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Make getting more rentals your New Year’s Resolution

Make getting more rentals your New Year’s Resolution

Happy New Year! We hope you had a wonderful Christmas and that you are looking forward to an excellent year ahead.

What was your New Year’s Resolution? If you own a property on the Costa del Sol, then getting more rentals in 2019 should be right there alongside going to the gym, getting a new job, or spending more time with the family.

If you are only getting a few rentals each year, that’s thousands of Euros of lost revenue which is just passing you by! There are lots of ways to generate more income from your property, whether it’s improved marketing, maintenance to make the property more attractive to your target groups, or simply better images. Download our secrets of successful rentals guide for ideas and inspiration on how you can improve your performance.

Our job as property managers is of course to take care of our clients’ properties, but increasingly the demand is more to generate rental bookings and handle them for our clients too. To make this easy for owners and rental clients, we have developed a holiday rental website where holidaymakers can browse, book and pay online. You can monitor bookings through your owners’ area and we will handle everything that the guests need to have a great holiday, without bothering you.

We have developed partnerships with travel agents and tour operators in the UK and Ireland, as well as with Europe’s largest provider of privately owned holiday homes to drive bookings to our clients’ properties. Our large team of customer service, maintenance and management experts looks after the clients so they come back for more, generating valuable repeat bookings, and you don’t have to lift a finger!

So if your New Year’s Resolution was to get more rentals this year, you know what to do! Talk to the property management experts at HomeCareontheWeb, sign up for a property and rentals management package and start earning more rental income from your property.

Promoting the Costa del Sol to boost tourism

Promoting the Costa del Sol to boost tourism

If you own a Costa del Sol property and you rely on holiday rentals to generate income, you will be pleased to hear that the local authorities are working hard to promote the Costa del Sol and expand the tourism sector. It would be easy to rest on its laurels, as one of Europe’s most popular tourist destinations, but they know that the competition from other holiday areas is fierce and they need to keep exploring different markets to remain current and keep popularity high.

Following a summer packed with attractive events to draw in tourists to the area, there were a number of high profile events in September too, which aimed to extend the traditional tourist season and appeal to a different type of traveller.

Malaga Fashion Week created the longest haute couture catwalk in Europe, by converting the important shopping street Calle Larios into a fashion mecca. The two-day event attracted designers from around the world and around 15,000 fashionistas watched the shows each day.

Gibraltar also attracted the crowds on the weekend of the 21st and 22nd of September with the MTV Gibraltar Music Festival. This amazing event brought nearly 30 music groups to Gibraltar, with internationally renowned artists such as Stormzy, Two Door Cinema Club, Rita Ora, Chase & Status, Sister Sledge, Suzi Quatro and The Boomtown Rats. This attracted lots of tourists to stay on the Western Costa del Sol, to enjoy a sunshine holiday and then take advantage of the buses to go to and fro the festival each day.

To increase tourism from the United States, Marbella Town Hall has been contacting luxury travel organizations and in September signed an agreement with Virtuoso, the largest network of luxury travel agencies in the States. This should boost the number of luxury travellers coming over with big budgets to spend. Find out more

The Andalusian Council, the Junta de Andalucia, is also looking for ways to reach new audiences and to extend the season. They have budgeted nearly €10 million to promoting and developing tourism inland, with a focus on cultural and off-peak tourism. This will be a real boost to inland areas such as our stunning white villages, which have underdeveloped tourism sectors. Find out more

The tourist boards for each area and the local Town Halls will also start the rounds of tourism fairs that promote the destination amongst tourism professionals and encourages them to send their clients to the Costa del Sol. One of the new initiatives they are preparing to present at the most important Spanish Tourism Fair in January, is a platform to help tourists visit the places where popular films and TV series have been filmed.

All of these activities will boost tourism throughout the year and help property owners benefit from the lucrative holiday rental market and earn rental income. This is where our professional property management and rentals team come in. We can take the stress out of renting out your property, market it to maximise your bookings and manage every step of the process, so you don’t have to. Get in touch with us today, if you want to rent out your property for the next season, or need some support to increase your current bookings and make it easier for you

Looking back on a fantastic summer

Looking back on a fantastic summer

It’s September, the weather is cooling down, the crowds are heading home and we’re reflecting on a great summer. 2017 was the best year yet for our property management and rental clients with more bookings than ever.

