OFFSETTING YOUR MORTGAGE WITH RENTAL INCOME

You can help offset the cost of your mortgage or even make a profit by renting your property for part of the year!

Based on your figures from the mortgage calculator:

For a property worth €0 you can expect to earn a monthly rental income of:

€1thousands_sep575 
High Season
€1thousands_sep125 
Mid Season
€968
Low Season
High Season - July, August, September, Christmas week & Easter week
Mid Season - April, May, June & October
Low Season - January, February, March, November & December

Based on your example, if you chose to rent out your property ONLY during the fourteen "high season" weeks of the year (which leaves you the other 7-8 months to use your house in Spain) you could earn a total of €4thousands_sep900

If you anticipate a yearly mortgage cost of €0

This means your actual expense each year would be €-4thousands_sep900

WHICH MEANS YOU ARE ACTUALLY MAKING A PROFIT!

Therefore this makes a more expensive apartment more affordable!

Note: The previous calculations are approximations and close estimates to what you will be able to reap from rentals. They do not encompas and rental maintenance fees or external charges. For more information please visit our Frequently Asked Questions pages.

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Click Here For More Information About Renting Your Property

         
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