Unlocking the Comparative Advantages: Unfurnished vs. Furnished Rentals
Both options offer advantages and disadvantages
Furnished rental :
- the lease duration is of 1 year making it more flexible. It is therefore possible to recover your property each year instead of 3 for unfurnished apartments
- because of high demand furnished rental is better adapted to small and medium size apartments
- is more tax efficient than for unfurnished apartments
Unfurnished rental :
- enables to better forecast rental income because tenant turnover is slower than for furnished apartments
- is better adapted to larger size apartments (3+ bedrooms) usually preferred unfurnished
- has lower management and maintenance expenses (no furniture, lower maintenance costs)
If you choose to rent furnished, do not underestimate the cost of furnishings and the time needed to furnish the property. This step often takes longer than anticipated (placing orders, receiving packages in installments, dealing with delivery delays and stock shortages, organizing furniture assembly, etc.). We can guide you to professionals who can assist in furnishing your property, from selecting furniture to setting it up. We can also provide you with a list of expected furniture/equipments.