Here’s our summer in numbers –

  • We managed 3379 bookings
  • Checked in over 14,000 guests
  • Carried out more than 4,000 cleans

And we still have much more to come!

The Costa del Sol is a great year round destination and we’re seeing the an extension to the traditional high season, with more people choosing to visit in September and October when the weather is great but prices for flights and accommodation come down. There is also more interest in Christmas bookings, as people look to experience a different Christmas away from home, where a walk on the beach after your Christmas lunch is a reality.

We have over 1,000 more bookings for the rest of the year so far, and we expect to see more bookings coming in for some autumn and winter sunshine.

Are you renting out your property? Did you get as many bookings as you hoped? If you weren’t happy with the numbers of bookings, or found it hard to manage arrivals, departures and deal with problems during your guests’ stay, please contact us and find out how we can help you.

HomeCareontheWeb are property managers with over a decade of experience on the Costa del Sol and we know all the secrets of successful rentals. We have a large team on the ground looking after properties, as well as marketing experts promoting the properties to boost rentals. We can deal with any problem and maximise every opportunity, so trust in us to take care of your property while generating you income. Find out more about our property management and maintenance services on our website, or contact us for a quote.

Rental returns for Costa del Sol properties

Rental returns for Costa del Sol properties

Spain is a very popular destination for expats to buy investment properties, second homes, or as a place to retire, with 35% of buyers considering buying in Spain according to an article in The Telegraph. In the same report, it states that these properties can be an excellent source of income due its popularity as a holiday destination and growing interest in holiday rental properties.

The Costa del Sol, has a thriving rental market, with high rental yields for both long term and short term lets. As we reported in our last blog, long-term rentals can be an excellent choice for landlords, as a stable, secure and stress free way to generate income from your property.

A new study has shown that long-term rentals in coastal areas, particularly on the first or second line of the beach offer 5.67% rental yields – up from 5.37% in 2016 and well above the 4.3% national average. The main reason for this increase in prices is lack of supply, as property owners in these prime beachfront properties choose short-term holiday lets over long-term rentals, yet demand continues to increase. Read the full article

Property owners can get seduced by the higher per week revenue from a holiday rental, without looking at the annual yields. Typically, a property would rent short term in peak summer and Easter for the same for one week, as one month for a long term, but properties are often empty when renting out short term.

Occupancy depends on the quality of the property, the area and the marketing, but regular rentals are normally only seen in Easter and from June to the end of August, so even at full capacity over those months you would only be looking at 13 weeks of rentals. Of course, it is rare to be fully booked every week, so usually you would count on perhaps 10 weeks per year.

With long-term rentals, demand is high and people stay in a property for many years if they are happy and well looked after, marketing is easier and so the annual return is often higher and the costs of management are lower. Owners who are renting long-term also do not have to worry about the new holiday rental legislation, so it’s an easier process all round.

Long-term rentals is not for everyone, as if you want to use the property in the low season, then holiday rentals is a better option. However, if you have your property as an investment it is a very appealing option to consider.

Please contact us and we can evaluate your property and estimate the rental yields from short and long-term rentals and help you decide the best course of action for you. We have also created two free guides – Secrets of Successful Rentals and Home Owners Tips for Long Term Rentals which you can download and will help you to make up your mind.

As Costa del Sol Property Management experts, we also manage the property, market it and handle all the tenants and any issues they may have, so you can just relax, knowing it is in safe hands.

2017 promises to be a good year for Spain

Property Management 2017

Happy New Year to all our property management clients and anyone who owns a property on the Costa del Sol! We hope you all had an excellent Christmas and New Year and are feeling positive about 2017. All the signs are that 2017 is going to be a great year for Spain, the economy, tourism and the property market. This means that your property will be increasing in value and there are excellent opportunities to make money from short term holiday rentals for tourists and long term rentals to the thousands of people arriving here for a better life each year.

Last November, Spain’s economy minister upped growth predictions for 2017, saying that they predict the economy will grow 2.3% and that 500,000 new jobs will be created. After a long period of uncertainty, a government was voted in with the experienced Rajoy at the helm and things can now settle down politically, which should boost growth.

