What costs are involved in renting a property?
A security deposit will have to be paid to the landlord. This is usually between 1 to 2 months rent, refundable upon exit when all utility bills arrive and have been paid. At times, landlords require a ‘Fiador’ or ‘Guarantor’ besides the security deposit. The first rental payment will also have to be paid to the landlord. Rent is usually due monthly but landlords can dictate how they wish to be paid. If a holding deposit has been made along with an Oferta, the sum is deducted from the above payments to the landlord.
