Furnished or unfurnished – which type of apartments do young people prefer to rent?

The decision to rent an apartment involves many choices that can determine its attractiveness to potential tenants and affect the investment's profitability. One of the key dilemmas is deciding whether the unit should be furnished or left empty. This decision not only impacts costs but also influences the type of tenant attracted. In our new blog article, we analyze whether it's better to rent a fully furnished apartment or one without furniture to help make the right choice.

Furnished Apartment – When Is Buying Furniture Justified?

In addition to basic furnishings, it's worth considering additional elements based on the target audience you're addressing. If there are predominantly fully furnished offers in the area where your apartment is located, it will be harder to find tenants for an unfurnished unit. Given current rental market trends, potential tenants are looking for attractive offers in new developments. A great example is the Nowa Północ investment, which offers new apartments in Szczecin. This development, while having an intimate character ensuring peace and quiet, also provides close access to the center of the capital of the West Pomeranian Voivodeship.

Reasons to Furnish an Apartment for Rent

Looking at the growing interest in renting furnished apartments, the benefits of this approach become clear. The market for small rentals, such as studio apartments or one- and two-bedroom units, is dominated by furnished offers, leading tenants to seek move-in-ready spaces more often. Unfurnished apartments may take longer to attract tenants who have their own furnishings. Therefore, providing complete furnishings and equipping the apartment contributes to faster rentals, aligning the offer with the preferences of most tenants.

Another significant advantage of a furnished apartment is the potential to charge a higher rent compared to an unfurnished one. Although this doesn’t always mean exceeding the market average, it gives owners confidence that they won't have to lower their rates to attract potential tenants. In fact, the small apartment market is dominated by furnished offers, and the absence of furniture may be perceived as a lower standard, prompting tenants to expect lower rents. Furnishing an apartment is thus an investment that not only attracts tenants but also helps maintain competitiveness in the market.

Which Groups of People Will Find Unfurnished Apartments Attractive?

In the rental market, several groups of tenants distinctly prefer renting unfurnished apartments. This primarily includes families who frequently change their residence for professional reasons. For these individuals, owning their own furniture is a key element of stability in their dynamic lives. They often have complete apartment furnishings that they move from one city to another, and sometimes even between countries. They may only have specific furniture, such as for children's rooms, because ensuring a stable environment for the youngest family members is a priority. These tenants typically seek larger, multi-room apartments since rental costs are often fully or largely covered by their employers.

Moreover, renting an unfurnished apartment is often chosen by large corporations that send their employees to work away from their place of residence. These companies usually have significant financial resources, meaning that as a landlord, you not only avoid tenant-related issues but can also expect a steady and stable income. This is an excellent opportunity to rent out your apartment with a guarantee of regular income and cooperation with reliable tenants.

What Are the Benefits of Renting an Unfurnished Apartment?

Renting an unfurnished apartment, while less popular, can prove to be a more advantageous solution. The lack of furnishings minimizes the risk of damage and related costs. An empty space is harder to destroy, saving the landlord stress and expenses on repairs or replacements. Finding a tenant with a stable professional and financial situation brings an additional benefit—satisfaction with a reliable tenant who treats the rented property as their own. This way, landlords can sleep peacefully without worrying about damage to their belongings.

Apartment for Rent – To Furnish or Not?

The decision to furnish a rental apartment depends on many factors, such as the target tenant group, location, and size of the apartment. In terms of location, new apartments in Szczecin in new developments stand out. By purchasing such a property, you can quickly rent it out for profit.

If you choose to rent a furnished apartment, it's worth investing in solid and functional furniture in a neutral style. Avoiding extreme stylistic choices can increase the apartment's attractiveness to a broad group of potential tenants. Conversely, opting for cheap, worn-out furniture can lower the apartment's standard and attract less desirable tenants.

In summary, the choice between renting a furnished or unfurnished apartment should be considered in the context of potential tenants' preferences and needs. If you do not yet have a good property to rent out, be sure to check out new apartments with balconies in Szczecin. These units offer excellent location and standards, creating suitable conditions for tenants. We warmly invite you to explore the offerings of Ronson Development.