If you are searching for information on monthly rentals in Barcelona, you may want to confirm whether this model is as flexible, practical, and appealing as it seems. Whether you are a property owner in Barcelona or in need of a rental contract that doesn’t involve long-term commitments, monthly rentals offer numerous advantages. This is especially true if you have the support of a company that specializes in monthly rental management. In this article, we address the most frequent questions about temporary rentals and explain why this option can be the perfect fit for certain tenants.
What is a Monthly Rental?
A monthly or short-term rental is an option for those who need a home for a relatively short period: anywhere from 32 days to 11 months. It is perfect for expatriates, students, or digital nomads looking for flexibility without committing to long-term contracts. Unlike holiday rentals, monthly rentals don’t require a tourism license, making them an appealing option for property owners who want a source of income without complications.
What type of tenants choose monthly rentals in Barcelona?
Monthly rental contracts are particularly popular among expats, students and digital nomads. Expats tend to be professionals temporarily relocated to Barcelona by their companies, while digital nomads are freelancers or employees who can work remotely and seek comfortable, well-connected spaces. Graduate and masters students also opt for temporary rentals since they only need housing for the duration of their studies.
What Are the Main Advantages of Monthly Rentals?
Flexible, cost-effective and with high occupancy rates, monthly renting offers many advantages for both property owners and tenants:
- Greater Flexibility: This model offers property owners the ability to regain possession of their property after 11 months, unlike long-term leases that lock them in for extended periods. It also allows owners to use their property for personal purposes during specific months of the year.
- High Profitability: Targeting a higher-income market —such as executives or digital nomads—monthly rentals often have higher prices than traditional rentals. Tenants in this group value flexibility and personalised services.
- Consistent Occupancy: Unlike holiday rentals, which may experience low demand during certain seasons, monthly rentals don’t experience this strict seasonality. This means owners can maintain stable occupancy rates throughout the year, ensuring a more reliable income.
- Less wear and tear on the property: The low turnover of tenants and the longer stays result in less wear and tear on the property compared to short-term holiday rentals.
What Are the Requirements for Renting Out Your Property on a Monthly Basis?
To rent out your property temporarily, you need to create a legally registered contract that clearly outlines the rights and obligations of both parties, as well as the reason for the rental (e.g., temporary work, studies). A tourism license is not required, making the process easier for property owners.
What is Typically Included in a Monthly Rental in Barcelona?
Most properties offered for monthly rental in Barcelona come fully furnished. Utilities, such as electricity, water, gas, and internet, are usually included. Some properties may also offer additional services, such as weekly cleaning or access to communal facilities, which add to the tenant’s experience.
How is the Price of a Monthly Rental Determined?
The cost of a monthly rental in Barcelona can vary widely based on several factors, including location, property size, available amenities, and the duration of the stay. Properties in the city centre or near popular tourist attractions typically command higher prices, while those located in neighbourhoods further from the centre are usually more affordable.
Holiday Rental vs. Monthly Rental: Which Should You Choose?
Both rental options can be profitable, but the right choice depends on your goals. Holiday rentals are ideal if you have a tourism licence and wish to rent your property for short stays (up to 31 days). However, monthly rentals are a better option if you don’t have a tourism licence and prefer longer contracts (ranging from 1 to 11 months), offering greater control over your property’s use and more consistent occupancy.
What Are the Property Owner’s Responsibilities?
Managing a monthly rental involves several important responsibilities, including ensuring the property is occupied, maintaining it, managing check-ins and check-outs, and keeping it in good condition. In the competitive Barcelona market, it is a must that your property has good visibility on digital platforms and has positive reviews to attract tenants.
What Are the Advantages of Working with a Company Specialising in Monthly Rentals in Barcelona?
Managing a monthly rental is not always an easy task. This is where specialised companies, such as Lodging Management, come in to offer comprehensive solutions. Here are some of the advantages of working with an expert in temporary rentals in Barcelona:
- Tenant Selection and Guarantees: Choosing the right tenants is an important factor in keeping your property in good condition and guaranteeing profitability. Companies like Lodging Management carefully select tenants, promising a trouble-free stay. They also provide payment guarantees, offering greater peace of mind and financial security for property owners.
- 24/7 Customer Service: These companies offer round-the-clock customer support throughout the tenant’s stay, handling any issues or questions that may arise. This allows property owners to focus on other things while the company handles daily management.
- Maintenance and Administrative Management: Property maintenance is fundamental, especially when there is tenant turnover. Specialised companies manage cleaning, maintenance, and repairs, making sure that the property is always in excellent condition for the next guests.
- High Occupancy and Profitability: With their extensive knowledge of the market and the ability to manage bookings across multiple platforms, these companies help maintain high occupancy rates. They also adjust pricing dynamically based on demand, maximising the profitability of the property. Additionally, they use advanced marketing tools, such as professional photography and 3D virtual tours, to increase the property’s visibility and appeal.
If you are looking for a hassle-free way to earn income from your property, monthly rental is a great option to consider. With more than 20 years of experience managing monthly rentals in Barcelona, Lodging Management will guide you through each step of the process, taking care of all operational, promotional, and maintenance tasks. Don’t hesitate to get in touch with us!