Spanish property investors who have become reluctant landlords hit by huge rise in tenant defaults

[Nicholas Wallwork]

British real estate investors in Spain who rent out their properties are*increasingly experiencing problems with bad tenants hit by the economic*downturn with the number of defaulting tenants and evictions tripling in*the past two years, it is claimed.

Many of them who are having problems are expats who moved to Spain for a*better lifestyle and then became reluctant landlords because of the credit*crisis, according to Paragon Advance España , part of the Paragon Advance*group of companies offering tenant referencing and rent warranty in Spain.

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