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
Forum thread:
Hacienda Del Alamo - Do villa's rent well & is there still a fly problem?
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