2016 was a great year for the Spanish property market, with consistent increases in home sales, a 2.6% increase in house prices overall and even stronger increases on the coast and in the luxury sector. 2017 is expected to see a 5% increase in house prices and stable growth predicted until the end of the decade, so owning a property on the Costa del Sol is highly desirable once more.

To maximise returns, while property prices continue to rise, renting out your Costa del Sol property is a great option. 2015 and 2016 were record years for tourism, with the great year continuing into October with an 11% increase in tourism from abroad during that month. There was also an increase in spending and Brexit did not seem to have much of an impact, with 6% more visitors from the UK in October than the same month is 2015. The Costa del Sol has seen a big increase too, with traffic to Malaga airport increasing by 15.1% in the first ten months of 2016 and welcoming their 15 millionth passenger of the year in November – the first time this amount has ever been reached in a single year.

Expectations are that with the popularity of Spain as a tourist destination, the good infrastructure and the continued insecurity in other parts of the world, that 2017 will be another bumper year for Spanish tourism. If last year is anything to go by, hotel occupancy will be very high once more and the demand for holiday rental properties will continue to rise, both due to shortage of hotel rooms and demand for greater flexibility from accommodation.

This means there’s never been a better time to rent out your property, and we can help you to do it. Our Costa del Sol property management specialists can take care of your property and get it ready for rentals, and our marketing team can find short or long term clients for you. We will communicate regularly and set up an online account, so you can know what’s happening with your property when and where it suits you. We will handle deposits, payments, keys, maintenance and handle any problems for you and you will see the funds coming into your bank account each time we rent the property for you.

If that sounds good to you, we are particularly looking for villas with pools and centrally located properties in desirable areas such as Marbella, San Pedro and Fuengirola. Please contact us if you have a property that would fit the bill and let’s make 2017 a profitable year for you.

Make Your Property Appeal to – Groups

Costa del Sol Villa for Group

Large Costa del Sol villas, or properties with outbuildings and separate staff quarters are very popular with groups, as they can have their own personal space, amazing communal areas and can split the cost of a luxury villa to make it more affordable. However, many landlords are wary about groups, so it’s a case of deciding what groups you want, how you will cater for them and how you will safeguard your property.

There are a few different types of groups that we commonly have enquire, large families, weddings and younger groups celebrating birthdays, parties or hen and stag parties.

Families want playrooms and toys for the kids, safe pools, gardens, good kitchens with kiddie friendly cups, plates and cutlery and air-conditioned rooms where they know the kids will be safe and comfortable. They tend to spend more time at the villa, so leisure facilities like a pool table, computer games or a games room is also a real bonus. It’s great if you have separated living spaces so a large family made up of several groups can have some privacy, so annexes or basement “flats” are popular.

Wedding parties want large gardens where they can do the ceremony, large terraces or garden space for the wedding breakfast/evening meal and a big kitchen for the caterers. They also want as many rooms as possible so the wedding party can stay together, including a beautiful master bedroom for the happy couple.

Younger groups want great pools and leisure facilities, so games rooms, pool tables, BBQ areas and chill out zones are popular, as is a good sound system. They are interested in proximity to bars, restaurants and nightclubs.

It is true that groups are harder on the property than smaller parties, but if you have a very large property and want high occupancy, it’s something you should consider. Decide which groups you prefer and cater to their needs, then protect yourself by removing valuable items, covering favourite sofas with a throw and decluttering to make it easier for the groups to avoid damaging anything unintentionally. Also make sure you have the right insurance, so you know you are protected.

Speak to us about what our rental clients want and how we can help you cater for them whilst safeguarding your property and fixing any damages which may occur. Our property management and maintenance teams are here on the Costa del Sol to help with everything and to support you to maximise the income you can get from the property. Find out more about renting out your property on our website.

The Spanish Property Market Continues to Grow

spanish real estate growthHomeowners in Spain have finally started hearing good news over the last six months, with property purchases increasing in volume and slowly but surely property prices on the rise. In the most popular areas, prices have been rising for some time and the rest of Spain is now catching up, with a lot of buyer interest from purchasers around the world.

