Rental Management in Spain
85% of Flat Owners in Europe already have their Rental Manager*
*Source: Daily Mail UK
Why will it be? The most voted answer in our owner surveys is “I prefer that my assets be managed by a specialized company” with more than 95% of votes.
For owners like
Take a quick look at who we’re talking to
Private owners
You have bought an apartment with your savings to obtain an extra income through rent
Inheritance Floor(s)
If you have inherited an old flat and want to obtain additional income by putting it up for rent
or Properties made up of
One or two properties, from flats, premises or offices. And you want a professional company to manage it
If you fall into one of these categories, this information is for you.
In the event that your property is made up of extensive properties, I recommend that you visit the Property Management services. If you are part of a Property Company you can visit Management of Property Companies, or you belong to the team of a developer you can visit the Built To Rent Management service.
Our rental management with the owners works even if…
If you have little time to dedicate to the operational management of your properties.- If you do not have knowledge about how the rental works, and its legal and administrative implications
- If you live outside of Spain and even pay taxes outside of Spain
- If they need full or partial management
- If they want to remain anonymous with the tenant
WE INTRODUCE YOU
INTEGRAL MANAGEMENT OF RENTALS IN SPAIN
What makes iSol Rental Management different?
The service we offer to our clients, with whom we have been working for even 50 years. The service that allows you to professionalize the management of your property, free yourself from time and centralize all the procedures. A service increasingly demanded by the owners.
Manager = Sole Interlocutor
As the owner, your only interlocutor will be your manager, iSol Business, in turn with a manager assigned to your property. He will be in charge of centralizing all operations and communications in a single channel, and resolving any of them.
Just to make decisions
Do not forget that you do not stop being the owner at any time. We’ll only bother you when we feel a decision needs to be made, like mostly giving a thumbs up to something. The rest is up to us. And you can call us whenever you want, of course!
Step-by-Step Personal Manager
Throughout the process, your assigned personal manager will tell you the steps we are taking, and when the next ones will be. So you can be informed throughout the process. During decision making we will give you our professional opinion to help you.
Our unique method for managing real estate properties is based on the application of experience, economic stability and our own monitored control systems.
The property of our clients is managed by an elite team of professionals in property management and the Real Estate Market, it is a unique rental management with proven results.
“The result of our work is the peace of mind that our clients’ properties will be managed by professionals, increasing the satisfaction of both property and tenants, improving time for personal matters and having assets constantly updated. “
Francisco Javier Fernández
iSol Business CEO
Tell me if this sounds familiar…
For years you have been managing the rentals yourself, until it has become part of your daily tasks.
Perhaps you have had doubts or googled some questions that have left you with the feeling that something else is still missing to be able to do it correctly.
You have been the victim of a bad tenant…
and it has filled your inbox with emails and missed calls, right? Do not despair, that goes in people.
Incidents, suppliers, delays, coordination between the parties, late payments… this is what has led 95% to manage it with iSol.
Change your mindset
All this situation has led you to be on this website, analyzing what a rental manager gives you.
That is the real reason why, until now, you have not advanced and achieved what you want.
Change your way of thinking and leave behind the potholes that you have found throughout the process.
Have you seen us at…
Ingredients that make Our Rental Management Unique
Frequently, the mistaken idea is spread that the work of lease management companies is reduced to payments and collections, this thought tends to overlook the most important thing: all the points that iSol develops during the process.
Our lease management are UNIQUE projects, personalized and developed from scratch: A unique one with which our clients empathize with our team, have a personal initiation call, to trace the first steps, and periodic follow-up calls, always accompanied by a team of professionals.
These are the aspects that we develop:
BEFORE YOU HAVE THE PERFECT TENANT
Previous analysis
A person from our team travels to the property and assesses the location, the condition of the property, the target income and collected so far.
Status check
A checker reviews the house and the building to verify the initial state. Installations, furniture, damage, ….
Income Simulation
We make an alternative proposal according to the characteristics of the property and the availability of the property.
Commercialization
Appropriate channel for the dissemination of the property, in search of potential tenants who guarantee the desired income in the proposed business model.
TENANT SELECTION
Choose Ideal Tenant
iSol in integral administration of leases we analyze each candidate performing an exhaustive analysis of their economic solvency.
Formalization of Contract
Our legal team is in charge of drafting the contract, under the umbrella of the Urban Leasing Law.
High Supplies
Status of supplies, registration and change of ownership of supply companies. Payment management and repercussion
Security deposit
Management of the deposit of the securities in the AVSCAM (formerly IVIMA) for each of the rental contracts and return of the deposit. Guarantee management.
