What are the advantages over traditional rentals?
traditional rentals are long term, and during this long term commitment needs change and the owner may suddenly need the house, to live there or put it up for sale among other things.
With short-term rentals,however, you have the possibility of making money from the property, but at the same time you have the flexibility to stop the service at any time, at no cost.
The owner will be able to get his property back at any time, when he wants. The owner can keep control of his property from the point of view of maintenance, being able to enter it whenever there is a change of guest.
In the case of traditional rentals the owner is excluded for years and he may find unpleasant surprises at the end of the lease.
2. Security in payments :
in traditional rentals, the late payment of tenants is a very serious problem that affects a large number of apartment owners, with current laws giving few opportunities to enforce the right of ownership.
Short rentals on the other hand are paid in advance by guests.
A few days after the guest has checked out, or even the day after check-in, the owner will receive the transfer of rent directly to his bank account.
3. Higher rents:
The profitability of short-term rentals is higher than that of traditional rentals. mytouristhome will help the owner optimize his profitability with pricing policies, taking advantage of seasonality, events and visibility on the various OTA.
Can a private owner choose this solution to rent his apartment ?
What does ” short term rentals” mean?
It is possible, of course.
“Short term rentals” refers to leases that last less than 30 days.
A private owner can choose this solution as long as he follows the rules and requirements.
mytouristhome will help in this.
When are “short term rentals” worthwhile for
the owners ?
Whoever owns a house in a place of tourist interest has a great opportunity. The demand for homes and apartments from travellers across the world is very high and growing.
What taxes shall I pay
As of June 1, 2017, a fixed 21% tax is applied. Taxes must be paid within June 30 of the following year.
Any other doubts or questions? Contact us now.