Renting an apartment is a serious matter. After all, you are looking for a place where you will wake up and go to sleep every day for the next few months, or even years. You could, of course, sift through listings on OLX hoping to find a decent place with a reasonably nice landlord. But there is another option – consider professional leasing. What is professional leasing and what does it offer?
What is professional leasing?
Professional leasing means that the apartment owner is not a private individual who deals with leasing occasionally (i.e., occasional leasing). Professional leasing is conducted by a company whose main business is offering apartments for rent.
Such companies offer entire buildings with apartments for rent. You can therefore choose a place that fits your needs – with different sizes, layouts, or interior colors. They often also offer a package of additional services, such as tenant support or the repair of any defects in the apartment as soon as possible. Since leasing is the main part of their business, tenant satisfaction is their top priority.
What are the advantages of professional leasing?
Professional leasing is a relatively new concept in the Polish property rental market. Therefore, many people approach it with caution. Might it be better to rent an apartment from a private individual? Or decide to take out a mortgage and buy your own place?
However, professional leasing has numerous advantages.
No debt
Why go into debt with a bank when you can pay for a rental that you can simply opt out of? If you do not want to commit to an (unpredictable!) mortgage, professional apartment leasing is an ideal choice. It’s also an option for those who cannot meet the increasingly stringent requirements of banks regarding lending.
Many apartments to choose from
In professional leasing, a company can immediately offer you a variety of apartments to choose from. So, you do not need to arrange meetings with many different owners, waste time on numerous conversations, or view many places.
Safe leasing terms
When you rent an apartment from a company, you are guaranteed that the leasing terms will not change for the entire duration of the agreement. You don’t have to worry that the landlord will increase your rent by 100% month by month, change the rules for utilities billing, or terminate the agreement because they plan to move in themselves.
Flexible leasing terms
Not sure how long you will need the apartment? Or wondering what will happen if you need a bigger place in 3 months? Renting an apartment under professional leasing, you won’t have such worries. Companies typically offer a one-year lease. But you can negotiate any duration of lease, including short-term.
During the lease, you can also easily switch to a larger apartment.
Convenient leasing service
Do you like making payments online? In professional leasing, that’s not a problem. The property owner usually offers an online platform through which you can instantly pay your rent or contact the building administration.
High standard of living
Apartments in professional leasing are fully furnished and equipped with necessary appliances. Therefore, you can move in and live comfortably right away. Wi-Fi access is also standard.
Additionally, apartments for rent from companies are usually located in complexes that have convenient infrastructure – playgrounds, parking lots, squares. There is also security and monitoring of buildings.
Good location
Do you care about a good commute to work? Apartments in professional leasing are usually located in city centers or well-connected districts.
Additional services
With professional leasing, you get more than just a place. You also get rental management and professional service. If there’s a malfunction in the apartment or a neighbor is too loud, you report it to the tenant’s guardian, who will handle the problem.
How about a bike repair station or a cozy co-working space? Yes, residential complexes in professional leasing also offer such amenities.
What are the requirements of professional leasing?
Remember, leasing from a company also comes with certain requirements.
Ability to pay rent
Companies that lease apartments usually check whether your financial situation allows for the payment of rent – looking at your income and your credit history in BIK. Both the company and you thus have certainty that you will not have problems paying rent regularly.
Mandatory deposit
A deposit is a condition for signing a lease agreement. Its amount is set by the leasing company, but it cannot exceed six times the rent at the time of signing the agreement. You receive 100% of the deposit back at the end of the lease.
Who is professional leasing for?
Professional leasing is primarily for those who do not want to permanently tie themselves to one place of residence – they often travel or stay in a city only temporarily for work or studies.
There are also people who do not meet the conditions to take advantage of occasional leasing. This type of lease requires that the person in the lease agreement provides an address of the residence to move to in case of potential eviction and includes the owner’s consent of that residence.
In the case of professional leasing under institutional lease terms, there is no such requirement. Therefore, foreigners who cannot provide a replacement residence often use professional leasing.
It is also worth adding that companies renting apartments have no problem renting to people with pets or families with small children.
What does a professional leasing agreement look like?
Professional leasing always occurs based on a contract. It must be in written form. Companies that lease apartments offer two types of agreements:
- Standard lease agreement.
- Institutional lease agreement.
The agreement must contain all the information that protects both the leasing company and the lessee:
- Duration of the agreement.
- Description of the leased property.
- Rent amount and rules for paying for utilities.
- Duties of the apartment owner.
- Duties of the lessee.
It is worth knowing that in the case of an institutional lease agreement, the lessor must attach a notarial declaration of voluntary submission to execution and the obligation to hand over the leased premises.
How much does professional leasing cost?
Of course, the price of an apartment in professional leasing depends on the specific location, size, and the company itself. Many people believe that private owners offer better prices. And indeed, at first glance, this may seem to be the case.
However, if you want to rent an apartment, check what conditions a private owner offers. It may turn out that a lower price comes with a less transparent system for billing utilities – electricity, water, or garbage removal. Or that you need to invest in a sofa, table, or a minor renovation to move in.
Also, verify what range of services is included in the rental price. Tenant care or apartment cleaning are services that you usually won’t find in private rentals, but are available in professional leasing.
Professional leasing – is it worth deciding?
Will professional leasing become the “first choice” for people looking for an apartment? For now, this form of leasing in Poland is just beginning to gain market traction. More and more people, however, are starting to see the advantages of renting an apartment from companies. If you value flexible contract terms, leasing security, and comprehensive service, professional leasing should definitely catch your attention.
At Urban Home, we are happy to help you find an apartment and offer you professional leasing service. Contact us, and we will answer all your questions. You can move into one of our apartments in just 2 days.
