If the answer is YES then ¡Estupendo! CAN help. We are the largest Estate Agent Group in Lanzarote and have been established for over 10 years. We have offices in the major resorts, Playa Blanca, Puerto del Carmen and Costa Teguise and work with thousands of clients each year. We will market your property not only on our own website but other property advertising sites.

The demand for Long Term Rental Property this year has been huge and we have clients looking at all areas of Lanzarote.

If you have a

* House:
* Finca:
* Flat:
* Villa:
* Business Premise:
and want to rent it long term.

Please contact us:
Playa Blanca 928 519 153 alan@grupoestupendo.com
Puerto Del Carmen 928 512 394 martin@grupoestupendo.com
Costa Teguise 928 346 105 sue@grupoestupendo.com

Website – www.grupoestupendo.com

Blogsite – www.grupoestupendo.es

The Tribunal Supremo (Spanish Supreme Court) has agreed a change of the law for landlords with tenants who are behind with their rent. The new rule will bring some relief for landlords with tight cash flow where the monthly rent is helping to pay their mortgage payments. The decision was reported on the website Cinco Dias in June when it was first approved, but it still needs a final approval by the Senate.

The new speedy eviction process means that a landlord can issue a 15 day notice period to the tenants that are late in paying their rent, the notice is to either make the payment or leave the property. The 15 days notice is the minimum amount of time that the landlord can give to the tenants, he can, if he wishes allow them extra time.

If the tenants do not make the required payment in the notice period then the landlord can apply for an eviction notice and this new law states that this will be carried out within 15 days. Effectively tenants can now be evicted from a property for non payment within a month.