Rent your house to tourists and earn money!
Renting to tourists is becoming more and more popular and as such the competition is getting stronger. If you want to make a good profit (or keep making it), you must present the property well on many platforms and attentively support your guests. This is quite a taxing task that cannot always be combined with other passions or work.
This is exactly the moment you need us. Our large team can work all day (7 days per week, 365 days per year) in order to optimize the rental of your property. Making use of our customer service, which advises tourists all day long and supports during check-in, gives peace of mind when you rent your house to tourists.
The core philosophy behind Rental Valley
What we have noticed through the years is that successful renting begins with representing your property nicely. For this reason, we will create an entire page on our own platform in order to present the property in the best possible way. Professional photographs and a Virtual Reality Tour are important tools for convincing guests to choose your property over others.
After this, the property must be presented as broadly as possible and the prices must be optimized. We have access to more than 20 vacation platforms and optimize the prices with software through which we never miss a high season (or event). We synchronize all prices and calendars directly after a reservation. This ensures a minimal chance of overbooking.
Our customer service is reachable 7 days per week from 10:00 to 19:00 and reacts immediately to new booking requests. Our team speaks Spanish, French, German, and English.
VAT and income tax for holiday rentals
If you rent your property for vacation leases (if you offer lodging), you are required to declare 6% VAT. Whether the rental is permanent or temporary does not matter. Nor does whether you rent your whole property or a part thereof (such as in a B&B). Check the overview of lodging provision and 6% VAT.
The good news is that often in practice, no VAT has to be paid thanks to the KOR (Arrangement for Small Businesses). Up to a VAT sum of €1345, you can definitely make use of the arrangement. This corresponds to a revenue of €22416. Click for information from the Tax and Customs Administration about the small business arrangement.
The choice of taxation box for rental incomes is less clear than the matter of VAT. A number of clear cases:
- The rent revenue of a second property (where you are not registered) gets taxed in box 3, as do recreational properties.
- In temporary renting, 70% of the rent revenue is always taxed in box 1.
- In partial renting of one’s own property, the rented part can be taxed in box 3, but you may not apply any mortgage deduction on that part.
- It is important for box 3 that passive management applies. This means, among other things, that you cannot make use of your own website or marketing.
Check for information from the Tax and Customs Administration about renting your property.