Delivery of keys
We coordinate with the tenant the collection of the keys and the entrance to the house, thus starting the rental contract.
Collection Guarantee
It is essential that the manager has the necessary tools to be able to guarantee the rent, even if the tenant does not pay.
… AND ONCE WE HAVE ALREADY RENTED IT
Rental Collection Management
We manage the collections of each one of the tenants, we verify the status of the accounts and the correspondence of the consumptions.
Issuance of Rental Receipts
Monthly, all rental settlements are issued. Our team carefully keeps all the notes of expenses and income.
Property Maintenance Management
We have a maintenance and works team, with high resolution capacity. We take care of validating the state of the property.
Management of property incidents
Single channel for incidents to be able to filter and assign it to a manager, so that they can open a file and/or resolve it as soon as possible.
Rent Updates
Continuous monitoring of the market, and the rents are updated to the market when possible.
Contract resolution
We verify the delivery status, the keys are collected and the deposit is returned to the tenant if applicable.
Our experience has helped us to have the best agreements with insurers
SAFE RENTAL
If what you are looking for is to collect a guaranteed rent, contact us to know the conditions. It’s not always necessary, but who knows?
Are you interested?
Just in case you have any questions, we tell you the steps to follow so that we can manage your rentals.
Call us, explain your situation and listen to one of our experts
We are all EARS to listen to you.
Then we take over and a professional from iSol Business will explain the quality and scope of our work.
Most of the managers talk to you about guaranteeing the rent, but they do not talk about the quality of their work. Using the fear of non-payment seems like a game and it is not.
Makes sense, right?
Well, we will NOT talk to you ONLY about that
Hiding the difficult work is very easy, but we will explain it to you from the beginning
Solution:
Have a qualified team with a lot of experience and reach of a call for what you need
It seems simple, right?
We make it happen
“Today, just a year ago I contacted iSol, specifically with Javier in which he explained to me how they would manage my 2 flats. I explained to him that I hired an agent who guaranteed me the rent and they hadn’t paid me for 2 months, 12 months later, I have the stability I was looking for with you, thanks.“
Amparo San Mateo
Businesswoman and owner of 2 flats
Solve any doubts you have by phone and sign the contract
It is important to delve into the scope of work and determine the quality of a team’s work before hiring them
In iSol during the first call, a manager will explain how we work, the ability to adapt to each lessor and how far our management goes (actually from start to finish)
We like to understand the situation of each client
Don’t make the mistake of only listening to a single manager,
It’s like going to the casino and betting all your money on one number.
What is the problem?
Trusting your property in a company is not easy, I will give you 3 elements that you should look at: experience, years managing assets, and follow-up that the first person who attends you gives you, if they do not follow up on your request, will they give it to your heritage?
Fortunately, with the right manager you can ignore the management of your property and your manager will take care of 99% of the issues.
“In just three months working with you, you already realize the confidence that inspires you. It cost me a lot to know who to work with, but I hit the nail on the head.“
Miguel Ayuste,
Musician and owner of a flat
You will receive an initial call and we will need some documentation to rent your property
It doesn’t make sense to dedicate the same effort to a flat that generates 600 euros per month as one that generates 5,000 euros per month, right?
Yes, and we do
We invest the same resources for any asset, we have a regulated and automated process that allows us to create an independent vehicle for each property
And is that better or worse?
The answer is that by having everything regulated, absolutely nothing escapes us.
We will assign you 2 personalized Senior managers, so that you can have them as a reference, one main and one for coverage.
Your main manager will need a series of documentation in relation to your property, he or she will ask you for them
“Taking a few hours from here and there, I managed my 2 apartments myself, but when I complete 12 months with you you realize how much time I was wasting, and not only because of time but because I was letting a lot of things go by that I thought they were well done.“
Juan Bermúdez,
Administrative and heir to 6 flats and a local
In which locations do we do Rental Management in Spain?
We not only do property management in Madrid, but also…
iSol Business was born in 1972 in Puerta del Sol in Madrid, and as usual it has been growing little by little. Currently we not only manage flats, but we also manage any type of property and we manage properties in the main cities of Spain.
- Albacete
- Alicante
- Almería
- Ávila
- Badajoz
- Bilbao
- Barcelona
- Burgos
- Cáceres
- Cádiz
- Castellón
- Ciudad Real
- Córdoba
- Cuenca
- Gerona
- Granada
- Guadalajara
- Huelva
- Huesca
- Jaén
- La Coruña
- Las Palmas
- León
- Lérida
- Logroño
- Lugo
- Madrid
- Málaga
- Murcia
- Orense
- Oviedo
- Palencia
- Mallorca
- Pamplona
- Pontevedra
- Salamanca
- San Sebastián
- Santander
- Segovia
- Sevilla
- Soria
- Tenerife
- Tarragona
- Teruel
- Toledo
- Valencia
- Valladolid
- Vitoria
- Zamora
- Zaragoza
Right now you have 2 options
Try to manage it on your own
There are a lot of people trying to learn about rental management on their own, looking for information on forums and blogs.
