Hidden Costs of Spanish Tourist Rentals: Is It Worth the Risk?

Investing in Spanish Tourist Rentals: A Reality Check Buying a property in Spain for tourist rental seems appealing, promising high returns. However, a recent video by olga_realagent reveals a more complex picture. The video highlights significant hidden costs often overlooked by potential investors. These include agency fees, which can reach up to 40% of the rental income including VAT, as well as expenses for cleaning and linen changes. "The agency fees alone were a shock," says one investor in the video, highlighting the financial burden. Furthermore, the video points out the risk of shorter rental seasons, potentially impacting profitability. The video also touches on the potential for neighbor conflicts, adding another layer of complexity. While the allure of Spanish tourist rentals remains, the video serves as a cautionary tale, emphasizing the need for thorough research and financial planning before investing. Potential investors should carefully consider all associated costs and potential risks to ensure a successful venture.