Calling Owners to Consider Agency Rental

Why are we calling Javea property owners to consider agency rental?

Well, nestled along the scenic coastline of the Costa Blanca, Javea stands as one of Spain’s hidden gems, captivating visitors with its pristine beaches, charming old town, and stunning Mediterranean vistas. However, behind this idyllic facade lies a growing concern: the shortage of long-term rental properties. As demand surges and supply struggles to keep pace, it’s time for property owners in Javea to reconsider their rental strategies, with professional agencies offering a viable solution.

Rising Demand, Limited Supply

The allure of Javea as a place to live, work, and retire has been steadily increasing in recent years. Expatriates, retirees, and remote workers from across Europe are drawn to its relaxed lifestyle, excellent amenities, and favorable climate. Additionally, the rise of digital nomadism has further fueled the demand for long-term accommodation in this picturesque coastal town.

However, this surge in demand has outstripped the available supply of long-term rental properties in Javea. Prospective tenants, whether local or international, are often faced with limited options and stiff competition for the few properties available. As a result, rental prices have soared, placing a significant burden on tenants and dampening the town’s overall attractiveness as a long-term destination.

Challenges of Direct Rental

In response to this shortage, many property owners in Javea opt to rent their homes directly to tenants, bypassing the involvement of rental agencies. While this may seem like a convenient and cost-effective solution, it comes with its own set of challenges and risks.

First and foremost, managing a rental property requires time, effort, and expertise. From advertising and screening tenants to handling maintenance requests and collecting rent, the responsibilities can quickly become overwhelming for individual property owners, especially those who do nto live in Javea.

Also, direct rental arrangements may expose property owners to various legal and financial risks. Without proper contracts and legal guidance, disputes over rent, property damage, or lease terms can escalate into costly and time-consuming legal battles, tarnishing the landlord-tenant relationship and undermining the stability of the rental arrangement.

Urging Owners to Consider Agency Rental

In light of these challenges, property owners in Javea are urged to consider partnering with reputable rental agencies to manage their long-term rental properties. Rental agencies offer a range of services designed to streamline the rental process and protect the interests of both landlords and tenants.

The Role of Rental Agencies

By entrusting their properties to a professional agency, owners can benefit from comprehensive property management services, including marketing, tenant screening, lease negotiation, changing of utility bills, and property maintenance.

Michelle Hughes, owner of VillaMia estate agency on the Arenal, said: “I´ve owned the business for almost 13 years and we completed thousands of rental contracts over this time. Experienced agents, such as ourselves, possess the local knowledge and industry expertise needed to attract quality tenants, enforce lease agreements, and address any issues that may arise during the tenancy.

“Owners may think they are saving an agency fee but it can cost them more in the long run with the wrong type of tenants, not having the correct inventory and utiity information to charge tenant or not having the time to deal with any issues quickly that arise, resulting in tenants taking action themselves. Jenni, our rentals manager, understands the rental business inside out and has been with VillaMia for over eight years. She will ensure the process goes smoothly, along with the support of Victoria, who has been with VillaMia for over five years.

“We also have a property management team that conduct periodic property inspections and deal will all contact between landlords and tenants, offering  landlords peace of mind throughout the rental process.”

If you own a property and want to rent it out long-term to maximize the rental income, minimize risks and maintain positive relationships with tenants then please contact admin@villamia.net or call Jenni or Victoria on 96 579 4139.

VíllaMía Office