A Place in the Sun Magazine - Spring 2017 edition - Spain
The Essential Guide to renting out your Holiday Home in Spain - an excerpt
March 2017
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Choosing the right property - Spain
'If you are serious about generating income' advises Louise Reynolds of Property Venture® '(you should choose an area of Spain which has a long season.) So look at the Costa Blanca which has 300 days of sunshine a year, or the Costa del Sol, which has around 320 days of sunshine and lots of golf courses, which extends the holiday season for renters from February through to November.' Reynolds also recommends year-round destinations 'that have it all - bars restaurants, cultural venues, nightclubs, shopping and beaches' such as Barcelona, Valencia and Alicante.
...... 'You can offset mortgage interest costs and expenses as an allowable expense in the UK and Spain. You will of course need to document income and expenditure, as well as providing proof, by means of an HMRC certificate of tax residency in the UK and submit this to the Spanish Tax Office,’ says Reynolds of Property Venture®
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Property Venture® is an award-winning, European investment property specialist who helps investors and holiday home buyers in Europe.
The focus is mainly greater Europe: Spanish homes, buy-to-let and homes in Poland, UK investment property, Managed Leaseback in France, Cypriot property
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