of the country and foreign citizens. However, for both tenants and landlords, there are some pitfalls that should be considered in order to avoid unpleasant situations.

For tenants:

1. Understanding the Rules and Obligations: Before signing a long-term lease, all terms, conditions, and obligations must be thoroughly understood. It is important to understand how much the rent is, what additional payments may arise (utilities, internet, etc.) and what are the rules for canceling the contract.

2. Property Condition: 

Inspect the property in person or through a representative to ensure its condition. Take photographs of defects and damage to avoid conflicts over the amount of wear and tear after the end of the lease. Capture even the smallest details.

3. Security deposits: 

Learn about the procedure for returning a security deposit. It is necessary to comply with the terms of the contract in order to avoid deductions from the deposit at the end of the lease.

For landlords:

1. Legality and documentation:

Make sure your property is suitable for long term rentals according to local laws and regulations. Be sure to draft a lease with the participation of a lawyer so that all conditions are clearly spelled out.

2. Property Maintenance:

Keep your property in good condition. Regular maintenance and repairs will help avoid problems with tenants.

3. Tenant selection:

Verify potential tenants carefully. Ask for references, conduct a solvency check and be sure to sign the contract.

How to avoid problems for both parties of the contract? 

1. Follow the terms of the contract:

Both the tenant and the landlord must strictly comply with the terms of the contract. This will help to avoid misunderstandings and conflicts.

2. Timely payments: It is important for tenants to pay rent on time, and for landlords to provide services and maintain property in good condition.

3. Communication and openness: Maintain open and honest communication between tenant and landlord.

If you have any questions or problems, solve them together.

Long-term rental property in Torrevieja can be a very attractive option for those looking for long-term accommodation. However, among all the opportunities, there is always the risk of fraud. To avoid unpleasant situations and loss of money, it is important to be careful and follow certain recommendations.

1. Work only with trusted agents and realtors:

Before you start looking for housing, research the reputation of real estate agents and agencies. Contact only those who have good reviews and recommendations from other customers.

2. In-Person Property Viewing: Never accept a rental property that you have not seen in person, or at least done a virtual viewing via video link. Fraudsters can use photos of false housing.

3. Beware of prepayments: 

Be careful if you are asked to pay a large amount of money in advance. This may be a sign of a scam. Valid deals usually include one month's rent upfront or a deposit.

4. Check the documentation:

Make sure that the agent or landlord provides all the necessary documents confirming the ownership or lease of the object. Also make sure the documents are genuine.

5. Be vigilant on third-party platforms:

If you're looking for accommodation through internet platforms, be wary of listings that look too good to be true. Keep an eye on other users' reviews and don't pre-pay before the actual meeting.

6. Request contact details:

It is important to have the contact details of the landlord or agent so that you can contact them if necessary. It is suspicious if contacts are limited only to email or instant messengers.

7. Questionable payment methods:

If you are asked to use unusual or questionable payment methods, be careful. It is best to use regular and secure payment methods such as bank transfer.

8. Check the information:

Research the Internet and check the information about a specific object and landlord. Scams can be repeated and finding warnings from other people can help you avoid the pitfalls.

Protect yourself against scams by following these tips. Always proceed with caution, check information and documents, and feel free to ask questions. In case of any suspicion, it is better to refuse the transaction than to risk your money and safety.

High quality of life on the Costa Blanca
Rainer Schmitz, CEO of ALICANTE REAL ESTATE, in an interview Rainer Schmitz is the owner and managing director of the German real estate agency ALICANTE REAL ESTATE based in La Mata, Torrevieja. Together with his team, the trained office administrat...
27 October 2022
Dear customers - thank you for 2020!
As the founder and owner of ALICANTE REAL ESTATE, I would like to thank you for a great and exciting 2020 and update you on the future development of our company. Even if we may not have known each other personally and you have been in contact with ...
27 October 2021
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