Traditional rentals: 6 out of 10 tenants are in arrears

The short-term rental solution to avoid the rigidity of long-term rentals.

When discussing rents, refers to a market influenced by various economic, social and demographic dynamics that presents several obstacles.

Major problems include i high costs in major cities and the challenges related to the management of contracts between tenants and owners.

Rentals in Italy: data from the Nomisma Observatory

According to the Nomisma report in the last year, as regards the locations, there was a 2,5% increase in prices on a half-year basis.

In particular, Turin and Florence, despite having achieved lower performances than other markets, have highlighted the greatest increases in rents for rent, with increases greater than 3% every six months.

In Milan, Rome and Florence, average prices for an apartment of approximately 80 square meters they vary between 780 and 930 euros per month, remaining particularly high.

Bologna and Padua they don't go far away. Instead, cities like Catania, Palermo, Turin and Bari have a lower average cost, around 450-520 euros per month.

Another fundamental question concerns the time required to complete real estate transactions.  

These are periods, often long, in which the real estate does not produce any income but continues to generate expenses.

It usually takes about five months to complete a transaction, with Milan having the shortest average time of about 4,2 months.

Problems in the traditional rental sector and rampant arrears

Despite the importance of the sector, the traditional rental contracts we have talked about here here extensively, they often present issues that can jeopardize both the safety of tenants and the economic stability of owners.

The main difficulty is represented by the arrears: many tenants are unable to pay in a timely manner causing financial problems for the owners.

A recent article published by Repubblica he highlighted a critical situation in the Italian rental market: well 6 tenants on 10 they are in arrears, that is, unable to pay the monthly rent regularly.

In addition, one in two tenants leaves the apartment without having paid off their accumulated debts.

This forces owners to face costs and procedural delays to try to recover the sums owed, sometimes without success.

Late payments are not only an economic problem, but also a factor of uncertainty and social tension.

The owner is not always the strongest contractual party, often the rent is a necessary source of income in the family budget.

This situation fits into a context of strong growth in rental demand, driven by various factors, such as the difficulty of accessing credit for the purchase of real estate and the desire for housing flexibility.

It is from this fracture that theincrease in rent, which puts pressure on both tenants and landlords.

The economic crisis and inflation have exacerbated the difficulties for many tenants in maintaining a rent, also because salaries have not grown proportionately to the cost of living.

This brought many owners to evaluate alternative solutions to make the most of your property.

Short Term Rentals: A Safe Alternative for Landlords

This complex picture makes the possibility of opting for short-term rentals increasingly concrete, an increasingly concrete alternative to traditional leases.

Short-term rentals offer the advantage of advance payment, eliminating the risk of default.

In this way, landlords can get a steady stream of income without having to worry about any non-compliance by guests.

Short-term rental platforms, such as Airbnb and Booking.com, but also like ours CleanBnB.house, allow owners to include their properties in short-term rental circuits with rapid management times and greater flexibility in adapting rates.

Short term rentalsIn fact, can generate higher revenues than traditional rentals, as owners can adjust prices to seasonal demand or local events, thus maximizing their profits.

The choice to place your property on the short-term rental market is sometimes hindered by theinability to actively manage the property.

Those who cannot personally take care of all the phases of placing the product on the market and the subsequent management of the apartment, can rely on specialized services, such as those offered by CleanBnB, the main and most widespread property Short term rental manager in Italy with over 2900 properties under exclusive management.

CleanBnB takes care of every phase of the rental, including bureaucratic and administrative management, relieving the owners from any burden.

Thanks to a professional service that goes from welcoming guests to cleaning and maintenance, CleanBnB allows owners to turn your property into a source of income stable and secure without having to invest time and energy in operational management.

This opportunity, in addition to simplifying the process, makes short-term rentals accessible even to those who wish to obtain a sure profit, without the risk of default of long-term rentals, and without having to deal directly with the multiple needs that managing a property entails.

In an uncertain real estate context, Short-term rentals stand out as an excellent solutionsafe and profitable for property owners and represent a valid alternative for those who wish to make the most of the potential of a property in an evolving real estate market.