21 Feb 2016 10:49 AM:
Thanks Windtalker, your advice is very much appreciated and I will have a serious think before moving forward.
To be fair, I can easily afford the mortgage and running costs at the moment but I suppose I am scarred/worried in case my circumstances change down the line. I will only have a small mortgage (around 500Euro per month) & was only hoping to make around 3000 - 4000Euro a year from renting the property - I do not intend to use the rental money to pay the mortgage but would like to build up a 'reserve' incase I run into problems in the future.
When I was over at HDA, the estate agent advised me that the 3 bed villas with private pools rented particulary well & reassured me that I would have no problem renting throught the schools holidays but I am not so sure this is the case and I cannot see any villas pre-booked for this years summer holiday!
If I was to find my own clients, how could I find out about the toristca license, liability insurance and tax ?
Also, can anyone advise me on the costs of pool maintaince? The estate agent advised me they charged 100Euro per month which seems quite expensive.
Thanks again for any advice
Thread:
Hacienda Del Alamo - Do villa's rent well & is there still a fly problem?
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