According to a survey conducted by the American analytics and research company Harris Interactive for the French company Masteos, which, together with Toluna, specializes in rental apartment purchase consultancy, 72% of Spaniards say they are interested in investing in rental assets in this class.especially those aged 25-50. Not only is Spain the country with the most appetite in the entire European Union, but according to the survey it is the preferred choice over other investments such as savings accounts or the stock market.
The Masteos study provides: 17% already For this purpose, housing 12% more to be added in the next 12 months. Although analysis shows that 45% do not plan to make such an investment, they are “interested”, the biggest obstacle to this being the lack of financial means to do so.
The first measure in the Housing Law, which will include small owners, is the definition of the concept. Owners of at least 5 or 10 properties will be considered large property owners.a figure to be decided by each autonomous community.
Another new obligation is that the landlord will not be able to collect the property fees from the tenant. This precaution affect small owners more than large ownersThat’s because some of those with multiple apartments have their own marketing teams.
Regarding price regulation, Communities enforcing the Act and wanting stressful areas to be declared can limit rents. However, Madrid or Andalusia, which brings together a significant part of the regions that meet the criteria, have already announced that they will not do this. Catalonia can do this and the Valencian Community will depend on the ruling party after 28 May.
As they get older, homeowners may become involved extraordinary contract extensionsif the tenant is vulnerable or limits when renewing their contracts annually with inflation. In addition, until the final text of the new Law is published, changes will be made in the current tax incentive plan so that those who reduce their income can benefit.
Beatriz Toribio, chief executive of Masteos, believes the “big question” is whether the Housing Act will affect the appetite of individuals who buy rental homes: “In the area of small and medium savers it won’t be a big brake as the profitability offered by the house is high and the need to seek refuge and savings from inflation. But this raises suspicion, delays operations and is not good.”
Financing increase does not quench appetite
According to Beatriz Toribio, the customer profile that Masteos gives advice for buying a rental home is, they don’t need to apply for a mortgage formalize investment and profiles that do so despite showing very high solvency ratios.
The French company’s vice president states that “many customers come up with the idea of investing in vacation rentals” in addition to other more traditional formulas, such as traditional long-term rentals and made by rooms. . Positive investors are also increasing acquiring assets outside your habitual residenceby transferring its management to a third party.