Posted: Mon Nov 7, 2022 4:49pm
From our own experience (we bought a house in Camposol last month through Mercers), once you have chosen a property, don't believe the lies the estate agent will tell you about its condition (they are representing and being paid by the vendor, so will say anything to get the sale). Get a survey done before paying the non-refundable deposit, and then decide whether to use any negative findings to negotiate a lower sale price or move on to a more suitable property. Also, don't use the solicitor recommended by the estate agent (in our case, PALS), they did not represent us and were on the side of Mercers.
To rent it out as a holiday let, you need to register the house with the Office of Tourism to get a Tourist Licence, then register it with the Guardia Civil (because you need all guests to be registered with them using their registration number for your property). Be aware that the bedrooms must be of a minimum size to qualify as a single or double with the Office of Tourism. In our case, we deliberately chose a 3 bedroom Rebecca house, thinking that we would have two double bedrooms and one single for a total occupancy of 5, then found out that the larger double bedroom just qualifies as a double, the smaller double bedroom only qualifies as a single, and the single bedroom is too small to qualify at all - so only 3 guests are permitted to stay in our 3 bedroom house !!
You also need to produce a booklet listing places of interests for your guests to visit (the Office Of Tourism want to encourage them to get out and about, and spend money in the Spanish economy) which must be in Spanish and English (at least) and include a list of emergency contact numbers. To this end, I researched on-line via google and made a list of potential places from home, then spent 5 days rushing around to visit these places once out here, taking notes and added other places as I discovered them. You obviously have to find attractions suitable for elderly couples and young families with kids, and everyone inbetween.