Benefits for property owners
The owners get more profits by making this kind of rent apartments and have an average increase of between 5% and 30% compared to renting traditional. The committee is charged to the specialized companies is no more than 30%, because these companies provide added services such as management of the stay and the cleanliness of the property.
The property owner must provide the apartment completely renovated, decorated and furnished with all appliances and cooking utensils needed to enable customers to prepare their meals. Should also include household linen, a TV, DVD, and an Internet connection (though not always) and more things.
The fees of the residents association, electricity and water expenses are met by the owner of the property and damage to property is the responsibility of the specialist company which will record these events in the insurance policy that is part of the contract with tenant.
Insurance coverage for these flats is similar to that of the hotels, so if the client does not cause any damage to the flat, the company specializes must cover the cost. The contract also includes provisions of insurance that assist the tenant in case of a domestic accident.
Along with the above, the great advantage to the property owner is that they can have access to his apartments whenever they want, and to establish the lease agreements and availability of assets management companies, in accordance with their needs. In addition, the floor is kept in better conditions for the use of this formula that with traditional rental.