How to equip your property for furnished rent?

How should you furnish your apartment to be able to put it for furnished rent and find a tenant quickly? Here are 5 key tips that will allow you to successfully equip your apartment for furnished rent.

1/ Research the ‘utility’ before all else

Everything in your property must be functional in order to easily be able to rent it out.

Allow for lots of storage space so your tenants can completely empty their luggage and settle in for their time in your property.
Create a how-to guide for your premises (where to find the electricity metre, water supply, emergency numbers etc…).
Choose a classic and simple crockery set that is cheap to replace if it is broken and to avoid having a mismatching set.
Choose fabrics which are easy to maintain that withstand washes at high temperatures and bleach.
Protect beds with mattress covers and double pillow cases to keep mattresses and pillows clean.
Keep all useful information such as the use of electrical goods and services offered in one place and have this translated in a few languages.

2/ Be vigilant of the security of the furnished apartment for rent

You need to ensure that the furniture and the equipment of your furnished apartment does not present any risks to the physical security of your tenant. Of course this is within reason; should your tenant cut themselves with a knife or slip getting out of the bathtub you will surely not be held accountable.

On the other hand, you may be held accountable should your tenant hurt themselves as a result of a fault on your end – such as failure to upkeep the building or unsafe furnishings. Note it is obligatory to have a safety device installed with a raised bed.

It is thus vital to regularly carry out maintenance on furnishing and equipment found in the apartment.

3/ Resilient furniture devoid of sentimental meaning

Due to the high turnover rate of tenants, the rate of degradation in furnished rentals is raised. It is therefore sensible to buy furniture that will be resilient and sturdy and to avoid furnishing your property with objects or furniture with specific financial or sentimental importance to you.

4/ An apartment in a pleasant building

The ambiance of the entire building is important. A potential tenant will be more inclined to rent a property in a pleasant building complex than one that has no style and a mismatched design. The care taken in the building complex in which your property is located can make the difference between having it off the market or not- even with students.

In the same way, a tenant will be sensitive to simple and neat decoration. It is equally important that the apartment does not feel crowded as it is that it does not feel empty. It is therefore important to take great care in the decoration of your apartment- from mirrors, decorative objects, lamps etc- especially if the property is to be advertised on the internet.

This does not mean that lots needs to be spent on the property but simply that it needs to be presented in the most welcoming and pleasant way as possible. The quality of furnishings and the decoration have a direct impact on the price point of your property. Generally, a studio with all new furniture can let at a rate of at least 20% higher than its competitors with reused furnishings.

5/ Choosing the electronic goods for your furnished property

Choosing the electronic goods for your property is equally important. You must always keep the tenant in mind, and remember they will favour those which operate as simply as possible: those that are too sophisticated should be avoided.

The lifespan of these types of products is estimated to be at 5-7 years so it is recommended to take out an extended guarantee.