In recent years, the percentage of homeowners has decreased. More people in Spain are turning toward renting homes opposed to buying them. In fact, by 2019, almost 20% of residents in Spain were living in rental homes.
As a result of this increased demand, the price of rental homes has increased as well. As lifestyles shift to prefer renting out homes, it is incredibly valuable to own and rent out a home. Both long term rentals and short-term rentals for tourists provide a solid and steady source of income for home owners in Spain.
If you are a homeowner and looking to rent out your home in Menorca, we can help you manage it! We take care of maintenance, customer service, check in, and many other of the difficult aspects of renting out your home. This way you can get the benefits of renting out your home without the extra work.
For more information, visit villasdemenorca.com