Olga Posted February 1 Share Posted February 1 Are you a landlord in Spain looking to rent out your property on a short-term basis? You may be wondering how much to charge for a deposit to ensure that tenants meet their obligations. After all, it’s important to protect yourself and your rental property from any damage or unpaid rent. Read on to learn more about how much you should ask for a deposit when renting out your property on a short-term basis in Spain. According to Spanish regulations, tourist accommodation rentals should require a maximum security deposit of two months’ rent; however, this is not always the case. Just imagine, you rent your property for 10 days... you are allowed to ask for 2 months deposit, but not so many people will be happy to pay for it. So, in reality the amount will depend on the agreement between you and the tenant, and is generally negotiated between parties before signing the agreement. The recommended amount ranges between 10% or 20% of the final price in biweekly rentals or one month if the entire summer season is rented. 1 Quote Link to comment Share on other sites More sharing options...
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