Rental guide

The keys to your new home are waiting for you at Bcn Advisors

RENT IN BARCELONA

Bcn Advisors provides this detailed guide to clarify any possible doubt regarding the process of renting a property in Barcelona. This information should help make your rental experience easy and successful. Please feel free to contact us through our website www.bcn-advisors.com for any further information and/or assistance.

The steps to follow

1. Getting Ready

Having all the necessary documentation before you find the ideal property is essential. In addition to your NIE/DNI/Passport and a Spanish Bank Account adequately funded to cover all the expenses, you will need:

If you work for a company:

Employment contract.
Last two payslips.
Last tax return
Property Note (Nota Simple de Inmuebles), in case you own a property (optional)

If you are self-employed:

Last income tax return
Additional documentation: latest statement of quarterly tax return
Property Note (Nota Simple de Inmuebles), in case you own a property (optional)

If you own a business:

Corporate Tax Statement
Company status
Document that links you to the company
Last tax return

If the property is being rented by a company:

Corporate Tax Statement
Company status
Document that links you to the company
Last income tax return of the employee (only in specific cases)

If you are an international client:

Last income tax return in the country of residence
Additional documentation to prove your solvency (to be specified on a case-by-case basis)

2. Search

Defining your needs and initially communicating them to your Bcn Advisors agent will help us be more effective in your search. The type of property you’re interested in, your budget, number of rooms and location are some of the features that must be defined previously to ensure the success of the searching process. Our specialized agents will help you throughout the rental process.

3. Visits

Properties that match your requirements are available on our portal. You can also contact our agents and they will schedule and coordinate viewings of your future ideal home. Our agents offer customer-specific attention and send you the rental options that best match your needs, until you find the property you are looking for.

4. Reservation Payment

Once you select a rental property and agree on the rental conditions (entry date, price and deposit), you need to make a deposit payment. This amount is equivalent to one month of the annual rent, which will be deducted from your dues to the owner or from the agency fees. You may also make a pre-reservation payment effective from the time of the visit to hold the property in your name and have it withdrawn from the market.

5. Signing the contract

What will you need?: All the previously mentioned documentation.

Personal documentation: NIE/ DNI or Passport.

References: Bcn Advisors usually requests references that qualify the financial situation of the tenant and show his capacity to cover the stipulated expenses. For example: employment contract, payroll, income tax return, etc….

Deposit : The rental agreement includes a deposit clause: this states a specific amount that must be paid to the owner as a guarantee that the property is returned in its initial rental condition upon expiration of the rental contract. This deposit would be used to cover the cost to repair any possible damage or flaw in the property.

Bank guarantee: Some owners request the tenant to provide bank guarantee in case of non-payment of the rent.

Contract: Bcn Advisors only works with two types of contract:

Temporary rental contracts (from three to eleven months).
Long-term rental contracts (from 1 to up to 5 years, or 7 years in case of business rentals- the first year of rent being mandatory).

Bcn Advisors’ fees are 10% of the annual income + VAT due upon signing the rental contract.