What kind of lease do we sign?+
The form of the contract is settled together, based on the Italian rules that apply to our use of the property and to your circumstances. The tenant is the company named in the lease. We encourage you to have your own adviser read the draft before signing.
What if the rent doesn’t arrive?+
The rent is a contractual obligation, independent of bookings and occupancy. Amount, payment date and method, deposit, any guarantees and the remedies for non-payment are agreed in writing before you sign.
What is the intended use of my property?+
The proposed use is short-stay hospitality. The lease defines permitted uses and the tenant’s responsibilities; any questions about residence or possession must be assessed under applicable law.
How is the 10% above market rent calculated?+
We agree a starting market rent for your property using comparable local rentals, taking account of location, size, condition and furnishings. Our starting rent is 10% above that benchmark. For example, an agreed market rent of €2,000 a month gives a starting rent of €2,200 a month. Subsequent reviews follow the provisions in your lease. The benchmark and final terms are recorded in writing; the example is not a valuation of your property.
How long is the lease?+
We offer long-term leases of 5 years or more. The exact term, renewal options, notice periods and any break provisions are agreed upfront and recorded in the lease, subject to applicable local requirements.
How do the annual rent adjustments work?+
The lease provides for an annual review linked to an agreed consumer price index. The index, reference period, review date, calculation method and any agreed limits are set out in the lease. No future inflation rate or guaranteed amount is assumed.
What if my property needs renovations?+
We assess the work needed to reach our short-stay standards and arrange and pay for the agreed renovations. You approve the scope in writing before work begins. The work, budget, timetable and required permissions are agreed in the proposal and lease documents.
Who keeps the renovations at the end?+
You do. The agreed renovations stay with the property when it is handed back, at no charge to you. The approved works and that commitment are documented upfront in the lease and renovation schedule.
Is end-of-lease repainting really guaranteed?+
Yes. We commit to arranging and paying for repainting at the end of the lease. The areas, preparation, colours, finish and completion timing are agreed before signing and recorded in the lease.
Do I have to hand the property over furnished?+
Not necessarily. We assess the property as it stands. If furnishing or works are needed to reach our standards, the agreed cost is ours. Approved renovations remain with the owner free of charge at handback. The supply and ownership of movable furnishings at handback are agreed separately in the inventory and lease.
Who handles maintenance and repairs?+
We arrange and pay for the maintenance and repairs assigned to us under the lease. Before signing we document the condition of the property and agree the scope, approvals, reporting, and how major or structural issues are handled.
Who pays utilities and building charges?+
How utilities and ordinary and extraordinary building charges are split is set out in the proposal and recorded in the lease, before you sign. Nothing appears as a surprise afterwards.
Can my building object?+
It depends on the condominium rules and local requirements. We check them together before signing: if there are limits on short-stay use we say so openly rather than discovering it later.
What are the tax implications for me?+
Tax obligations relating to rental income remain your responsibility. Check the applicable treatment, reportable amounts and any unpaid rent with your accountant. We do not give tax advice and do not promise any preferential regime.
Who handles CIN, guest reporting and tourist tax?+
We do, as the operator: the CIN application and its use, guest reporting through Alloggiati Web, collection and payment of the tourist tax, and the filings required by the comune and the region, on the terms set out in the lease and under applicable law.
Which cities do you operate in?+
We are building our first portfolio in Rome and Milan. We also assess properties in other Italian cities: write to us and we will tell you frankly whether and when we can take it on.
Can I visit the property during the lease?+
Yes. Periodic visits, with the agreed notice, are provided for in the lease.
Does my rent depend on guest bookings?+
No. Your starting rent includes the 10% premium above the agreed market-rent benchmark, with the annual reviews set out in the lease. Our payment obligations are independent of nightly revenue or occupancy. The payment schedule, term, deposit and review provisions are agreed in writing before you commit.
Who is my tenant?+
We enter into a lease of 5 years or more through the operating entity named in your agreement, and then operate the property as short-stay accommodation with the agreed permissions. Your contractual relationship is with the tenant identified in the lease.
How does the Australian backing work?+
Sydney Short Term Rentals is the business behind our Italian launch. Any formal guarantee must identify the actual legal guarantor, the obligations covered, its duration, and the process for making a claim. These are agreed in the signed documents; the website itself does not create a guarantee.
Can a real estate agent introduce properties?+
Yes. We welcome introductions from agents representing individual landlords or portfolios. We agree the process, your ongoing role, communications and any agency fees before proceeding.
Is every property suitable for short stays?+
Each property needs an individual assessment. Homes that need work are welcome: we can fund agreed renovations where these make the property suitable. We also assess location, layout, the owner’s consent, building requirements and permissions. An introduction does not commit you to a lease or a renovation programme.
What happens at the end of the lease?+
You keep the agreed renovations at no charge. We complete the guaranteed repainting at our cost, arrange the final clean and hand back the property to the documented standard. Notice, renewals, inspections, completion of works and handback responsibilities are agreed in the lease from the start.