tylfe says – Stay Protected This Summer!
Tlyfe says – Summer is right around the corner, and we can already feel the excitement building up! As you gear up for the sun-soaked adventures and unforgettable memories, we want to make sure you’re all set to have a worry-free summer. That’s why we’re here to remind you about the incredible importance of Tenant’s Insurance and how you can quickly sign up through our tlyfe app.
Why Tenant’s Insurance is the Coolest Thing for Your Summer:
Let Go of Worries: Summer should be all about fun and relaxation, not fretting over potential mishaps. Tenant’s Insurance has got your back in case of unforeseen events, like accidental damages or theft. So, you can dive into the season with total peace of mind!
Chill with Coverage: Picture this – a backyard BBQ, great company, and good times. But what if something goes awry, like someone getting injured on your property? Tenant’s Insurance offers occupiers’ liability to protect you from those unexpected hiccups and legal headaches.
Travel with Confidence: Planning a summer getaway? Tenant’s Insurance can still keep you covered. If your rented place suffers damage while you’re away, this super policy can help with temporary living expenses. Jet off without worries and have a blast!
Party On: Throwing a sizzling summer bash? Tenant’s Insurance can be your secret weapon. Enjoy the company of friends, crank up the music, and dance the night away, knowing you’re protected from potential accidents with optional accidental damage cover, both for your items and for the Landlords fixtures and fittings!
Here’s How to Rock Your Summer with Tenant’s Insurance through the tlyfe App:
• Fire up the tlyfe app and log in to your account.
• Slide into the “Insurance” section in the main menu (can’t miss it!).
• Follow the instructions and let the magic happen – get your personalized quote in seconds!
• Discover the coverage options available, and choose the one that suits your sunny needs.
Ready to ride the wave of protection? Complete the hassle-free application process, and bam! You’re officially covered with Tenant’s Insurance! Don’t let summer sneak up on you unprotected! Surf the season with confidence and secure your Tenant’s Insurance now via the tlyfe app.
Got questions or need a lifeguard? Our support team is just a wave away! Feel free to reach out anytime – we’ve got your back! Get stoked for an incredible summer filled with epic moments and unforgettable experiences – all backed by the security of Tenant’s Insurance! Stay awesome and soak up the sun responsibly!
Cheers, the tlyfe squad, and remember the Summer’s heating up, and so are our sign-up numbers! Don’t miss the chance to grab your Tenant’s Insurance through our app. Protect yourself and your summer adventures right away!
Moving to Spain – all you need to know
The experts at Moving to Spain have outlined everything you need to know about Spain’s new Housing law – From rental prices in stressed areas to tax incentives for landlords.
6 facts about the 2023 Spanish Housing Law
- Rental Prices will be regulated: rental prices in stressed areas will be regulated based on criteria like the consumer index (CPI) and income allocation towards rent. In these designated areas, price limitations on leases vary depending on the number of properties owned by the landlord
- Introduction of a rent control index: from 2025, a rent control index will replace inflation as the basis for limiting annual rent increases. However, there is a temporary cap on rental increases tied to the CPI until then. As a renter, this will benefit you as the prices won’t exponentially increase year after year.
- Agency fees are now paid by landlords: Good news for tenants! Landlords are now responsible for paying agency fees, which can help reduce the financial burden when renting a property. Previously, agency fees in Spain often amounted to one month’s rent or more.
- Mandatory date and time for evictions: evictions without a predetermined date and time will be prohibited. The law includes new extensions and mandatory access to out-of-court settlement procedures for vulnerable tenants.
- IBI tax penalties for empty flats: the law allows municipalities to impose financial penalties on property owners who keep their property unoccupied for extended periods. Such penalties will be imposed in the form of surcharges on the real estate tax (IBI). This law is imposed to encourage owners to make their properties available for rent.
- Tax Incentives for landlords: from January 1, 2024, landlords may benefit from tax incentives, such as deductions on rental income. In designated stressed areas, this deduction is up to 50 percent. Deductions of up to 70 percent are available if a new home is rented to individuals aged 18 to 35, aiming to promote affordable housing options.
Requirements for renting a property in Spain:
- The rental contract will be a six month minimum. However, most contracts are longer – usually one or two years.
- You have to pay a security deposit. This would be an amount equivalent to 1 to 2 months’s total rent.
- You need proof of your income. The landlord might ask for a document that proves you have a minimum monthly income that will allow you to pay the monthly rent without any problems.
- You need documentation proving that you can rent in Spain. Some landlords are more flexible than others,but the most common documents are: a NIE, which is an ID assigned to every foreign resident of Spain; an employment contract or study certificate, and/or references from third parties.
Alison Johnson, owner of Moving to Spain has commented on the requirements for renting a property in Spain, as well as common rental scams to be aware of and how to avoid them.
“Finding an apartment to rent in Spain can leave you feeling frazzled – and even more so if you are an expat and you have just arrived in the country. Between all the documents, processes, and conditions, finding somewhere to live can be a challenge. As such, we have put together a small guide to help you with everything you need to know about how to rent in Spain as an expat – and get a fair contract.”
Andrew Stanton is the founder and CEO of Proptech-PR, a consultancy for Founders of Proptechs looking to grow and exit, using his influence from decades of industry experience. Separately he is a consultant to some of the biggest names in global real estate, advising on sales and acquisitions, market positioning, and operations. He is also the founder and editor of Proptech-X Proptech & Property News, where his insights, connections and detailed analysis and commentary on proptech and real estate are second to none.