Temporary rental for your property: fighting against uncertainty

Many people in Buenos Aires, who live on rent or have an apartment and put it on rent, know how complicated this can be. Especially on these days, where prices raise too quickly and yet the rent they receive, doesn't.

Since long-let contracts in Argentina must be of a minimum of 2 years, and rent prices don't go together with the general prices’ rise, a good solution for all this uncertainty might be to short-let your property.

If you rent your property temporarily, you will have the chance of adjusting the prices in an easy manner. If general prices go up in a short period, you can adjusted monthly, weekly,...according to your needs.

Plus, if you have your property on temporary rental, you may check between tenants, and so you can repair things, paint, etc., without having to arrange with a tenant or anybody. This is also good, since it avoids the property to ruin too fast, for lack of maintenance.

Moreover, if you have short-let contract, you can avoid having to deal with tenants who don’t pay their rent for months. If this happens, that persone won’t be back, and you wouldn’t have lost too much money.

Another reason for putting your property into temporary rental is the dollar situation. Argentina is going through a very unstable time, and it is hard to get dollars or change them. If you cash your rent in dollars, it is convenient for you, and for your tenant (if he is from another country), since you won't have to be doing currency exchanges.

So, due to the great uncertainty Argentina is going through, you shouldn‘t doubt in putting your property into the short-let business; it is far more advantageous than renting it in the usual way. You should definitely consider it. Do the math and see which is better for you.