Renting an apartment is a serious matter. After all, you are looking for a place where you will wake up and go to sleep every day for the next few months, or even years. You could, of course, sift through listings on OLX hoping to find a decent place with a reasonably nice landlord. But there is another option – consider professional leasing. What is professional leasing and what does it offer?
What is professional leasing?
Professional leasing means that the apartment owner is not a private individual who deals with leasing occasionally (i.e., occasional leasing). Professional leasing is conducted by a company whose main business is offering apartments for rent.
Such companies offer entire buildings with apartments for rent. You can therefore choose a place that fits your needs – with different sizes, layouts, or interior colors. They often also offer a package of additional services, such as tenant support or the repair of any defects in the apartment as soon as possible. Since leasing is the main part of their business, tenant satisfaction is their top priority.
What are the advantages of professional leasing?
Professional leasing is a relatively new concept in the Polish property rental market. Therefore, many people approach it with caution. Might it be better to rent an apartment from a private individual? Or decide to take out a mortgage and buy your own place?
However, professional leasing has numerous advantages.
No debt
Why go into debt with a bank when you can pay for a rental that you can simply opt out of? If you do not want to commit to an (unpredictable!) mortgage, professional apartment leasing is an ideal choice. It’s also an option for those who cannot meet the increasingly stringent requirements of banks regarding lending.
Many apartments to choose from
In professional leasing, a company can immediately offer you a variety of apartments to choose from. So, you do not need to arrange meetings with many different owners, waste time on numerous conversations, or view many places.
Safe leasing terms
When you rent an apartment from a company, you are guaranteed that the leasing terms will not change for the entire duration of the agreement. You don’t have to worry that the landlord will increase your rent by 100% month by month, change the rules for utilities billing, or terminate the agreement because they plan to move in themselves.
Flexible leasing terms
Not sure how long you will need the apartment? Or wondering what will happen if you need a bigger place in 3 months? Renting an apartment under professional leasing, you won’t have such worries. Companies typically offer a one-year lease. But you can negotiate any duration of lease, including short-term.
During the lease, you can also easily switch to a larger apartment.
Convenient leasing service
Do you like making payments online? In professional leasing, that’s not a problem. The property owner usually offers an online platform through which you can instantly pay your rent or contact the building administration.
High standard of living
Apartments in professional leasing are fully furnished and equipped with necessary appliances. Therefore, you can move in and live comfortably right away. Wi-Fi access is also standard.
Additionally, apartments for rent from companies are usually located in complexes that have convenient infrastructure – playgrounds, parking lots, squares. There is also security and monitoring of buildings.
Good location
Do you care about a good commute to work? Apartments in professional leasing are usually located in city centers or well-connected districts.
Additional services
With professional leasing, you get more than just a place. You also get rental management and professional service. If there’s a malfunction in the apartment or a neighbor is too loud, you report it to the tenant’s guardian, who will handle the problem.
How about a bike repair station or a cozy co-working space? Yes, residential complexes in professional leasing also offer such amenities.
What are the requirements of professional leasing?
Remember, leasing from a company also comes with certain requirements.
Ability to pay rent
Companies that lease apartments usually check whether your financial situation allows for the payment of rent – looking at your income and your credit history in BIK. Both the company and you thus have certainty that you will not have problems paying rent regularly.
Mandatory deposit
A deposit is a condition for signing a lease agreement. Its amount is set by the leasing company, but it cannot exceed six times the rent at the time of signing the agreement. You receive 100% of the deposit back at the end of the lease.
Who is professional leasing for?
Professional leasing is primarily for those who do not want to permanently tie themselves to one place of residence – they often travel or stay in a city only temporarily for work or studies.
There are also people who do not meet the conditions to take advantage of occasional leasing. This type of lease requires that the person in the lease agreement provides an address of the residence to move to in case of potential eviction and includes the owner’s consent of that residence.
In the case of professional leasing under institutional lease terms, there is no such requirement. Therefore, foreigners who cannot provide a replacement residence often use professional leasing.
It is also worth adding that companies renting apartments have no problem renting to people with pets or families with small children.
What does a professional leasing agreement look like?
Professional leasing always occurs based on a contract. It must be in written form. Companies that lease apartments offer two types of agreements:
- Standard lease agreement.
- Institutional lease agreement.
The agreement must contain all the information that protects both the leasing company and the lessee:
- Duration of the agreement.
- Description of the leased property.
- Rent amount and rules for paying for utilities.
- Duties of the apartment owner.
- Duties of the lessee.
It is worth knowing that in the case of an institutional lease agreement, the lessor must attach a notarial declaration of voluntary submission to execution and the obligation to hand over the leased premises.
How much does professional leasing cost?
Of course, the price of an apartment in professional leasing depends on the specific location, size, and the company itself. Many people believe that private owners offer better prices. And indeed, at first glance, this may seem to be the case.
However, if you want to rent an apartment, check what conditions a private owner offers. It may turn out that a lower price comes with a less transparent system for billing utilities – electricity, water, or garbage removal. Or that you need to invest in a sofa, table, or a minor renovation to move in.
Also, verify what range of services is included in the rental price. Tenant care or apartment cleaning are services that you usually won’t find in private rentals, but are available in professional leasing.
Professional leasing – is it worth deciding?
Will professional leasing become the “first choice” for people looking for an apartment? For now, this form of leasing in Poland is just beginning to gain market traction. More and more people, however, are starting to see the advantages of renting an apartment from companies. If you value flexible contract terms, leasing security, and comprehensive service, professional leasing should definitely catch your attention.
At Urban Home, we are happy to help you find an apartment and offer you professional leasing service. Contact us, and we will answer all your questions. You can move into one of our apartments in just 2 days.
