Renting my Villa

[george olly]

Hi All

I'm going to privately rent my villa and have quoted a monthly rental. Is it normal to charge them separately for utilities?

George

[ozankoys]

If you are renting long term i.e. 3 months or more the tenants pay the electricity & water. If you are doing 'holiday lets' for short periods you would normally give the tenants an allowance for elctricity & water which would cover normal useage anything used above this would come out of their deposit.
You have to pay 10% tax on the gross rental income.

[ozonkoyboy]

Be careful as in summer the people renting tend to us the AC a lot, which can push up your electric bill

[ozankoys]

That is why I said to give an allowance for electricity!

[Tandh]

We are looking for six month rental!! Is this what your looking for?? If so where is your villa located and what price you looking for?

Thanks

[george olly]

Hi everyone

Many thanks for your advice, really useful. Have now let the villa for 5 months. Tennants have agreed to pay electric, water and pool maintenance on top of the monthly rental so problem solved. Useful info also regarding holiday letting

Thanks again
George