Many research bodies and official organizations are hailing Spain as a great place to invest, with the IMF praising it for its economic recovery and the Organisation for Economic Development saying that it has one of the most undervalued housing markets in the world. Not surprisingly, this is getting even more people interested in the area.

The start of this year has been brilliant, with 34,771 property transactions being made in February alone, the highest for three years, and an increase of nearly 16% from the same time last year. Find out more here. Predictions are that both the volume of sales and the prices will continue to increase throughout the year.

Property owners who have weathered the financial crisis by renting out their property either short or long term are now in a great position, with record tourist numbers demanding quality holiday rentals, more people than ever looking for long term rentals and the value of their property increasing all the time.

If you haven’t been renting out your property so far, or feel that you could be getting more rentals for your property, then contact us to find out what you could earn. With quality property management services from HomeCareontheWeb you can enjoy all the benefits of renting out your property, without the hassle.

As you may know, there is a new rental law which will come into force on May 12th to regulate the rental of private homes to tourists. We are monitoring this situation carefully and have been calling the different bodies responsible to clarify what are owners have to do. HomeCareontheWeb will be able to register properties on behalf of our clients so that we can legally rent out their property. It seems that the requirements that the property must meet are relatively simple and will probably be in place for a quality property managed by a company such as ours, so please don’t worry. We can do everything for you to make sure you are registered and comply.

To help all owners in Andalucia we are writing regular articles about this law, here is the most recent update and you can browse our other two posts to give you a good understanding of the regulations.

If you have any further questions or want us to register your property on your behalf please contact us by emailing info@homecareontheweb.com or calling 00 34 952 83 95 95. We are here to help!

Preparing your Property for 2016

Preparing your Property for 2016According to the Guardian, and many other sources, Spain is due for another record breaking year in 2016, after the best year yet in 2015. Summer 2015 was amazing, with September also breaking records with a 3.6% increase on visitors through Malaga airport even off peak. Our holiday rental division had an increase of 18% compared to 2014, welcoming over 10,000 guests. But of course we want our clients to have even more rentals, so it’s brilliant to think that even more tourists are due to come to Spain this year.

The Guardian predicts that Spain will be the top destination for both Britons and Russians who are wary of Egypt and other, once popular, holiday hot spots due to the instability and terror attacks. Rather than decide not to travel at all in the face of these troubles, people seem to be determined to get their week in the sun, but are choosing safe places such as the Costa del Sol.

TravelSupermarket.com have reported that a third of searches on their site are for Spain and ABTA (the Association of British Travel Agents) claimed that Spain is set for a bumper year, with bookings for summer 2016 way ahead of previous years. Read the full article

In order to make the most of this fantastic increase in tourism, make sure that your property is looking good after the winter and that the photos that you have represent it in the best light. If it’s looking a little tired, a new coat of paint and some new linen, upholstery, soft furnishings and accessories can make a massive difference. Our trustworthy and professional team of property maintenance experts can get your property looking a million dollars, quickly and for less than you may think. For a limited time only, we’re offering special prices starting from 675€ to put a coat of paint on all the walls in your apartment. So take a critical look at your property before the peak season begins and let us help you to improve it, contact us for a quote.

When you’re preparing you property, remember that the hottest July on record threw everything into chaos last year and don’t get caught out without fans or working air-con before the hot weather arrives. Ensure the property is properly aired, heated and cleaned if it’s been empty for some time and that you wash linen which may be musty after a winter stored away. To find out more check out our tips for getting more rentals

Summer may feel like a long time away, but bear in mind that Easter is the official start of the peak season, and it’s really early this year – starting on 20th March! So we recommend that you get work done this month, so you can take new pictures and let us start marketing ready for the start of the season.

If you trust in HomeCareontheWeb to handle your rentals, we can take care of everything. As property management and maintenance specialists with over ten years of experience on the Costa del Sol, you know that your property is in safe hands. We have a dedicated rental department with powerful partnerships with holiday rental giant Novasol and so we can make sure your property gets noticed and handle all aspects of the bookings, so you can simply enjoy the rental income rolling in. We look forward to helping you to get more rentals this year!

