At Villa Vie, rental requests are increasingly numerous, with a wide range of profiles including Mauritians, expatriates, students, telecommuting professionals and many others. Are you the owner of a property in Mauritius and not sure whether to rent furnished or unfurnished? Our experts can help you every step of the rental process.
The advantages of a furnished rental :
Furnished rentals generate higher revenues than unfurnished rentals. In effect, renters are willing to pay a higher rent to benefit from the comfort of a fully furnished property. This allows you to optimize your return on investment and make your property profitable more quickly.
Furnished, fully-equipped rentals often attract higher-income foreign tenants such as expatriates, traveling professionals or international students, increasing your chances of attracting solvent renters.
Furnished rental offers greater flexibility in terms of lease duration. In fact, you can offer short-term or long-term rental contracts; this flexibility allows you to adapt your rental strategy to suit your preferences and market demand, in order to maximize your income.
Mauritius is a popular tourist destination, and furnished rentals offer an excellent opportunity to tap into the vacation rental market. Tourists and travelers are looking for functional, fully furnished accommodation for their stay, allowing you to rent out your property on a short-term basis and earn attractive returns during peak season periods.
A well-maintained, furnished property tends to increase in value. Quality fittings and attractive decoration add value to your property, which can be a valuable asset if you are considering selling your property one day.
An update on regulations:
Before you start renting out your property, it’s important to take into account legal regulations, taxes and safety obligations. In Mauritius, the difference between furnished and unfurnished rentals lies in the laws governing them. Unfurnished rentals are governed by the special law known as “The Landlord and Tenant Act” (LTA), while furnished rentals are governed by the general articles of the Mauritian Civil Code concerning leases.
In the case of unfurnished rentals, the LTA grants special protection to tenants (known as “protected tenants”), strictly limiting the situations in which a landlord can seek eviction of a tenant. Moreover, the court will only grant an eviction order if it considers the eviction reasonable. This is why many landlords prefer to opt for furnished rentals.
Contact Villa Vie to find out more about the advantages of furnished rentals and to obtain professional assistance in renting out your property in Mauritius.
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