Maximizing Yield While Protecting Asset Value 

Managing a residential real estate investment remotely presents significant operational, legal, and administrative challenges. From maintaining a luxury home in pristine condition to navigating strict Andalusian rental decrees and non-resident tax filings, professional oversight is essential.

We provide comprehensive asset management tailored for foreign owners and private investors.

We protect your capital, optimize occupancy across prime long-term or holiday rentals, handle complex licensing requirements, and deliver transparent financial reporting so you can enjoy high net returns with total peace of mind.

Our Buy-to-Let Advisory & Management Services 

1. Regulatory Compliance & Licensing
   Audit and processing of Andalusian tourist licenses (VUT), checking urban planning status, and securing Community of Owners approvals.

2. Dynamic Yield & Revenue Management
   Professional pricing strategies, premium multi-platform exposure, and tenant screening to secure high occupancy and maximize gross yields.

3. Complete Operational Supervision
   Full key-holding, high-end guest check-ins, professional cleaning and maintenance, emergency response, and property inspections.

4. Tax & Financial Administration
   Consolidated monthly financial reporting, expense tracking, utility management, and coordination with tax advisors for quarterly non-resident filings.

Regulatory Framework: Tourist Licenses in Andalusia (VUT) 

Short-term and holiday rentals across Marbella, Málaga, and the Costa del Sol are strictly regulated under Andalusian regional decrees (Viviendas de Uso Turístico - VUT).

Before purchasing an asset or listing a property for short-term rental, three regulatory layers must be verified:

• Regional Tourist Registration (VUT): Properties rented repeatedly for short-term stays must obtain an official registration number from the Registro de Turismo de Andalucía (RTA), which must be displayed on all marketing channels.

• Community of Owners Approval: Under Spanish horizontal property law, owners' communities can vote to restrict or limit new tourist rentals within a residential building, requiring express approval before starting operations.

• Municipal Zoning Restrictions: Key cities like Málaga and Marbella enforce local urban planning rules and "saturated zones" where new tourist licenses may be restricted or require independent property access.

Tax Framework for Non-Resident Owners (IRNR) 

Understanding your tax obligations as an international owner is critical to calculating true net returns. Rental income generated in Spain by non-residents is declared via Form 210 (Modelo 210).

• EU / EEA Tax Residents (19% Net Rate):
  Owners residing in the European Union, Iceland, or Norway are taxed at 19% on net rental income. You can deduct operating expenses proportional to the rental period (e.g., mortgage interest, community fees, IBI tax, agency management fees, utilities, and property depreciation).

• Non-EU / EEA Tax Residents (24% Gross Rate):
  Owners residing outside the EU/EEA (such as the UK, US, Switzerland, or the Middle East) are taxed at a flat rate of 24% on gross rental income. Under Spanish tax law, non-EU residents are generally not permitted to deduct operational expenses, making professional structure planning crucial.

• VAT (IVA) Considerations:
  Standard residential rentals (long-term and short-term) are exempt from VAT. However, if hotel-like services are provided directly to guests (daily cleaning, front-desk services, catering), a 10% VAT applies.

• Imputed Income Tax (Unrented Periods):
  For periods when the property is reserved for private personal use and not rented out, non-resident owners pay a minor annual deemed income tax based on the property’s cadastral value (typically 1.1% to 2%).

Optimize Your Investment Returns 

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