Renting is a great option for those who are not ready to buy yet. Renting as an overseas buyer can be a great way to get test out life in Spain and to determine what makes up your perfect home.
Renting a property in Spain is fairly similar to renting anywhere else in Europe. Spanish law requires the tenant to pay the landlord a minimum of a one month’s rent in up front when signing a contract. If the property is furnished a landlord may ask for two months’ rent to cover the potential cost of damaged furniture. When your contract is up the landlord will carry out an inspection before refunding the client’s deposit. In order to set up a rental agreement the tenant will need to have a Spanish bank account and a passport or NIE number.