Tenerife holiday rental? How profits the tenant and, how the landlord?
Tenerife holiday rental is popular all year round because of the steady, warm island conditions for our health and the almost always shining Tenerife sun with 30C on beaches, easily, around Easter which doesn't go for shade, of course. The peak season is winter for pensioners who hate to scrape ice off their windscreens, frost bites and, high North European fuel and flue medicine costs. In peak summer time, Tenerife is also an excellent escape for people whose countries crack under burning heat. Extra jets are chartered from November onwards for all those northern two legged sparrows who pay anything to get to the island. They've learned that Tenerife holiday rental pays them to save money to use rented transport or for buying a car in Tenerife; fuel costs are also so much less(80 or 85 Cents/liter by March 2008). The price of Tenerife property rent is therefor even more affordable over an extended period of time. Besides, Tenerife hotels do not give discounts for large stays. On rainy days one feels more at home with privately rented holiday accommodation with often more of a personal, 'comfy' touch and extra special appliances. Additional good reasons are given below. My Tenerife holiday rental topics: - for tourists
- about myself and my Internet friends
- for the owner as property investment in Tenerife
- a rare note
- for bed and breakfast and activity holidays
- How find tourists to let to ?
- Conditions of rental payment
- Why make a place look attractive ?
- The tourism law
Tenerife holiday rental regarding the Tenerife tourist: Why would he go for Tenerife property rent from a private owner the 2nd time around in the island, for example? - Convenience is the answer.
- Eat what you want, when you want and, where you want.
- The Tenerife cuisine is varied, good and cheap.
- A pick nick for Tenerife excursions is very popular.
- Tenerife tours come with meal included, often.
- A Tenerife vacation with private rental means liberty or, adventure for some of us.
- Tenerife holiday rental from a private owner usually allows us
to sleep more people at no extra charge. - Most Tenerife holiday rental works out fine for the tourist.
However, recommended rental agencies or Internet agents are often a safer bet. You may also check out property rental in Tenerife while at the end of a holiday. You may always with luck reserve a rental jam a year in advance with a deposit, of course. P.S. There is a tiny hotel in Puerto de la Cruz behind the bus station in direction of beach which is called 'Bananas' whose rental is always booked out by tourist for years ahead. This is what I was told when trying to rent there for a friend at reception.
Motives to rent out by myself: I tried the Tenerife holiday rental scene as an owner by sheer curiosity in the first place. I left it quickly for my own private reasons. A holiday studio needn't be for property rental in Tenerife, only. When I bought one I had all sorts of ideas with it. One of them was to eventually move their myself, one day. I renovated, furnished and equipped it too nicely. It belongs to my children as well. Every time they came to see me one of them at least had to go to a hotel The studio would solve this problem. My own place is too small. Perhaps my son would settle in Tenerife. He would need a place to stay. Then, I needed it for friends. For a while I was searching for Internet pals. Don't laugh. 2 years after I had lost my husband I suddenly felt lonely. I was looking for friends on line to come see me in Tenerife. Property rental in Tenerife of course didn't apply to them. The Internet male friends were my guests for whom I also was Tenerife guide. The studio was perfect to put them up. I did not want strangers at my home, you know. Why didn't I sell both my small properties again and buy something bigger? Don't ask. It's a long story...
Rental for property investment in Tenerife. Tenerife holiday rental possibilities are incredibly varied. - Almost every foreigner who owns property in Tenerife lets it at least part time.
A small place rented out over a period of 5 months at about Eu 500/month should always cover costs and bring good profit. Not to forget are July and August. With a little effort good gains for property investment in Tenerife may be achieved. - A good 'back packers' place is also needed, by the way.
- Holiday rentals in Tenerife with Bed and breakfast are rather in dire needs in Tenerife.
- They are hardly done in rural places, either. Breakfast could be charged for, separately.
- Many holiday homes are offered with a theme such as riding, yoga, painting classes or other. You may find out what else is done with rural property in Tenerife holiday rental by going from my page tenerife holiday rental to fincas in Tenerife. Fincas may be excellent options for property investing in Tenerife. You'll see...
An unusual note about property rental in Tenerife where an apartment wasn't owned by the elderly lady who sublet. - The lady passed away not long ago, which allows me to publish this. - She used up all the rental proceeds for doctors and flights to her home country where again she spent more to fight her illness. She once even did Tenerife holiday rental with tourists whose dog she looked after. She had a couple who was renting once. They asked her to cook for them. They did the gourmet shopping. She was invited to eat with them free of charge. Not a bad arrangement for somebody who adores cooking... She, usually, offered bed and breakfast, only, with cooking facilities in her kitchen.