And worst of all?
Good Option: Transfer the management to a specialized company to achieve success with your properties
Our management is designed with the aim of:
MAXIMILIANO GARCIA
Grupo Promoso CEO
“Impeccable, your day-to-day management work is excellent! Incident resolution is essential! Totally advisable if you want to have a well-managed property!”
Make sure that Rental Management is suitable for your property
If you are ready to generate the stability that your property needs month after month, click on the button and complete the form.
Join the iSol family and start getting stability with your rent
Look at the benefits and click on the GREEN button that says “Yes, it fits me”
Always advised, but ONLY pay while rented
We have even prepared an automatic payment plan for our real estate rental agency fees, which will be deducted as an additional expense from the rent receipt.
Cost of integral rental management in Spain
Housing Rental Management Price
- Housing analysis
- Conservation Status Check
- Income Simulation Proposal
- Commercialization
- Tenant Solvency Analysis
- Drafting and Formalization of Contract
- Change or Registration of Supplies
- Security Deposit
- Custody and delivery and collection of keys
- Insurance Management
- Issuance of rental receipts
- Maintenance management
- Management of Incidents and Queries
- Rent Updates
7% real value
4%
of rentals
Honorarios Gestión Alquiler Locales Comerciales
- Housing analysis
- Conservation Status Check
- Income Simulation Proposal
- Commercialization
- Tenant Solvency Analysis
- Drafting and Formalization of Contract
- Change or Registration of Supplies
- Security Deposit
- Custody and delivery and collection of keys
- Insurance Management
- Issuance of rental receipts
- Maintenance management
- Management of Incidents and Queries
- Rent Updates
- Issuance of invoices with VAT
- VAT Book Management
- Quarterly and annual VAT presentation
8% real value
5%
of rentals
In iSol Business everything is profit, it does not imply any risk for you.
Frequently Asked Questions about Rental Management in Spain
How is the Energy Certificate made for the rental flats that you manage?
Yes, our technical team carries out the mandatory energy certificate.
How do you carry out the solvency study of potential tenants?
Yes, the economic solvency of each tenant and their ability to respond financially are analyzed, as well as the veracity of the documentation provided.
How do they market for renters?
Yes, we market all the properties we manage.
Do you advise on investment?
Yes, both at the level of small and large investments. We structure the operation from the beginning to its execution, making an estimate of income and expenses throughout the acquisition process until its start-up. You can see it in the section of the top menu of «Investment»
Management of heritage companies, community property, etc?
Yes, as long as the activity refers to real estate rentals. You can see it in the section of the top menu of “Management of property companies”
Do you carry out repair works?
Yes, we have a technical team to carry out maintenance and repairs, as well as architects to carry out projects and license procedures.
Do you provide a summary of income and expenses for the income statement?
Yes, a summary of all income and expenses for the year is sent.
How do you update the rent to IPC annually?
Yes, we notify the tenant of said update, one month in advance.
What is the price for managing a large estate?
For large budgets you should contact our team. However, you can see the page of the menu of «Management of companies» or «Management of properties»
How do you optimize the performance of the house?
We are in constant contact with the evolution of the market, if there is a possibility to optimize performance, we will make a proposal to the property.
Do you perform alternative rental management? As it can be for rooms or corporate rental
Occasionally this may be the case, we recommend that you contact our team.
Do you carry out tourist rental management?
No
How do you manage incidents?
We initiate a file opening that is attributed to a team until its resolution, informing the property of it.
What day are the payments made?
The 15th of each month, once the community payments, repairs and other monthly expenses have been made.
How do you guarantee the payment of the rent?
Through rental guarantee insurance policy.
What happens if a tenant does not pay?
You do not have to worry about your rent, if you have contracted non-payment insurance, in any case we initiate an internal and friendly claim process on behalf of the property, and if appropriate, legal actions.
Do you write rental contracts?
Yes, and we are adapting them to current regulations
FRANCISCO JAVIER FERNANDEZ CINTRANO
iSol Business CEO
“We manage our clients’ property as if it were our own”
The common trait in unsuccessful management is lack of follow-through, focus on one aspect, and lack of knowledge. Management is not a kitchen recipe that you can apply no matter who sits at the table.
Your future only depends on you, you are only one step away 😉
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