Short-term rentals in Milan: make your property income for short periods

The sector of short term rentals Milan is rapidly expanding.

We wondered why more and more people decide to rent their apartment in the capital of Milan, let's find out together.

What do we mean when we talk about short term rentals?

Short-term rental means the rental of a property for a period that does not exceed 30 days stipulated by natural persons outside the exercise of business activity

The advantages of short-term rentals in Milan and elsewhere are manyfirst of all in terms of profitability.

• The daily price that it is possible to request for a short-term rental is far superior to what can be found for a long-term rental.
• The risk is eliminated more and more frequent than arrears of the tenant.
• There is the advantage of being able to rely on real estate brokers who take care of all the commitments related to the succession of customers and the management of the property.
• You are not subject to multi-year time constraints. You will be able to regain full possession of your apartment if the need suddenly arises.

These are the aspects that every year push more and more Milanese to place their own apartment on the short-term rental circuit, thanks also to the foresight and “good business sense” all Milanese.

The long period of crisis that has affected our country has certainly not discouraged the Milanese, who have recognized short-term rentals as one of the most interesting trends of the moment, and have not been disappointed.

Boom of short-term rentals Milan how to take advantage of it

Anyone who has a vacant apartment in Milan, or who has placed it on the market and is waiting for the best purchase offer, can entrust their property to a company like Cleanbnb.

CleanBnb he will administer every aspect of the short-term lease in Milan, showcasing the apartment and managing all the reservations, right up to dealing with the reception of the guest and his stay.

Good business sense will have made you understand that inserting an apartment in the Milan short-term rental circuit is an opportunity not to be missed because it is free of risks and also of tasks.

Some further considerations on short-term rentals in Milan

"A medium-sized lodging in the semi-central area of ​​Milan, with an occupancy rate of 50% of the nights, can yield - net of expenses - from 6.400 to 10.500 euros per year"

(The sun 24 hours)

It should also be considered that Milan is the most cosmopolitan city in Italy.

5 times during the year the Milanese capital is at the center of fashion shows, presentations of collections, cocktail parties and events of all kinds which attract visitors from all over the world.

Then there is the enormous uproar aroused every year in April by the Salone Internazionale del Mobile and all the events related to the Milan design week.

Furthermore, Fiera Milano boasts a portfolio of exclusive exhibitions for various economic sectors and hosts the major international conventions.

It's really true that Milan never sleeps, one might say, but the opposite is true!

In fact, during 2018, the capital of Milan recorded over six millions of attendance (source Corriere della Sera).

This in itself represents an excellent "fill factor" for vacant apartments in Milan.

Who decides to rely on Clean bnb will also enjoy the more effective marketing strategies to promote your apartment in Milan.

Right away we want to suggest some tips to make an apartment for short stays in Milan more attractive.

Short-term rentals Milan practical advice to improve the appeal of properties

• Interior beauty

Milan is the Italian capital of fashion. Never underestimate the visual impact of the apartment. All you need is a pinch of good taste, a whitewash or a wall painted in the color of the year. Modern or vintage furnishings depending on your feeling and that's it.

• Customizing its description

Tell something about yourself when you present your apartment to guests. This will increase curiosity and justify the aesthetic choices. A vinyl collection, the passion for organic food, the skill in preparing desserts for breakfast, will make the choice of the property even easier.

• Feedback on the area where it is located and its points of interest

Suggestions on what to do, little gems from true connoisseurs of the neighbourhood. Advise guests on the best tavern in the area or give them the timetable for public transport to the centre. All of this will form the basis for excellent references for those who will stay overnight in the apartment in the future.

• Environment photography

Photographing the apartment during the day, highlighting the details, placing fresh flowers at the center of the table… and everything will seem even more beautiful and inviting.

• Services present

Always indicate if the place is equipped with a ventilation system, if there is a kitchenette, if there is parking in the area. The more services can be offered, the easier it will be to rent an apartment for short stays in Milan.

Are you ready to make income from your short-term rental apartment in Milan?