Choosing a Property Manager in Spain: What the Data Says About Good vs Bad Management

By Henrik Kolstad, Founder

Property Management: The Make-or-Break Factor

Professionally managed: 72% occupancy, EUR 10,500 gross income. Self-managed from abroad: 45% occupancy, EUR 5,800 gross income. The EUR 1,890 management fee generates EUR 4,700 in additional income (249% ROI).

Fee Structures

Percentage of rental income: 15-25%. Fixed monthly: EUR 150-300. Hybrid: lower percentage plus fixed base.

Red Flags

No online reviews. No multi-platform distribution. No dynamic pricing. Unclear fee structure. No regular reporting.

Property management recommendations available through Avena Terminal.

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