RENT OUT
PROPERTY

ESTIMATE VALUE OF PROPERTY FOR RENT OUT

An adequate assessment of the value of property upon sale is one of the most significant stages for the successful implementation of the transaction.

Property appraisal is a procedure that allows you to determine the real value of an property. It is necessary to make an assessment when making various transactions and operations with property - buying, selling, or when applying for a mortgage loan in a financial institution. It is better to immediately weigh all the important facts before the sale in order to close the deal in a short time, and not stretch the process of selling property for months or even years due to inflated prices.

Theoretically, you can evaluate property yourself. However, for this you will need certain knowledge and experience. The most correct and simple solution is to use the comparative method. See how much similar properties in your area cost and find the average.

Why do you need a property appraisal?

Property appraisal is required quite often. The most common situations are:

• Registration of a mortgage loan;
• Purchase and sale of an apartment;
• Housing exchange;

In the situation with mortgage lending, everything is quite simple. Valuation certificate is needed, first of all, by the bank. It is important for a financial institution to understand how much money can be given to a borrower.

As for the sale and purchase, the seller needs to understand at what cost real estate can be sold, and the buyer needs to make sure that the price is not artificially high and corresponds to the market.

If two people decide to exchange property with additional payment conditions, then an assessment is needed in order to adequately assess the value of the objects and so that one of the parties does not remain in a big minus.

During the sale, sometimes you have to make price adjustments - both downward, if the property does not find demand, and increase, when it is clear that the property is of interest to buyers and you can make a revaluation. As a result, the price of property is assigned by the seller, and the broker can recommend the best price.

Experienced specialists Alicante Real Estate can do all the work in a day or two if you have a typical property. A unique building may take longer.

The main factors affecting the rental rate:

• Location of the apartment.
• Transport accessibility (proximity to the subway and bus stops).
• The size of the apartment.
• The quality of repair.
• The type of a house.
• Infrastructure (the availability of nearby grocery stores, kindergartens, schools, etc.).
• The view from the window.

RENT OUT PROPERTY WITH ALICANTE REAL ESTATE

Renting out an apartment is a responsible and complicated business. Many inexperienced landlords often make mistakes that can lead to loss of not only time and nerves, but also money, and sometimes property damage. Here are the most common mistakes when renting an apartment on your own:

• The absence of an annex to the contract of the act of acceptance and transfer of housing.
• The property owner did not specify which utility bills are included in the rent. It can be payment of the entire receipt or only water and electricity.
• Lack of a deposit payment in the apartment lease agreement. In this case, the owner is not insured against property damage by the tenant or from an unexpected exit. During the repair of the apartment and the search for new tenants, there will be no financial cushion in the form of a deposit, which, in case of violation of the contract by the tenant, remains with the owner of the housing.
• Avoidance of taxation.
• The landlord did not discuss the conditions of living in the apartment. Can animals, small children or other people live there?

Important clauses of the contract that should be taken into account when renting an apartment. We will help you avoid all mistakes and guarantee favorable conditions for working with us.

Why is it better to rent out property with Alicante Real Estate?

Renting out an apartment is a common way to increase income. To speed up the process, it is necessary not only to prepare the premises and find responsible tenants, but also to comply with legal nuances. If you do not have time to search for tenants, answer calls and show the apartment, use our service.

Our advantages:

• You don't pay anything until the apartment is rented out.
• We are responsible for your property with our personal money.
• If necessary and in emergency situations, our own technical service goes to solve the technical problems of the apartment.
• We evict the tenant due to non-payment or complaints.
• When the tenant moves out, we select a new tenant within two weeks and sign the contract.
• Alicante Real Estate has its own laundry, which guarantees your tenants complete comfort of living.

The cost of management is discussed individually, but is not more than 25% + VAT per booking of the rental amount.

The management contract guarantees that you will receive a monthly income, the property will be safe, the technical problems of the apartment are resolved.

Alicante Real Estate - Always successful!