Landlord insuurance
Hi I was thinking of renting my studio out for the winter. I was wondering if I can get landlord insurance.
Hi I was thinking of renting my studio out for the winter. I was wondering if I can get landlord insurance.
Not just as simple as you think.
You need a licence to rent out a property now
If you don't get one & get caught the penalties are very severe.
Not just a few hundred euro's either
10 000 + euro's as it's classed as tax evasion !!
Posted: Sat Sep 4, 2021 11:22pm
Roland wrote on Sat Sep 4, 2021 10:29pm:
Not just as simple as you think.
You need a licence to rent out a property now
Read more...
If you don't get one & get caught the penalties are very severe.
Not just a few hundred euro's either
10 000 + euro's as it's classed as tax evasion !!
Yes I know that I have to pay tax ect.. and licence. Just wondered about the landlord insurance.
Posted: Mon Sep 6, 2021 6:05pm
Helpful member
!50 per cent agree
Ensure that you do have a fully inspected and approved Tourist Rental Licence and have the official
Registered Rental Licence Plaque installed on the external wall of your property which the area inspector and
police now regularly check against. To echo the other post Yes fines and imprisonment are now very severe and you would also
find that any guest in your property would also be fined usual 25-40 per cent of the fined you received. So,. if your were fined 100,00 euros they would receive a 20,000-40,000 euro fine. Remember you also have to register every guest into and out of the property with the local police.
It all save you as noted court appearance for tax evasion a fine plus maybe imprisonment and very unhappy guest also receiving massive fine as well.
Find more General property discussion topics from a particular area:
Or view all General property discussion topics in all of Costa Cálida.