Spanish property rentals - rental management of property in Spain
 

 

 
   
 
 

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Managing your Spanish Property Rentals

Before beginning with the rental management of your spanish property, in the first instance, you should prepare all your paperwork and standard stationary. This can be held on computer with most of the correspondence being dealt with via email. You should also start with a full inventory of the property you are renting.

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You will at least need a bookings and lettings rental chart and availability calendar, a filing system, with files for each individual booking, a spreadsheet for all your accounts and payments, and some standard stationary for responding to rental enquiries, plus a welcome letter and a follow up letter. Set a definite changeover day so you do not end up dealing with part weeks that you cannot fill with holiday rentals.

Enquiries, Bookings and Letting of your Spanish property. . . It is important to respond swiftly and enthusiastically to your property rental enquiries - especially those that come via email as Internet users expect quick results. Thank the enquirer for showing an interest in your property and send a confirmation of the availability, answer any specific questions, and suggest they book quickly to avoid disappointment.

If they decide to go ahead and book, send a follow-up pack with further information, renting and payment conditions, arrival times, etc. You can also use this reply to ask a few questions about the guests, or you may wish to make a telephone call as it may reveal a lot more about the person and his rental party - you may decide these are not the kind of people you want in your rental property! It is unwise to ignore any rental enquiries, even if your property is booked for the period in question - they may come back to you with an alternative date or even year!

2004 was a disappointing year for Spanish property rentals and it is unwise to 'price yourself out of the market'. If you keep prices competitive and offer good, well equipped acccommodation, you should make a good return on your investment.

If you are unsure of how to proceed, Citrus Villa Care offer rental management packages which can ensure you have a wide exposure for your property in Spain.

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