27 Million Tourists Predicted in Andalucia in 2016

27 Million Tourists Predicted in Andalucia in 2016Last month at Madrid’s International Tourism Fair (FITUR) Andalucia was well and truly in the spotlight, with announcements being made that 27 million tourists would visit the area this year, matching or exceeding the record breaking 2015. The Costa del Sol was acknowledged as “the jewel in the crown of Andalusian tourism”, as the combination of sun, sea and sand is what 70% of visitors are looking for. At this meeting several initiatives were announced to boost the tourism industry even further, including a sustainable tourism plan and setting up an alliance for the tourism industry. Read more

The Association of British Travel Agents (ABTA) also predicted a bumper year for Spain in their 2016 Travel Trends Report, with early bookings at the end of 2015 already showing an increase in popularity for the region.  Find out more

All this is great news for anyone working in the tourism sector and property owners who rent out their homes during the peak season to holiday makers.

Don’t miss out on this potential rental income because you think that renting out your property is too difficult or stressful. Relying on property management and rental experts with years of experience and a big team behind them means that you can relax knowing that everything is taken care of. Your management company will take a deposit and inspect the property at the beginning and end of the guest’s stay to make sure everything is in great condition and should any work be needed their maintenance team can sort it out without you even being in the country.

HomeCareontheWeb has been running a property management, maintenance and rentals company on the Costa del Sol for more than a decade. Our large multi-lingual team includes people dedicated to customer service, cleaning, maintenance and marketing, to take care of all the aspects of this demanding sector and delight your guests without bothering you. We have an online Owners’ Area so you can check bookings, log maintenance requests, book out dates in your calendar and contact us wherever you are, so everything is transparent, easy and stress-free.

Please contact us to discuss our property management services and how we can help you make money from some of the 27 million tourists due to arrive in Andalucia this year.

Make it your New Year’s Resolution to get more rentals!

Make it your New Year's Resolution to get more rentals Happy New Year from all the team at HomeCareontheWeb! We hope that you all had a wonderful Christmas and that 2016 is going to be a brilliant year for you.

We’re expecting another fantastic year for tourism as the global economy improves and we’re looking forward to lots of new arrivals and increasing demand for holiday rentals on the Costa del Sol. After 12 successful years of providing professional property management services, our New Year’s Resolution is to continue to expand and help more people to make money from their Costa del Sol property. What’s yours?

Do you want to start renting out your property short or long term, or do you want to increase your occupancy rates? If you want to rent your property without the stress, we can help!

We have a really useful guide with the Secrets of Successful Rentals which you can download on our website to get you on the right track. To make it even easier here are 5 tips to help you achieve your goals in 2016.

  1. Invest in marketing– Your property needs to be easy to find for potential tenants online and offline so you need to aim for maximum exposure and the widest reach possible.
  2. Think carefully about your target market and prepare your property accordingly– If you have a family friendly property, then spend some time and money on setting the place up for their needs. A high-chair, travel cot and some baby bits and bobs are so helpful for a family and are a real selling point, as well as attracting loyal, repeat bookings.
  3. Ensure your property is great all year round– If you want to break out of the seasonal booking trap or rent your property long term you need to think about heating and cooling the property effectively to make it a nice place to be whatever the weather. An open fire is a great selling point, but a wood burner is even better as it’s a brilliant source of heat in the winter. For cooling think about ceiling fans in the bedrooms, they are great for making sleeping more comfortable and don’t require as much electricity as air conditioning. Hot and cold air conditioning units are very useful but expensive, so oil filled radiators are cost effective heating options.
  4. Make it easy for people to book– Ensure that people can book quickly, easily and securely, ideally online, so that you can convert an enquirer into a paying customer as quickly as possible.
  5. Offer support and help before, during and after their stay– It’s essential to be able to respond to questions and help clients get ready for their stay and then have someone on the ground to give keys, deal with any issues during their visit and do an inspection at the end in order to refund their deposit. The better you treat the tenant, the happier they will be, the more recommendations you will get and the more repeat bookings you will achieve.

We wish you every success in 2016 with renting out your property and hope that it is a happy and profitable year for you. For more great tips like this, download our free guide, or contact us today to get our expert advice.

HomeCareontheWeb has been taking care of Costa del Sol properties for owners for more than 12 years. We have over 500 properties, tried and tested procedures and professional bilingual staff which will ensure that your property is carefully taken care of whilst maximising rental income for you. We look forward to hearing from you.

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