Thanks. I take your point. But as you know, expats - as residents in Spain - have to identify the property they occupy (datos catastrales), its owner and the amount paid in rent. I may be mistaken but I think that will force the UK company to pay Spanish VAT and income tax on the rent less maintenance (must be a reasonable amount - whether actually paid or not). That could make the foreign company approach decidely less attractive.

Would you agree?