Mid-term property rental is a great way to secure a private, fully furnished home, without the hassle of being locked into a long-term lease. It’s the perfect option for those seeking the comforts of home for extended stays, such as business and corporate travellers, people undertaking renovations on their own home, or people relocating to a new city and wanting to explore the area before committing to a long term arrangement. Stays of 2 – 6 months are generally considered to be mid-term.
At Mitchell’s Real Estate Group, we have the flexibility to offer mid-term rental options, as well as longer term arrangements.
For the property investor considering mid-term rental, it’s important to use an experienced property management team, with expertise in the short, and mid-term rental markets, as this can be very different to a typical long term lease.
We understand what guests require for a comfortable stay, and what the property needs in order to attract the right type of guests.
We undertake rigorous screening processes before accepting applicants, and ensure payments are made advance to safeguard you from any rent arrears.
One of the benefits of the mid-term platform for property owners is that it provides some agility in terms of property usage. By only accepting bookings of a few months, you have the benefit of earning an income, as well as being able to use the property yourself in between guests. You can also switch to a longer term lease arrangement if your circumstances change and you prefer a consistent income from your property.
With many years of experience, and success in the short and mid-term rental space, we are seen as the local experts in this field, and often have clients seeking us out to manage their property. If you would like to explore this option, please contact us for a chat.