How does short-term rental work in Milan? We answer all the most frequently asked questions. Write for more information.
How much can I earn with my apartment?
We evaluate every aspect of your home, such as location, appeal, and seasonality, to provide you with a real income estimate. The key elements are always two: average rates applied and monthly occupancy rates. Contact us to receive a non-binding estimate.
Are short-term rentals in Milan binding?
The great advantage of short-term rental compared to traditional leases is being able to have your apartment available in a short time, without having to wait for the multi-year deadlines of traditional leases. Therefore, rentals are binding only for the short period they are rented, compared to the long periods of traditional rentals.
How often do I receive payments?
The payment frequency is monthly. Therefore, you can receive the earnings generated by the short-term rentals of your property on a monthly basis.
Is there a risk of default?
Each guest makes the full payment for the stay before check-in. Therefore, the risk of default in short-term rentals is zero compared to traditional rentals.
Where can I view all the bookings and payment details?
By accessing the link vr.krossbooking.com/ihost you will have a complete view of your apartment, with bookings, earnings, and much more. It is also available on mobile.
Who handles the bureaucratic start-up of a new apartment?
The bureaucratic start-up is entirely the responsibility of I-Host. The apartment does not go online if the bureaucratic part is not completed. Therefore, the bureaucratic part is initiated immediately after the management contract is signed.
Photo shoot: how does it work in short-term rental in Milan?
The photo shoot and its cost are borne by I-Host. We organize a professional photo shoot of the apartment and prepare the online profile according to the highest industry standards.
How does the Flat Rate Tax and taxation in general work?
The Owner, during the collaboration with I-Host, remains the holder of the lease agreements with the guests.
The tax legislation requires the owner to pay a tax on the rental income.
- If the owner is an individual, they can choose whether to apply the flat rate tax regime (fixed taxation at 21%) or the ordinary regime (marginal rate based on the income bracket). This choice is made at the time of the tax return.
- If the owner is a company, the tax legislation on business income will apply.
What is the "break-in" period?
Every newly started apartment requires a certain break-in period before it begins to generate adequate income. This break-in period can be more or less short depending on the time of year (high or low season) when the apartment was started.
More information about short-term rentals in Milan?
Fill out the form, and we will get back to you as soon as possible.
More information about short-term rentals in Milan?
Fill out the form, and we will get back to you as soon as possible.
