Mr. Lodge GmbH · Barer Str. 32 · 80333 München · 089 340 823-0 · info@mrlodge.de

Which furnished apartments are the most suitable for renting out?


Here we give you an overview of our tenant's requirements and the ideal and most popular apartment sizes for furnished temporary rental.

1-room and 1.5-room apartments

Apartments with a size of approx. 25 to 40 sqm have always been the most sought-after. This type of apartment is easily rented out in the entire Munich city area as well as in suburban areas. Tenants prefer apartments within walking distance to a U-Bahn or S-Bahn station, as the travel time to the workplace is a decisive factor.

Apartments with a small separate sleeping area with window are particularly popular, as they correspond to a 2-room apartment in terms of functionality.

2-room apartment

The second most popular group of furnished properties are the classic 2-room apartments. The optimal size here is +/- 55 sqm.

In comparison, very large 2-room apartments (approx. 75 to 100 sqm) are requested much less, as the advantage of functionality for the tenant is rather small. For a rental price corresponding to this size, at least an upscale and above all central residential location is desirable.

Applicable to 1- to 2-room apartments:

A large roof terrace or a large garden usually has no rental advantage. The tenant of a furnished apartment will most likely not use a large roof terrace as an "extended living room" like a normal tenant during the warm season, because they usually do not have the time for it.

However, most tenants strongly desire a washing machine within the apartment. Therefore the washing machine or even better the washer-dryer should be available in the apartment.

An underground parking space is usually not a really decisive criterion for the tenant with these apartment sizes (as opposed to 3-room apartments or larger properties).


3-room apartments

There is also a strong demand for good 3-room apartments: although considerably less than for 1- and 2-room apartments. The typical size is approx. 75 - 100 sqm. Here too, functionality is far more important than the mere floor space.

Who are the potential clients here? They are the family with a child, the team of two employees who share an apartment, and tenants who prefer more space with a second bedroom for visitors. For this reason, with apartments of this size, tenants generally prefer two proper bedrooms. Depending on the floor plan and room size, a master bedroom with a large double bed (ideally at least 180 x 200 cm) and a second bedroom where the bed measures at least 140 x 200 cm are recommended. A bed measuring 120 x 200 cm may also be sufficient, but it should not be smaller.

In this type of apartment, a study or guest room with a sofa bed is hardly ever requested: in order to be able to work with a notebook or laptop in the apartment, the dining table is usually sufficient for the tenants.

In addition to two proper bedrooms, two complete bathrooms are a big plus for the achievable rent, especially if the property is intended as a shared apartment for employees.

The higher the quality and more representative the apartment, the more important it is for the tenant to have a convenient underground parking space.

4-room-apartments and larger properties

Families with two or more children (and possibly a nanny) as well as project teams (shared apartments) are the typical tenant clientele for this size of apartment. Therefore, these apartments should have three or more bedrooms in addition to the living room.

Not all bedrooms in the apartment must be equipped with a large double bed (see above for the 3-room apartments).

A study and dining room hardly have a positive effect on the rentability of this type of apartment and are usually not a decisive factor for the attainable rent.

With this size of apartment, the number of bathrooms is a very significant factor for rentability. Large families or several colleagues of a project team live much more comfortable if there are two or more bathrooms and they tend to choose the apartment specifically according to this criterion.

The large apartments with four or more rooms are in noticeably less in demand in comparison to the standard 3-room apartments. Nor does the rent increase parallel to the size of the apartment or the number of rooms.


Furnished houses

Fully furnished houses are in a way a market in themselves. The demand for furnished houses is, in comparison, much lower than for furnished apartments.

With regard to the typical tenant groups, the same applies to the 4-room apartments and larger. It is the families with several children and the project teams who are looking for a comfortable number of bedrooms: Not only is the larger living space, but also a sufficient number of bedrooms important to the tenants of houses. A family with, for example, three children and a nanny usually already needs at least four bedrooms. In addition, there is usually room for guests, preferably with proper beds. These tenants tend to find the required number of bedrooms only in a house. Study and dining room, on the other hand, are usually not a real added value for the tenants, even in houses.


Summary:

According to our observations, the compact 1 to 1.5-room apartments are clearly the most in demand. This group is closely followed by the 2-room apartments.

In particular with the 3-room apartments and larger properties, tenants pay attention not only to comfort but also to functionality. This means that in addition to the living room, the number of bedrooms and bathrooms becomes important. Study and dining rooms as well as large roof terraces, on the other hand, generally do not improve the rentability. On the other hand, a convnient underground parking space becomes all the more important with increasing apartment size.

Your apartment is "different"?

Our previous experiences are merely guidelines, not mandatory conditions. Your apartment or house differs from the above mentioned criteria? Nevertheless, please feel free to ask us about the possibilities of furnished rentals. Even apartments and houses with very individual characteristics or completely untypical conditions can conquer a suitable market niche in the furnished sector.

Your contact person:
Lisa Hessner | Tel.: 089 340 823-44 | E-Mail: vermieterberatung@mrlodge.de