Government to set up rental agency
The effects of a socialist government in Spain may well benefit property investors in Tenerife. The government has confirmed that it will set up an agency to rent out property on behalf of owners.
Details of this new government agency have been released just recently. It will be called the State Renting Company (La Sociedad Publica de Alquiler) and will rent out privately owned property on behalf of the property owners.
Rest of the story may be read here:-The Paper
*Edit for copyright reasons - Glynis*
this is really interesting as I have a property in Spain and would certainly consider something of this nature - - all dependant on small print and good legal advice of course.
How can I keep up to date with the developments, any tips
I am doing some research through agent in Spain and will do same if I hear.
Could you PM me if you hear anything,
Would you do it in the UK?
Check your comunity AGM debtors list. I can virtually guarantee that nearly ALL of the debtors (and I am stating facts from ours and all my friends agm's, so no racisim cards please) are... Spanish!
The Sausage munchers, Onion eaters, Clog wearers, Pizza scoffers and Chip eaters nearly all pay, but the Sombrero wearers, per capita, are by far the biggest fee payment abstainers, year in - year out!
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