How find renters for property rental in Tenerife? Stay away from large free portals where you have to leave your Internet address which is your email direction. You get all the tourists who want to rent almost for free or you get those that only hunt for Internet directions.And you get bombarded with stupid rental inquiries which make no sense at all. Once, you answer those Tenerife holiday rental inquiries you will get killed with Spam mail which you must because of possilble viruses. I even tried Craigslist for renting for the fun of it. The amount of people that wants to pay rental with cashier checks is just scary. A so called father once wrote me. His church didn't exist. I never again received such a grotesque mail. Yes, I got quite a bit of fun out of my advertising for Tenerife holiday rental. The good father offered to pay Tenerife rental through his accountant with cashier check. So much to Internet security. Please, open Craigslist where you will find it under fraud and scams. This is by far the best that's been written on it which you should mind when thinking to rent out on Tenerife island.
- Join a good renting agent in the Internet that comes recommended...
- Rather pay the fee or rental commission... It's worth it.
- It's possible to advertise for accommodation wanted or to offer it.
- Better rent out through a local good agent if you are not in Tenerife that often.
- You may even hand over real estate rental to a Tenerife property management company...
One more tip for rental is: Have the place you want to use for Tenerife holiday rental look neat and homely... People will not only respect it more but, are more likely to rent again. And, never go wild with ornaments in property you want to rent out.. They can break too! Recently, I heard about the most peculiar huge candle which was an ornament obstacle in a furnished rented apartment and couldn't even be lit. Weird, what some people bless their renters with... Payment conditions for renting out advertising in Internet: Never forget that whoever wants to rent also would have to pay for travel including hotel accommodation in advance. 2 months or, at least one month before arrival would be adequate after having charged an initial deposit. The safest and fastest way to handle rental bookings in my mind would be by using paypal.com That way double bookings for rental are best avoided. By the time a bank transfer has arrived or not you might have lost a potential renter.
Depending on amount of carpets and rugs feel free to ask extra pay from renters who bring a dog or a cat. Eu 50 per month for a cat is acceptable. Eu 100 for a dog would make sense...
The Tenerife tourism law: - To protect hotels and other licensed rental establishments for tourists private owners are officially not allowed to rent out to tourists for less than 181 days or 6 months. The other reason is to protect neighbors in residential areas from tourist noise.
- Accommodation for friends and family is always allowed because, we officially don't charge them rent.
- Tourist licenses for renting out are quite easily obtained in areas that don't fall into the tourist zones. Rural areas are out of those zones. No big deal anyway in a small island where the next town is never far off.
Please, go back to Spain Alert which is all about the new property law which is good to know before you invest for renting out and it lets us plan any Tenerife property investment so much better. Besides, renting out in fincas is 100% legal where no questions will be asked, ever. By the way I don't own a finca, so no reason to sell you rental there... Here another insider tip: There are a few holiday home owners I've heard about that keep a car on the island and rent it out to their renters as a property rental package deal. This may be extra income for Tenerife holiday rental, also, to help with mortgage payments. In such a case, it's a good idea to have a reliable honest mechanic on hand to supplement property rental with service for the car on a regular basis which is not hard to arrange. It's easy to find mechanics for your rental just by asking in the pub where English people like to watch famous soccer games enjoying it in the right crowd which is more fun. Offering your car for rent together with a villa or apartment might be tricky but, think it through, especially, when renting out to golf buddies from the UK. And, specify extra rules for the car in the home rental contract. Recommending a good car rental in case of a break down will also help. Crazy, but very interesting how involved property rental can get when thinking of it as an investment... A recent tip and hot news for renters as well as landlords:April 2008. German renters from Hamburg just bought a 2 bed room flat which they were renting over winter for several years. Why? Excellent rental service and they got the hang of it... Ha!Location: Tenerife north Romantica Los Realejos. They paid something around EU 200 000 for a 2 bedroom flat which is lots in these days where plenty is on the market. Of course, the flat was immaculate, well furnished and had good views. It was a direct sale, by the way. Just figure what good property rental service with perhaps some extras thrown in as a bonus can do for a future investment. In the same area an other larger flat was sold directly to property renters, end of winter 2008. Also for a good price and, for how much is not important in this context. What counts is that flats get sold to home renters at prices that make people without mortgage problems happy. The lady is back 4 weeks later renting accommodation in a hotel and is considering buying property again such as another apartment. The last sold apartment to property renters wasn't in the very best corner of Romantica suburb, by the way... Just shows what the reality may be like in this 'mad' property rental business in Tenerife. I have retired German friends who always walk to Puerto de la Cruz from Los Realejos through the Baranco behind Hotel Maritim. Lots of dogs are taken 'walkies' there by foreign over winter property rental tourists. It's easy to make friends on that hiking path and to get the latest news which often includes Tenerife property rental. This also shows renters that it pays to treat a rented Tenerife home well. They might one day want to buy it with or without winning the lottery... By the way, when bringing pets with to Tenerife mind they are not allowed in buses nor in cabs and very with property rental either. All those things should be known by landlords who are thinking of renting out to tourists. Can you smell another rental property investment idea? I can... Tenerife holiday rental allowing pets has become a hot market... Here some info you might be keen to look at regarding pet transport by airlines while considering a rental holiday in Tenerife or to other destinations. Mind Links leading outside this homepage will open in small window... Hold down ctrl key if they don't open or, allow sites as "allowed sites" in your browser tools options...
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