Business · Economy · 5 hrs ago

Spanish landlord says he owns 150 homes and pays over €100,000 monthly in mortgages

Spanish landlord says he owns 150 homes and pays over €100,000 monthly in mortgages

Rubén, a 39-year-old property owner in Spain, says he owns 150 homes that he rents out for residential and tourist use.

He says he pays more than €100,000 a month in mortgage payments and employs 60 people.

He says the high fixed costs make it important to have stable income from the properties.

Rubén says residential rents have traditionally averaged €300, and that he would like to put more homes into long-term rentals.

He also says he has faced unpaid rent, occupations and lengthy legal procedures, which can make managing the homes harder.

His comments come amid debate over government housing measures, which he believes may add uncertainty for landlords.

No specific next steps are described.

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