What is short-term letting?

Short-term letting gives homeowners the opportunity to rent out their property for shorter periods. It is especially common in areas with many tourists and business travellers. For guests, it is a great alternative to hotels, offering a more personal and homely atmosphere. In this article, we explain what short-term letting means, why it has become so popular, and what you as a property owner need to consider.

Quote:
"Short-term letting means renting out your home, or part of it, for a shorter period."

Short-term letting means renting out your home, or part of your home, for a short period of time. This usually ranges from a few days to a few weeks. It differs from traditional subletting, which generally lasts for several months or years. With Guestit, you can easily rent out your home to travellers looking for a personal and comfortable alternative to hotels, while earning extra income when you are not using the property yourself.

Short-term letting has become increasingly popular in recent years, especially in large cities and tourist areas. For guests, it is an attractive alternative to hotels because it is often cheaper and provides a more personal and homely experience. Platforms like Guestit make it easy to find and book accommodation, which also contributes to the growing popularity. Guestit simplifies the entire process for both hosts and guests, making short-term letting a convenient and appealing option for everyone.

If you are considering renting out your home short-term, it is important to understand the laws and regulations that apply. In Sweden, permission from the housing association or landlord is often required to sublet a property, even for short periods. There are also tax rules to consider. Income from letting must be declared and may be taxable depending on the amount.

It is also important to follow the rules set by the housing association or landlord and to be considerate of neighbours to avoid disturbances. By understanding the regulations and following the rules, you can avoid potential problems and rent out your home safely for shorter periods.

Renting out your home for shorter periods can offer several advantages. Firstly, it can generate extra income when you are not using the property, which can help cover costs such as rent, loans, or maintenance. Short-term letting also provides greater flexibility compared with long-term subletting because you can decide when and how often you want to rent out your home.

By using Guestit, you can let us handle the entire rental process. We take care of everything from marketing and pricing to guest communication and cleaning. This allows you to enjoy the benefits of short-term letting without having to spend time or effort on administration.