Standard Rental Expenses
Agency Commission
Long Term Rentals:
If the lease is for 6 months and over the value of 1 month's rent is payable equally by the landlord and the tenant, equivalent to half a month's rent from both parties.
Short Term Rentals:
10% of the total rent payable if the lease is less then 6 months.
Commercial Rentals:
10% of the first years rent payable equally by the landlord and the tenant.
Vat payable:
Agency commissions are Exclusive of Vat. A further 18% Vat have to be added on Agents Commission
Rent Payments:
Long lets: Payments are paid 1 month in advance. Payments can be made directly to the landlord. Fine & Country offers payments service at a minimal charge and on request.
Holiday Lets: Payment of the full amount in advance.
Deposit
The value of 1 months' rent is deposited at the Landlord in advance. The deposit covers any short comings from the part of the tenant. The deposit will be refunded by the Landlord on the expiry of the lease once the apartment has been inspected by the landlord the Agent and all pending bills have been settled.
It is common practice to provide a photocopy of your passport / identity card on signing of the Agreement.
Utility Bills:
Long Lets: Water & Electricity bills are payable by the tenant and are not included in the monthly rent payable, unless otherwise agreed. Meter readings are taken and bills are paid accordingly. The same applies to Telephone, Cable TV, and Internet.
Holiday Rentals: Normally the daily rate is inclusive of water & electricity. Other utilities are to be agreed to with the landlords.
