So it's either up to 11 months, or 5 years?
In theory, yes. However, we can insert various clauses in the rental contract to compel the tenant to comply with the agreement at the end of the prearranged period, and not just stay put for 5 years. One of the most important aspects of this is the Aval Bancario. This issue is not relevant for rentals of less than 11 months.
How much would I need to pay?
Casamona’s agency fee for rental properties is one month’s rent + IVA (18%).
You will also need to pay the security deposit to the owner; generally this is 2 month’s rent but depending on the owner and the property, it could actually be anywhere between 1-3 month’s rent. An Aval Bancario may also be required (explained in the section ‘What is an Aval Bancario?)
You would also need to pay the first month’s rent up front.











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