Italy is a vast land with magnificent art, beauty and fashion, tourists find it a place to visit, and establish businesses. As a house owner in Italy, you may wonder what it takes to rent your home for the long-term or short-term.
Therefore, renting your house in Italy is not a simple task to handle for you will have to face the Italian law and a lot of hassle. Starting from registering your rental property, there is a whole lot of stuff to handle.
If you want to know more about handling your income from short term rental in Italy, read this article about Airbnb tax in Italy.
That is having said, with the below post-pandemic tips, you will have all the clue it takes to get started with renting your property. Making your house a rental home as a source of primary income or to generate extra income is easy, as long as you follow some simple guidelines.
With the spread of covid-19 throughout the universe, rental sectors are not left behind as one of the industries affected. Though the spread is slowing down, there are specific measures to be taken to ensure the safety of your clients when they stay at your home.
Some of these measures include:
- Ensuring there is proper sanitation in the rooms
- Maintaining high standards of cleanliness.
- All your guests should provide a covid-19-free certificate to show they are not infected with the virus.
- Make sure there is social distance even if the members are of good health.
Before checking on the possibilities of renting your property for the long or short term, the house should have the following features:
- For a short time, rental, the maximum number of days to host a guest is thirty days.
- Before renting your property, your guest should sign the contract in person or individual.
- You must register your property as residential property to be on the safer side of the law.
- As you will be hosting your guest in your house, there are extra services you should offer like: supplying sheets and linen and also ensuring their premises are clean each day of their stay.
Apart from the above features, you should also the terms of management for your long and short term rentals. A short-term rental is easier to manage than a long time. It is because the cost of booking and operating is low. A tourist can use Airbnb or Homeaway.com to book, and the commission they apply is 12% whereas the house owner you pay 3% of the commission, and the rest is applied to your guest.
On the long-term renting of your property, it is the vice versa for the short time renting. Starting with the commission cost, it will be twice, and as the property owner, you should be considerate of the cost as it plays a role in your business plan.
On the payment plan and taxation, that applies to what both parties have agreed. As you rent your property payment will be made to your preference, but on the taxation part, payment should be through traceable means like a bank transfer.
It is easier to rent your property in Italy as long as you adhere to the Italian law on renting properties and ensure you follow all the guidelines before you rent your home. Proper management and accounts will give you more guests in your property, and with the above tips, it becomes easier to rent your property for a long or short term.