Is it better to rent a furnished or unfurnished apartment?

Are you a homeowner considering renting out your home? If the answer is yes, it is very likely that you are wondering if it is better to rent a furnished or unfurnished apartment.

Although it is a very personal decision, from KM2 Real Estate Services – real estate agency in Barcelona and Madrid – we detail the advantages of both options so you can make the best decision. Do not miss any detail!

Renting a furnished apartment

When we talk about renting a furnished apartment, we mean that the property has everything or almost everything necessary for the tenant to move in immediately and not have to move much more than their clothes and personal belongings.

What should a furnished home have?

• Basic appliances.
• At least an armchair and a low table in the living room.
• A dining table with chairs.
• A bed with mattress in the bedrooms.
• Closets in the rooms.

Advantages of renting a furnished apartment

The main advantages of renting a furnished apartment are the following:

• To charge a slightly higher rent; since the tenant will be saving all the investment corresponding to furniture.
• To give use to that furniture that is no longer of use to the owner and that otherwise should be stored somewhere else.
• Greater immediacy in the lease. With a ready-to-live-in property, you have the possibility of attracting a type of tenant who is looking to move in immediately.

Renting an unfurnished apartment

An unfurnished apartment is one that is offered without including any furniture or appliances.

In other words, in this case, the tenant must provide all the furniture, appliances and utensils necessary to live in the apartment and will be responsible for their removal, installation and maintenance.

What elements should an unfurnished apartment have?

• Kitchen equipped with electrical outlets, faucet, sink, cooktop and extractor hood.
• Heating and/or air conditioning system.
• Bathroom complete with toilet, sink, shower or bathtub, towel rack, mirror and ventilation system.
• Electrical installation in good condition with sufficient plugs and sockets.
• Double glazed windows with good thermal and acoustic insulation.
• Floors and walls clean and in good condition.

Advantages of renting an unfurnished apartment

• Guarantees that the tenant who signs the rental contract is willing to stay for a longer period of time, since he/she has made an important initial investment.
• No obligation to take care of damages and/or maintenance that the furniture and appliances may need.

Which option is more profitable?

As mentioned at the beginning of the post, the choice depends mostly on your personal preferences. Both options are equally valid. We recommend you to select the option that best suits you, taking into account all your needs.

In KM2 Real Estate Services we have more than 41 years of experience in the real estate sector and we know the market very well.

If you want to rent your apartment in Barcelona or Madrid and you need advice to make the best decisions, you are in the right place. Our commercial department will propose you a strategic marketing and commercialization plan to carry out all the steps, maximizing the price and minimizing the time to market.

Do not hesitate to contact our team of commercial advisors, we will work tirelessly to get your property rented!