Rental Guarantee on properties in Lisbon
New and used apartments with rental guarantee contracts
What does the term rental guarantee mean anyway: It’s usually a long term tenancy contract signed between you the owner and a company. The idea is to benefit from a 1-5 year rental guarantee so you can relax and receive a fixed income each month without having to constantly speak to the rental agent or personally deal with any problems.
Apartments with rental guarantees in Lisbon that you may have seen online are usually brand new or off plan, and are mostly quite expensive. This is usually because the rental guarantee is more of an incentive given by the developer to sell the project which in some cases is fine if you want a brand new project like this.
90% of new luxury apartment developments in Lisbon city centre do not come with any guarantee. You would normally try and find a company to rent it out for you, either using long term rentals or the short term AIRBNB model.
Good companies in Lisbon usually charge around 20-30% of your income. They advertise it and help with the guests. Most of these companies are small local companies who do most of the work manually, and sometimes don’t have the technology or support staff to deal with masses of enquiries quickly.
The best type of rental guarantee
When buying a property in Lisbon you should be buying what you want, not what has a rental guarantee built in to the sale price. And that is what we can offer, a secure long term corporate tenant that will guarantee a fixed monthly income. The benefit is you are renting it to a company who are financial stable and are already in this business.
This means you can pick a nice large character 2-3 bed in Baixa or Principe real knowing you love it and may one day live in it! But for now you just want a rental guarantee and a secure income. As long as it’s well located we can provide this.
This also works well for Golden visa buyers in Lisbon who want to buy a property they could use or sell in the future but for now they live a long way away and need a fixed no hassle income. So, we provide the rental guarantee to give the golden visa buyers a fixed income.
The solution we recommend is award winning and also successful in London and Barcelona. More importantly they have the best online visibility, leading support staff and leading technology used to maximise your income. read more here
Get in touch today and we would be glad to discuss our solutions with you