Temporary rental is a type of rental that differs from more traditional rental contracts without giving up the benefits of renting a primary residence.

It is essential to know how it works and the benefits it offers to both owners and tenants, especially in cities like Madrid, where the demand for temporary housing is constantly growing.

What is temporary rental (alquiler de temporada)?

Temporary rental is a rental agreement for a specific period of time, as opposed to the more common rental type.

This type of rental requires a very open mind, as there are many preconceived notions. It is used for stays that do not have the objective of establishing a home or permanent housing, but rather regulate a temporary stay of non-residents.

It establishes precisely the duration of the occupation of a property or an apartment, through a rental contract.
In addition, the purpose of the stay is clearly specified, excluding use as a habitual residence.

For example, a temporary rental contract can be ideal for employees who are temporarily transferred, students on exchange programs, or professionals participating in specific short-term projects.

Benefits of temporary rental for the owner

Owners benefit by being able to ensure that their property is in good condition after a period of time.

At the end of the contract, they can decide whether or not to renew with the same tenant.
This gives them greater control over the condition of the property and the rental housing management.

A significant advantage of temporary rental is the ability to tailor the terms of the contract to the owner’s needs. This includes flexibility in the length of the rental and the ability to set prices that reflect market conditions and temporary demand.

In addition, because it is not a tourist rental, the use of the property is more stable and predictable.

Benefits for tenants

Tenants also benefit from this type of contract because the minimum rental period is always freely agreed between the tenant and the landlord.

The parties can define the duration of the rental that best suits them, with terms that can vary from short periods of two or three months to contracts that last a year and a half or even longer.

Unlike tourist rentals, which are aimed at very short stays or vacation periods, temporary rental establish a longer duration, allowing tenants to feel more settled.

This flexibility is ideal for students, professionals on temporary projects, and anyone who needs to live in a specific location for a period of time without the commitment of a long-term contract..

In addition, temporary rental offers the opportunity to access fully furnished and equipped properties, making relocation easier and reducing the initial costs associated with setting up a new home.

How should a temporary rental contract be made?

A temporary rental contract should be detailed and specific, designed to serve people who need temporary housing for work, educational or personal reasons.

Every detail must be reflected in the contract, including the tenant’s personal information, the purpose of the stay, and other clauses of the contract.
It is crucial to include an inventory of appliances and equipment in the property, as well as the signatures of both parties as a commitment.

The contract must clearly indicate that it is a temporary rental and distinguish it from a tourist rental.
This protects both the landlord and the tenant and ensures that both parties understand and agree to the terms of the contract.

It is also advisable to include an early termination clause so that both parties know what to expect if they decide to end the contract earlier than agreed.

Conclusion

Temporary rental is a flexible and advantageous solution for both owners and tenants. It offers the possibility to freely agree on the duration of the rental, adapting to the specific needs of both parties.

This type of rental is ideal for those who need a temporary housing solution in a dynamic city like Madrid.

Information about DFLAT Madrid

At DFLAT Madrid we are here to help you with your real estate needs.
Our company is specialized in offering flexible solutions adapted to the needs of those who want to stay in the city temporarily.

If you are owner in Madrid, we can also help you manage your investment. From finding suitable tenants to the daily management of the property, our team of professionals will take care of everything.
We ensure that your property is always in the best condition and generates the maximum possible return.

If you would like to know more about property investors in Madrid, please contact our real estate investors department.

Our apartments are located in strategic areas of Madrid with easy access to universities, business centers and other points of interest.
Each property we manage is fully furnished and ready for occupancy, ensuring a comfortable and hassle-free stay.
We have apartments for travelers on temporary contracts as well as one month rental apartmens in Madrid.