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View Full Version : How much is a long let security deposit, in general, in Tenerife?



bunnygirl34
26-03-2012, 12:44
hi there,

i just wondered what owners are charging on their long let properties,from rentals of 3 months +....and can most pay it ?

many thanks for any experiences...

ciderhunter
26-03-2012, 14:45
Usual practice is to take one months deposit and one months rent. Then you would just need to collect the rent on a monthly basis. The tenents may take the option of staying longer, or as sometimes happens just not staying for the full term. If this happens, don't expect the rest of the months that are due.

slodgedad
26-03-2012, 15:15
I rented here for over 10 years and, although I paid a 2 month bond once, all the other places I have stayed in have been I month rent + 1 month deposit.