PNAG

What is PNAG?

The PNAG Rental Guarantee is a government provided contract which is signed alongside the rental contract, to guarantee both parties (owner & tenant) that all legal rights and all terms outlined in the rental contract, such as:

  • Non-payment of rent
  • Non-payment of utility and other bills
  • Damage caused to the property and/or it's contents
  • Immediate recovery of the property in case of breach of contract
  • Unauthorized building work carried out in the property
  • Unauthorized sub-rental of the property by the tenant.

are being adhered to, without the need for a lawyer, and eliminating all legal expenses.

What's the cost?

The PNAG Rental Guarantee has a one off price for each agreement (approx 65€).

The only additional costs are responsibility of the guilty party found in the arbitral sentence and are 90€ for expenses, and 55€ for administrative notifications.

 

Rental Guarantee

WHAT IS THE GUARANTEE OF RENT?

The Rental Guarantee is the only official form Guaranteed Rental Plan (PNAG) in The Court of Arbitration. Attached to any lease (house, room, building, etc..) Between individuals or corporations, for the duration of the contract, guaranteeing the citizen who, if any conflict arises between tenant and landlord, it judging will be resolved in an efficient and agile, and with all the strength that carries a sentence of the firm and enforceable.

The form of the rental guarantee can be incorporated into the lease at any time during its duration as well as retroactive and does not prescribe. The Rental Guarantee is recognized by various institutions nationally and internationally, as the Bank of Spain proposed the alternative arbitration and Rental Guarantee Arbitration Court as one of the most effective measures to significantly reduce the time to execute a eviction while the International Monetary Fund has supported those initiatives specifically for this character and for improving the efficiency and transparency of the property market in Spain.

Through our institutional commitment to quality, it manages to avoid the damage caused by delays in the justice system. With our commitment to quality, each case is tried within 30 days, counting from its inception until sentencing, and if it is delayed one day, the Court of Arbitration responsible advancing the amounts claimed to the plaintiff, getting calm and confidence in the system.

HOW DOES IT WORK?

Simply attach the form Rental Guarantee to lease more like a simple procedure. If any problems arise during the lease (eg non-payment of rents) and any party wants to enforce their rights (including the recovery of the property), only has to deal with the complaint without requiring the intervention of a solicitor and barrister and without having to pay any additional amount.

       

Three bed Townhouse

Three bed Townhouse
Beds:3
Baths:2

Price: (€)750

More Info
3 bed 2 bath town-house. Situated on a private electric gated complex; peaceful, well kept grounds. Lovely swimming pool with kids pool for residents only. Sleeps 7 in beds, 2 on spring mattress sofa bed. Tennis court, rackets provided. Ideal for large families or golfers of 8. Private parking. 20 min from airport 5 min Benalmadena harbour. 5 min Torrequebrada golf course.House ideally located for everything, near enough to everything but quiet enough to relax. Both bathrooms have showers.

3 bed Town House

3 bed Town House
Beds:3
Baths:2

Price: (€)260,000

More Info
This delightful bright townhouse is located on the outskirts of Arroyo de la Miel- with easy access to the motorway, supermarkets and Tivoli World. The property is on 3 floors, the basement comprising of 2 rooms with kitchenette and w.c. There are doors leading onto the terrace which boasts sea views and gated access to the urbanization. On the first floor there is the lounge with fireplace, dining area, fitted kitchen and w.c. Also another terrace with stunning views. Up to the first floor is the master bedroom with walk-in closed and full en-suite bathroom from here there are amazing sea views. The other two bedrooms both have fitted wardrobes and there is a family bathroom. The property benefits private parking for 1 car, aircon hot/cold and communal pool.

Two bedroom apartment

Two bedroom apartment
Beds:2
Baths:1

Price: (€)495

More Info
This apartment is located 5 minutes from the beaches at Torrequebrada, the new supermarket and bars and restaurants. The property comprises lounge diner with table and four chairs, kitchen with fitted units, fridge/freezer, hob, kettle toaster and washing machine. The main bedroom has double bed, the second bedroom has single bed. The bathroom has bath with shower over, w.c. basin and mirror. The terrace is furnished with a table and 4 chairs. Swimming pool Large communal pool
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Homeowners

Do you own a property that is sitting empty or being used as the occasional holiday home?

Are you struggling to sell your property and want to earn a regular Income?

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Maintenance Packages.

We at Rentals Benalmadena can offer property owners a Management Package that will give them peace of mind that their property is being taken care of in their absence.

Whether renting out or using the property as a holiday home, we can take care of all aspects of Property Management.

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