Holiday letting of Monsoras or fiesta villas - General property discussion in Camposol - Camposol forum - Costa Cálida forum in the Murcia province of Spain
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Holiday letting of Monsoras or fiesta villas

Posted: Sat May 30, 2020 5:27pm
4 replies325 views2 members subscribed
ChrisW72

Posts: 12

Location: Camposol

Joined: 2 Nov 2019

I am looking to buy on Camposol. I want somewhere as a holiday home for the family but would also like to let the villa for holiday rental. I'm most interested in the Monsora and Fiesta villas. Does anyone have any experience of these being used as holiday lets?

ChrisW72

Posted: Sat May 30, 2020 10:57pm

ChrisW72

Original Poster

Posts: 12

Location: Camposol

Joined: 2 Nov 2019

Posted: Sat May 30, 2020 10:57pm

Thanks for the response. The idea would be to buy based on a mortgage I know I can cover (and hopefully still afford the  odd holiday 😉) with holiday lets just helping me to get more trips out. I've already been warned that Spain is now very sharp on unofficial letting so it would all be done above board. What I'm interested in is what I could realistically hope to make annually if I did do the holiday letting.

Roland

Posted: Sat May 30, 2020 11:27pm

Roland

Legendary helpful member

Posts: 3519

2581 helpful points

Location: Camposol

Joined: 23 Feb 2018

Posted: Sat May 30, 2020 11:27pm

You are not going to make any money at all on letting these villas.

Legally.........

ChrisW72

Posted: Sun May 31, 2020 8:20am

ChrisW72

Original Poster

Posts: 12

Location: Camposol

Joined: 2 Nov 2019

Posted: Sun May 31, 2020 8:20am

That answers my question.  Thanks.

ChrisW72

Posted: Sun May 31, 2020 9:34am

ChrisW72

Original Poster

Posts: 12

Location: Camposol

Joined: 2 Nov 2019

Posted: Sun May 31, 2020 9:34am

From previous visits I knew about the 40% (which I've got). For the remaining 60% I'm undecided about using a UK finance option or trying to get a Spanish mortgage of approx €40k. I can see pros and cons of both options.

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