Question
Can you buy a property and rent it out in Airbnb while on Spain Non Lucrative Visa visa?
Answers
These are the answers of Spainguru’s Facebook group members:
“Yes! You can do it.”
“The consensus is that yes, you can buy a property and rent it out. However, if you do it as a vacation rental, it’s advisable to hire a property manager to keep the income as passive investment.” – Read “Is renting a property allowed as passive income for non lucrative Spain visa?“
“You can register on Airbnb as a non-Spanish person, and you can get paid with Paypal.”
“You need a tourist license from the Junta de Andalucia in order to put the property on Airbnb or any similar platform.”
“Renting locally poses various challenges, and while Airbnb has its own issues, avoiding rental altogether eliminates the hassle of dealing with tenants and potential property-related problems.”
“It seems obvious that a landlord has more leverage over a foreigner than a local in tenant-friendly countries.”
“But look into tourist licenses, not easy to get now in some areas… Maybe, if you can obtain a permit (you will probably wait a year for this if granted).”
“It can be done as passive income. Property manager as a previous person said is better. Spain Non Lucrative Visa does not let you work actively not even in your own business. Make sure you can get the tourist license first.”
“With a tourist license, yes.”
Conclusion
The dialogue among Facebook group members suggests that purchasing a property and renting it out on Airbnb while on a Spain non lucrative visa is feasible, with several key considerations.
Firstly, obtaining a tourist license is essential and may be challenging in certain areas. The use of a property manager is recommended to ensure the rental income remains passive, aligning with the visa’s requirements.
Additionally, there’s a preference among some landlords for renting to foreigners due to perceived ease in managing tenancy agreements. Awareness and compliance with local regulations, such as the need for a tourist license, are crucial for those looking to engage in vacation rentals in Spain.
