This article is brought to you by bizFlats.
With the average menú del día costing €12 and monthly rent for an 85 m2, furnished apartment in a middle-class area priced at €896, we can all agree that Barcelona is a fairly cheap city to live in. In fact, according to the Expatistan's Cost of Living Index, Barcelona ranks 34th out of the top cities in Europe, meaning the cost of living here is lower than cities such as Zurich, London, Dublin, Paris, Amsterdam and Berlin. However, even in a place where residents can get by on smaller incomes, it never hurts to have a little extra spending money.
Here are some ways to make extra cash in Barcelona in 2017.
#1 Legally rent out your apartment
There is a lot of drama surrounding the legality of short-term apartment rentals in Barcelona right now. Every day it seems there’s a new development in the feud between Airbnb and the city council. That being said, there is a way to monetise your property without the hassle—that is, whenever you’re not using it.
Companies such as bizFlats can help you from start to finish in this process—from staging a holiday rental in order to give you plenty of bang for your buck, to checking in new guests and taking responsibility for the cleanup after each visit. As long as you’re letting the space for periods exceeding 31 days, no specific licence is required as this falls under the category of a ‘long-term rental’. A property management company can also help you set the right price for your apartment. No matter if it’s a one-bedroom or a three-bedroom, if it has a fantastic layout, a breezy terrace, a pool or none of the above, you will want to set a price that’ll give you the best return, without being so high that it turns away prospective lodgers.
Keep in mind that during high season, even the plainest of places can go for €1,500, €1,800, €2,000 a month. Rent out your property for one month and you could kick-start a passion project, spruce up your home or update your tech gear.
#2 Turn your hobby into a job
As Joyce K. Reynolds, an expert business coach, once said, “Not everyone is going to wind up a star by following a well-loved hobby into a professional setting. We can’t all be Olympic skaters, NBA top scorers or real estate moguls.” However, there are ways to make money from your side interest, even if it’s just enough to fund it.
Whether your hobby is photography, ceramics, jewellery making, beer brewing, calligraphy or baking, you should first launch a website to exhibit your wares and give potential customers insight into who you are, the process behind your craft and why you love it so much that you want to share it with others. From there, you can sell your finished products on websites such as Etsy, and at one of the many markets in Barcelona where local artisans and craftspeople showcase their work. For example, April 28th to the 30th of this year, there’s a Handmade Festival at Fira Barcelona, and they’re looking for more exhibitors.
You also have the option of speaking or writing about your hobby. How-to articles are all the rage these days, and historical perspectives and compelling personal stories are always of interest to enthusiasts. Find prominent bloggers or online magazines related to your hobby and pitch a story idea to them. See if a local course on the topic wants to have you in as a guest speaker. You never know how far your knowledge will take you (and how much you can get paid for sharing it) until you take the plunge.
#3 Teach private English classes at night
Teaching English doesn’t always mean being trapped in a classroom with 12 hyper Catalan children for 45 minutes at a time, or struggling to teach the past perfect continuous tense to an unmotivated 12-year-old. If you choose to teach English simply to make some extra cash rather than to pay rent and eat, then you have the power to pick your students. A liberating thought!
Registering as a teacher on tus clases particulares is one of the easiest ways to go about this. It’s free and painless. First you have to indicate whether you want to teach classes in person or online and what subject you’re offering to teach (if you would rather teach piano, math, etc. you can do that as well). You can then pick your price per hour and what level you want to teach. If you don’t want to deal with 45-year-old beginners who don’t even know the alphabet, that’s ok. This is something you’re doing in your spare time to pay for that overpriced pair of boots you’ve had your eye on for two months, so you are allowed to be selective. You can write a brief description about yourself, your background and/or your qualifications and add a photo, then sit back, relax and wait for interested students to email you.
#4 Sell unwanted belongings on Wallapop
Most of us have too much stuff. From our closets to our countertops, there is generally a lot of clutter everywhere. Decluttering your life and living simply can reduce stress levels, make your home more attractive and free up space for better things, like doing online kickboxing videos or building forts in the living room with your kids.
You don’t have to get rid of everything you don’t need all at once, though. Start with a shelf, a drawer or a room, and pick a few items from that spot that aren’t adding anything to your life. If you think they might be of use to someone else, post them on Wallapop, the free, fast-growing app—a virtual flea market, open 24/7, that makes selling items in your neighbourhood quick and easy. All you have to do is title your ad, indicate the category of the product (electrónica, muebles, libros, etc.), list a price and snap a photo. Then see if anyone shows interest and messages you to make the exchange—your unwanted belonging for cold hard cash.
And, once you’ve picked the money-making opportunity that best suits your talents and lifestyle, it’s time to put your plan into action. And then comes the fun bit—dreaming about how you’ll spend it!