Property to Rent | Top Tips Of Renting Out Your Luxury Property

Want to rent out your luxury property? Have a look at our top tips

Click here to view our selection of properties for rent 

 

A luxury home or apartment is a superb investment when you can rent it out to the right type of tenant. This kind of passive income offers a regular stream of cash and is exceptionally fruitful for many property owners. In our current market, lots of individuals are seeking out a property to rent that is best suited to their lifestyles, and it is possible to find tenants that make it all worthwhile. Landing the right renters is not just about the search – there are some things you as a landlord can do to make your search more successful too.

 

Set the right price

 

Set those monthly payments too low, and you widen your target marketing audience to include the kind of tenants you do not want. Set it too high, on the other hand, and you might not find anyone to rent your property at all. A common mistake many owners make is to charge a premium rate because they overestimate the value of the home or apartment, which means that the property sits in the market for ages. The best way of getting the price just right is to compare it to similar properties for rent on the market. This process is far easier with some help from a professional real estate agency with experience in luxury rentals, such as Fine & Country South Africa.

 

Improving the condition of the home

 

Good tenants will have high expectations for a home and will seek out a property to rent that will contribute to a positive rental experience. As landlord, you will therefore need to first ensure that everything within the home is in good working condition. This may mean inspecting and doing repairs on things, such as electrical wiring, plumbing, appliances, and heating and ventilation systems. Also, pay attention to issues, such as water damage, as well as the state of the outside of the home – including the garden.

 

Think about small, inexpensive renovations

 

If your property to rent is in good condition, and no major overhauls are required, then you can still consider a few, small changes. This is because attracting the right tenant contributes to the space becoming a long-term investment. There are several options when giving a home a face-lift, and they do not all need to cost much. A fresh coat of paint in the main living spaces, for example, already does tons to improve the ambience. Other small changes can include changing light fixtures to something more stylish, replacing handles and doorknobs, and finishing off with new cornices throughout the home. All of these details are about leaving prospective tenants with a lasting impression that will set your rental apart from every other property to rent they view.

 

Emphasise major selling points

 

When showing your rental to tenants, it is of the utmost importance that you emphasise everything about the home that makes it a stand-out option. In South Africa, specifically, a top-notch security system is something positive to highlight. Other features, such as a large outdoor space, fun recreational areas, a spacious kitchen, lots of storage, and ample secure parking are all bonuses that draw renters.

 

 Using an experienced agent

 

Whether you are unsure about the kind of tenant you wish to draw, or if you would like to know how to price your property to rent the right way, an experienced real estate agency will help you. This is recommended because it saves on time and money in the long run. Here at Fine & Country South Africa, we have years of expertise and cutting-edge marketing tools that enable us to match landlords with tenants of quality.

 

To get ahead of the process today with expert advice and unparalleled services, be sure to contact us here.

 

DISCOVER MORE ABOUT FINE & COUNTRY

fineandcountry-awards

MULTI-AWARD WINNING


Our consistent efforts to offer innovative marketing combined with a high level of service have been recognised by the industry for an astounding fifth year in a row, winning Best International Real Estate Agency Marketing at the International Residential Property Awards.

INDEPENDENT EXPERTISE


Every Fine & Country agent is a highly proficient and professional independent estate agent, operating to strict codes of conduct and dedicated to you. They will assist, advise and inform you through each stage of the property transaction.

GLOBAL EXPOSURE


With offices in over 300 locations worldwide we combine the widespread exposure of the international marketplace with national marketing campaigns and local expertise and knowledge of carefully selected independent property professionals.

UNIQUE MARKETING APPROACH


People buy as much into lifestyle of a property and its location as they do the bricks and mortar. We utilize sophisticated, intelligent and creative marketing that provides the type of information buyers would never normally see with other agents.

PARK LANE OFFICE


Access the lucrative London and international investor market from our prestigious Park Lane showrooms at 121 Park Lane, Mayfair. Our showrooms in London are amongst the very best placed in Europe, attracting clients from all over the world.

Our International Network


Connecting offices on over 300 locations worldwide, our referral system combines local knowledge and expertise with an international network to find the right buyer for you wherever they are, at the same time as finding you your ideal next move

Our International Websites

United KingdomFranceHungaryCyprusGermanySpainPortugalMauritiusHong KongThailandNamibiaNigeriaSouth AfricaAustraliaFloridaZimbabwe

SOCIAL MEDIA

We interact with customers on the main social media channels including Facebook, Twitter, YouTube, LinkedIn and Pinterest, giving each property maximum online exposure.

 

Media Centre


MEDIA CENTRE Our internal Media Centre is a team of experienced press relations managers and copy writers dedicated to liaising with newspapers, magazines and other media outlets to gain extensive coverage for our properties in national and local media.

media_thumb_crop
ifx_3s

Fine & Country Foreign Exchange


We have partnered with IFX, one of the world’s leading foreign exchange specialists to provide private and tailored currency services for all of our clients buying and selling luxury property around the world. Find out how we can help »