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Property Management and Rentals La Marina

The property rental market in the Costa Blanca region of Spain. Moving and living to the Alicante region without having to buy.

How it all started
Saturday, May 31, 2008 @ 3:35 PM

As so many Brits do, we (Sam and I plus her parants) wanted to move from the cold and wet, the traffic congestion and long hours at work to start a new life in Spain.  We started looking at different business ideas and came across a franchise opportunity at OPI Rentals who are the largest property management and rental company in Spain.  After coming over to the Costa Blanca and after a few meetings with the directors, we decided to open up an office in La Marina in August 2006.  We chose this area as soon as we saw the beaches (they stretch for miles with pine forrests, sand dunes and are blue flag award winners).  Our thoughts were if we loved the beaches then it must be popular for tourists and it would be a lovely palce to live.  Of course there were other reasons, there are other popular resorts close by such as Guardamar, Torrevieja, Alicante and Benidorm, numerous golf courses, one of the largest shopping complexes in Europe at Murcia (40 minute drive) and Alicante airport is only a 20 minute drive.  La Marina itself is a large urbanizacion with plenty of supermarkets, shops, bars and restaurants and even a couple of nightclubs.  With so much work opportunities in the area there had to be a  demand for rental properties for long term lets as well as holidays.
Well looking back we were a little nieve as we had no experience in this field and couldnt imagine how much time it would take up.  However in less then 2 years w have established ourselfs and are building a good reputation plus the OPI group are growing with more and more offices opening throughout Spain.  As any property manager will tell you it is not easy work, with so many things that can go wrong in a property from no electric at 06.00, losing satellite reception before the big game is just about to start or damp problems in the winter.  But as soon as the weekend arrives and you go down to them lovely beaches, you realise it is all worth it.


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4 Comments


Brian said:
Saturday, May 31, 2008 @ 5:06 PM

What's the advantage of taking out an OPI franchise? Why not just save that cost like so many do? Just wondering as we are also looking to do property management when we move over next year.


Stuart Markham said:
Tuesday, June 3, 2008 @ 3:26 PM

Hello Brian

The franchise is not cheap but you get the support from head offfice, access to bi.lingual staff, IT support and networking and relationships with a number of large developers. Also the marketing cost is shared between 14 offices. There are so many property management companies most of them illegal and not registerd and the legal side of the business can be a minefield. From my experience I could recommend purchasing the franchise but I couldnt recommend starting up on your own.


Julia Byrne said:
Thursday, June 5, 2008 @ 10:50 AM

Hi Stuart
Does your office cover property in Almoradi?


Stuart Markham said:
Tuesday, June 10, 2008 @ 2:54 PM

Hi yes we do, if you would like to give us a call on 0034 966795422 we can talk through your options and work out what would work best for you.

Kind regards

Stuart


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