Short-term rental – a business opportunity
We have already mentioned the advantages and possibilities of business apartments and short-term renting in our “Moving to Vienna” Section. Short-term rental is the ideal combination of the private “home” feeling and loose conditions, which allow you to put up your tents for as long as you need. There are already numerous offers for expats or students, who are spending a semester abroad. But not just AirBnB has discovered that there is a demand for fully furnished apartments, that provide all the necessities of independent living, but spare tenants the troubles of organizing these.
Services for Lessors
Not only people looking for a temporarily accommodation can benefit. Apartment owners can use their property to increase their income, during a period of absence too, without lacking the ability to use the apartment for themselves at their return. Expats, who may regularly visit their home countries, may rent their apartments, which are empty during their absence. This period of time can be used to not only cover the running costs of an apartment, but as a source of income. Austrian rental law includes the possibility of short term rental up to six months, which is a flexible and simple way to accommodate tenants without timely limitations.
Thus many apartment owners hesitate to rent out their apartments to avoid the duties of being a landlord (key exchange, cleaning, online presentation, etc.) or because they are simply not in town. Service platforms like kurzzeitmiete.at and others simplify the renting process for for tenants as well as lessors. With offers tailored to your apartment, property managers takes care of the struggles of renting out. So landowner’s do not need to worry about online presentations, correspondence with every potential renters and the handover of the apartment, besides cleaning and redeeming any damage caused by tenants.
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