Luke Hemmings. Interiors. November 15th , 2017.
It is a home away from home since it has amenities that hotel rooms do not have like kitchen and dining area, furniture like a sofa bed, an office desk, and features which usual hotels offer like strong Wi-Fi connection, working area, and direct telephone lines.
Furnished apartments actually attract professionals who work on a contractual basis and families going on a vacation. It is important to underscore that location plays a critical role in your long-term success. Another key thing to consider is the size of your property. If you are planning on attracting workers with contracts, you should have a smaller property. Conversely, families going on vacation prefer multi-storey properties.
Many property investors also prefer investing in furnished apartments as they are often leased for shorter periods. As a landlord, this gives you ample flexibility. This a definite advantage if you are keen on using your apartment for vacations or other purposes. Furnished apartments also tend to attract better tenants. This is highly likely if you own a property in a city centre and acquire professionals as tenants. These tenants are less likely to damage your property.
Even though there are such kinds of apartments willing to grant approval to problem tenants, these apartments will nevertheless demand that those tenants fulfill a few basic requirements. One of them is being on a job at least six months. Some apartments will ask for a hefty deposit depending on the individual leasing office. Others will ask for three months of rent in addition to the deposit. One must also earn at least three times the amount of the rent.
Any content, trademark/s, or other material that might be found on this site that is not this site property remains the copyright of its respective owner/s. In no way does ISHTR claim ownership or responsibility for such items, and you should seek legal consent for any use of such materials from its owner.