Long-term rental apartments in Italy are an ideal option for anyone who’s travelling on a budget, especially foreign students and recent graduates. They come with a number of benefits, such as having your own kitchen to cook home-made meals so that you can save on eating out, space to share with fellow students so that you can pay less in monthly rent, and a home-like environment that you won’t find in a hostel or backpackers accommodation. Plus, you can experience Italy in an authentic manner by living among the locals in a local neighbourhood.
However, as with anything else, long-term rentals come with their own Pros and Cons, which is why we’ve compiled a list of tips on what you should consider and look out for when it comes to long-term rentals.
On the other hand, renting through an agency presents you with a totally different scenario. For one, the costs are higher, as you’ll be required to make an upfront payment that includes five months’ rent before you even get the keys to the apartment! And the related paperwork can be quite lengthy as well. The only benefit that comes with renting through an agency is the security they provide because they offer a money-back guarantee. An agency will also provide you with a money back guarantee in case your landlord doesn’t hold up their end of the bargain, as well as professionally preparing the legal contracts for you. So it might be worth your while financially and administratively, to rent through an owner instead of an agency, unless you want to have the security of a money guarantee that’s offered by property agencies. The choice is yours.
The Legal Contract
In Italy, rental contracts are controlled by the government, and can be broken down into three categories; starting with a Transitory contract for an 18 month stay, followed by a 3 year contract known as a 3+2 which has an option to renew in two years, and a 4+4 which is valid for four years with the option to renew in four years.
As you can see, we’ve only scratched the surface on this topic, as committing to a long-term rental requires a lot of thought involving various angles and options, and this is only the first in a series of articles covering the topic. So watch out for next week’s Part 2 article, where we’ll be giving you more advice on factors to consider before committing to a long-term rental.
Helping International students and graduates to experience Italy