It has been nine months of preparation, six months of talking about it with owners, potential clients and my colleagues and three months of background work on the website but finally after the soft launch a couple of months ago Stepping Stone Rentals is launched. There are just a few things to do on the website, we are having issues on the back end at times but we have now set up our Facebook page, our instagram feed and soon we will have Stepping Stone Rentals integrated into Valencia Property’s homepage too.
We have populated the site with properties from clients who have given us their properties to rent out and trust us with the management of those properties and we are now looking to increase the numbers of properties on the site so if you have a property you wouldn’t mind renting out on three month contracts or you know someone who may want to do that then let them know about us. We are looking for properties in the city of Valencia and also in the areas surrounding the city. Below you can see a video of a property we start renting tomorrow to an SSR client. They don’t need to be luxury, they need to be functional, equipped and well located.
To know more here is our reason for existing.
Stepping Stone Rentals: Empowering New Arrivals with Medium-Term Rentals in Valencia, Spain
Introduction
Foreigners seeking to rent property in Spain have often faced challenges related to the perceived risk of non-payment, making it difficult for them to secure accommodations. However, a groundbreaking solution has emerged in the form of medium-term rentals, offered by Stepping Stone Rentals in and around Valencia. These rentals provide a unique opportunity to overcome the hurdles faced by foreigners, enabling them to find suitable housing without concerns from the landlord about non-payment.
Understanding the Challenges
Renting a property in a foreign country can be a daunting task, and Spain is no exception. While most tenants are reliable, the risk of non-payment remains a concern for landlords. Insurance companies often hesitate to offer coverage against potential defaults for foreign tenants due to the perceived higher risk associated with them and the inability to do a risk assessment. Consequently, many foreigners have struggled to secure long-term rental agreements, leaving them with limited options and high levels of uncertainty.
The Advent of Medium-Term Rentals
Recognizing the need for a fresh approach to renting in Spain, Stepping Stone Rentals, a new project designed and run by long term Valencia Estate Agents “Valencia Property“, has introduced the concept of medium-term rentals, offering rental agreements for an initial duration of 3 months. This innovative solution strikes a balance between the flexibility of short-term rentals and the stability of long-term leases, effectively addressing the concerns of both tenants and landlords.
How Medium-Term Rentals Work
Medium-term rentals provide an appealing proposition for foreigners in search of accommodation in Valencia and its surrounding areas. Stepping Stone Rentals serves as a trusted intermediary, bridging the gap between tenants and landlords. They curate a portfolio of properties that meet the needs and standards of both parties, meticulously vetting tenants and implementing secure payment systems to establish trust and mitigate the risk of non-payment.
Benefits for Tenants
Foreigners looking to rent a property in Valencia can now benefit from the security and peace of mind offered by medium-term rentals. These rentals alleviate concerns about securing long-term leases or the associated risks of non-payment. Stepping Stone Rentals streamlines the rental process, ensuring a reliable and hassle-free experience. Tenants can enjoy comfortable, fully furnished and equipped properties, creating a home away from home during their initial arrival in Spain.
Advantages for Landlords
Landlords also reap significant advantages by partnering with Stepping Stone Rentals. The service not only reduces the risk of non-payment (to Zero) but also ensures consistent occupancy rates by catering to a market of foreign tenants seeking medium-term accommodation. Stepping Stone Rentals handles property management tasks such as maintenance and tenant vetting, enabling landlords to benefit from hassle-free rental income while preserving the value of their properties.
Conclusion
Stepping Stone Rentals aims to revolutionize the rental market in Valencia and its surroundings by introducing medium-term rentals as an ideal solution for foreigners struggling to find secure housing and reliable tenancies for landlords. This innovative approach effectively eliminates concerns about non-payment, providing tenants with reliable and comfortable accommodation options. In turn, landlords benefit from a steady stream of usually foreign tenants, enjoying hassle-free rental income. With Stepping Stone Rentals serving as a trusted intermediary, the perception of risk associated with renting property in Spain is being successfully addressed.
Check out our current availability of properties on our homepage here.
