How to Rent a House

The accommodation in Barcelona will represent the biggest slice of your monthly expenses. In addition to the rent, you have to pay “gastos” (utilities) such as water, electricity, and internet. These can add up to as much as 150€ a month per person, depending on the type of accommodation you have. While renting an apartment or a studio, you are expected to pay 1-3 months’ deposit in advance. Similarly, if you go through an agency, their fee will usually be a month’s rent. This is not refundable. That is why so many people live in shared flats.


How to Buy a House

Barcelona is an important tourist destination. In addition, it has become one of the most preferred destinations for a large number of multinational companies and individuals who decide to settle down or start their operations here. It is also a popular choice for foreigners looking for a second or holiday homes. 


Security deposit - Accommodation in Barcelona

Security deposit

The tenant must pay a security deposit (fianza) equivalent to one month’s rent for an unfurnished apartment and two months’ rent for a furnished one. The deposit will be reimbursed to the tenant upon termination of the contract.

Bank guarantee - Accommodation in Barcelona

Bank guarantee
Another possible requirement for renting an apartment is the bank guarantee (aval bancario). This requires the tenant to deposit three to six months’ rent in a separate bank account for the duration of the rental contract. This amount will remain untouched, while still earning interest, as a guarantee to the landlord. This is to provide the landlord with cash to cover outstanding rent and any legal expenses incurred in the eviction of a non-complying tenant. The full amount plus earned interest is reimbursed to the tenant upon termination of the contract. The guarantee is separate from the security deposit.

Agency fee - Accommodation in Barcelona

Agency fee

Those renting through a rental agency must also pay a commission equivalent to 10% of the annual rent plus 18% value-added tax (Impuesto sobre el Valor Añadido or IVA). You can make all the necessary payments by bank transfer from your Spanish bank account. You can also pay in cash or with a Spanish bank cheque, but not with a credit card. Rent must be paid during the first five days of the month. The rent and utility bills are usually paid by direct debit from your Spanish bank account.