In the last few years, a lot of foreigners have been buying properties in Spain and more specifically Costa del Sol. People who have purchased properties in this area would like to rent out their homes rather than leaving it empty for the most part of the year. This is exactly where property management companies come into the picture.
Your Spanish property is considered to be a valuable asset and it can generate income without any hassle if it is properly managed by property management in Spain. Most of the time foreigners who have purchased a property in Spain aren’t actually in Spain for more than a few weeks. Therefore, it makes sense to hire a property management company in Spain that can take care of everything for you. In this article, we would like to introduce 5 best property management companies in Spain.
Choosing the right Property Management in Spain
When you are choosing property management in Spain you need to consider a few things about the company itself.
- The company’s past experience is very important.
- Enough and legal knowledge of contracts, payment, deposits, etc.
- Local knowledge. The company’s staff must be fluent in both English to communicate with you, other people from overseas, and Spanish to communicate with the locals.
In addition, some companies offer a furnished package. That means, whenever they rent out your property they replace the items that you don't want other people to use. For example, towels, sofa, fridge, etc.
Without further ado, let's introduce the top 5 property management companies that operate in Spain.
1. Global Assets
Global Assets is considered to be a market leader in real estate and property management in Spain, Cape Verde, Portugal, Greece, and a few other countries. The main purpose of Global Assets is to optimize renal incomes for property owners by presenting their properties to the global marketplace.
They have created a portal that is being used by over 350,000 travel agencies across 176 countries. In addition, the portal is integrated with Airbnb, Booking.com, Travel Republic, Expedia, and TUI. This is a great strategy to showcase their clients’ property. Other than managing your property in Spain, they also provide key holding and housekeeping services.
2. Lucas Fox
Lucas Fox is a real estate agency that offers high-quality property services to locals as well as international clients. Their multilingual team has a fresh approach to property management in Spain. Much like Global Assets, they have a knowledge of the Spanish property sector as well as locations.
The Lucas Fox company was founded back in 2005 by Stijn Teeuwen and Alexander Vaughan they capitalized on the constant demand for Spanish properties in key locations, especially from international buyers. With over 15 years of experience, they are now key players in the Spanish real estate industry.
3. Eurofincas
Eurofincas is an international real estate founded in 1987 and it has become one of the top agencies in Barcelona and Sant Cugat del Valles. However, they operate in the rest of Spain. They are considered professionals when it comes to the real estate industry in Spain. They offer any services necessary to achieve the ultimate results you are looking for.
They have been operating in the real estate sector for over 30 years and have been able to overcome any challenges they have faced. They offer properties for sale as well as rent. Thus, you can even sell your properties through their portal.
4. Solaga
Solaga has been in property management scene in Spain for over 10 years. They mainly operate in Malaga in the holiday rentals field. They oath to take care of their customers with the highest quality holiday homes.
If you have a property in Spain or even if you are going to Spain and need a house to rent, they can offer some good quality homes. In addition, when it comes down to property management in Spain they offer a lot of services such as cleaning, maintenance, advertisement, check-in and out, etc. Moreover, if your property is being managed by them and you would like to use it, just give them a call and they will prepare it for your arrival.
5. Fiesta Property
Fiesta Property is a commercial real estate agency that has offices in Fuengirola and Costa del Sol, Marbella, Benalmadena, Mijas Costa. Their management team offers you a pretty straightforward approach as to what they will be doing with your property or even if you are looking to buy a property they offer some of the good services available in the market. For example, they can organize your inspection as well as accommodation.
They can also help you with employing staff, choosing schools for your children if you do decide to relocate to Spain, insurance, furnishing your properties, opening a bank account, etc.
Conclusion
In this article, we introduced the 5 best property management companies in Spain. Property management companies offer a variety of services. Most people have properties here and there that are just left behind. Property managements help you rent out your properties in Spain and earn extra cash to pay for the maintenance of the property that you own.