(*) Only with Landowner prior’s consent.
Very simple: Owners who wish to let the use of their property (Residential Leasing) will make contact with our sales team and we will give visibility to the properties by creating a new and exclusive channel for the sale of properties, attracting clients who wish to acquire a property by a period of time.
It will depend on the contract that you decide to step in. Like a lease, subletting is allowed with an agreement with the owner, but at Using Homes, we distinguish three types of contract:
The duration is set in the contract between the owner and the acquirer.
The terms of the Using are characterized by being of long term. They can vary between 3 and 30 years’ term. Being the most common are between 5 and 10 years’ term.
For the Owner: The brokerage fees. 5% + VAT
For the purchaser of the Lease: In addition to the Damage Deposit, he supports the expenses of formalization that will depend on the type of contract:
The rights and obligations of the parties will be the same as in a traditional lease, with two appreciations:
In the case of Private Using (up to 5 or 7 years), the bank is obliged to respect the possession until the expiration of the contract (provided the owner was up to date in the payment at the time of the contract).
In the rest of Leaseholds (Recorded Using or Unlimited), exceeding 5 or 7 years, the possession of the Lease is recorded at the Land Registry, which guarantees its peaceful enjoyment.
Yes, as in conventional leases, the purchaser must pay around 3 % damage deposit, which will be placed with the competent public organism, as a guarantee to cover possible damages.
The acquirer saves the additional guarantee, since there will be no defaults on the rent.
Using Homes welcomes you and invites you to get in touch with our team of qualified professionals who will advise you on the conditions.
Please feel free to request the Owner’s Manual and a copy of the Mandate of Assignment Agreement. Using Homes undertakes to expose your property in the market. The owner must provide with the appropriate multimedia material, as well as give us the keys to the house if it is necessary.
If the sale price of a property is €500,000 and the owner usually rents it between 1,700 €/2,000€ monthly, what price will the Lease reach approximately?
In this case, the owner could obtain around €65,000 in advance payment for 5 years, eliminating all risk of non-payment and expenses for supplies and community.