When furnishing an apartment or a property, the initial question is whether to rent or buy the required inventory. To make this decision easier, we have tried to sum up some pros and cons of each option.
When should I rent?
You should consider renting if you either want to try renting out a furnished accommodation, or if you are only looking at a time span of up to two to three years. For longer periods you will benefit from buying the furniture instead. We offer three pre-set rental furniture lines that includes all you need to rent out a furnished accommodation, designed to make the process as simple as possible for you.
Benefits of renting furniture
- Affordable – For shorter durations renting is cheaper than buying. And… our prices are based on duration – the longer you rent, the cheaper the fee is per month.
- Sustainable – The most environmentally friendly option.
- Fast – We can deliver promptly.
- Ready-to-go – Pre-set packages, includes everything that you need.
- Flexible – You can shorten or extend the rental duration at any time. Payment in agreed instalments.
- Optional Buy-out – At the end of the rental period, we generally offer a buy-out option should you wish to keep the furniture.
- Optional LDW Peace of Mind Insurance – Accidental damages fully covered, and replacement furniture is sent promptly.
When should I Buy?
If you are committed to renting out your property or apartment furnished, and you are set on doing so for more than three years, buying furniture is the way to go. All-in-all this gives you an overall lower cost, with a range of benefits in customisation of the customer experience.
Benefits of buying furniture with Packimpex
- Choice – Select a budget, style, and inventory per your preferences
- Supply chain – Packimpex has a large, negotiated portfolio of suppliers.
- Fast – In addition to working with furniture manufacturers directly, we also work with wholesalers, with a readily available stock of new furniture.
- All-encompassing – We can take care of all aspects of your newly furnished apartment, from the furnishing to electricity work, painting and much more.
- Interior Design Services – Our pre-negotiated interior design solutions will help you maximise the competitive advantage for your property.
- Rent-to-Own – Our lease programme. Select your furniture, and we calculate a fee in monthly instalments with a residual buyout amount.
- Depreciation – A furniture investment offers opportunities in spreading your investment over a number of years.
Can I get the best of both options?
Yes, Packimpex Smart Furnishing offers competitive leasing solutions, where you can select specific new furniture and pay in monthly instalments over a set duration. At the end of duration, a pre-agreed residual amount is due should you elect to keep the furniture. If you prefer to no longer rent out furnished, or if you want to refurbish with a new style, we will simply collect all and start again.
Housing Turn-Key Services
Packimpex offers a wide range of services which can help you with all aspects of renting out a furnished property or apartment. Contact us for interim tenant cleaning, WiFi/TV/Internet subscriptions and management, Key management solutions and much more.