What is the Corporate Rental of apartments?

Today, in Vanrays we can ensure high returns on our properties for Corporate Rentals or Mid Season Rentals. For our part, you can receive a wide range of services, ranging from legal advice, through the complete renovation of the property, to the implementation and proper marketing of the property.

In Corporate Rentals, the location and features of the house are very important, as well as the services provided to the guest during the stay for a safe and complete success.

These are the advantages and disadvantages of renting apartments for businessmen:

If you are a homeowner, and you are thinking of renting your home on a corporate basis, you should consider the following advantages that our team has found in this type of rental:

• Greater control over ownership

Our cleaning and maintenance team comes periodically to the property to check that everything is in perfect condition.

• Lower risk than traditional leasing

The tenant profile of this type of property is usually a medium-high profile guest, who is displaced by his company or for professional reasons in the city, so the risk of non-payment is minimized compared to traditional rentals.

• Fixed monthly income

Compared to tourist rentals, this is a great advantage of corporate rentals. The owner knows the approximate duration of the guest's stay in his home, and the fixed monthly income forecast that he will obtain from renting his property.

• Complete management

Marketing and set-up of the property, preparation and signing of the contract, reception of the tenant, continuous maintenance of the property, control of the monthly payment, cleaning management, inventory review, finding the right guest, among other tasks. The Vanrays team is in charge of all this, in addition to making monthly settlements to the owner and offering a wide range of services necessary for the guest in this type of rentals.

Among the disadvantagesVanrays has found in this type of rental are:

• Furnished and equipped apartment

As opposed to conventional and long-term rentals, the apartment must necessarily be furnished with the qualities Vanrays is accustomed to and equipped according to the inventory that Vanrays has stipulated is necessary for the guest.

• Lower apartment availability

In homes intended for tourist rental, the owner can enjoy the apartment, either for personal use or for visits from family or friends. In this type of rental, the availability for use is lower, although not non-existent.

These are the advantages and disadvantages that Vanrays have found in corporate or mid-stay rentals. If you think your property may fit within the Vanrays philosophy, we can help you in deciding whether to focus your property on one type of rental or another, as there are many other factors to take into account.

Want to know more about corporate rentals? Read more.