![]() For example, among many esteemed financial benefits, Airbnb-ers in Europe can claim back property furnishings on capital allowances - so long as the property meets the conditions to qualify as "Furnished Holiday Let" of course. Last but not least on the list of favorable Airbnb pros is that property owners in certain parts of the world might be able to take advantage of money-saving governmental schemes. However, Airbnb as a service has some of this covered for any would-be unfortunate guest shenanigans Airbnb's Host Protection Insurance offers landlord liability cover up to one million US dollars for third-party claims of property damage, bodily injury, or loss of earnings - a reassuring, convenient, and exclusive package that is only available to Airbnb hosts, not everyday run-of-the-mill landlords. Moving onto even more methods of cost protection, all landlords should always have insurance to cover themselves and their property in the case of any incidents or accidents - and Airbnb owners are no exception. For the most part, this translates to less time-wear of the property thus lower cleaning and upkeep bills for the owner. This is because, more often than not, they're visiting an area for tourism or business purposes, meaning they're, generally speaking, out and about at work or exploring the area, spending less time indoors. Still, on the topic of wear and tear, Airbnb guests typically don't spend much time at the property. Instead of once in a blue moon, one's Airbnb rental usually gets cleaned at least a couple of times a week in between guests, therefore staying in better shape than one occupied by long-term renters who may or may not employ a mop or a duster - even if only scarcely. The property also gets cleaned far more often than one under a conventional rental agreement. This means that any problems with an owner's property can be discovered and dealt with much faster, preventing further maintenance hiccups and costs down the line. What's more, Airbnb hosts are also able to address issues in good time either by inspection themselves, reports from guests, or from their cleaning staff. ![]() Related: Airbnb Etiquette: Following The Rules In Luxe Lodging This isn't always possible throughout a traditional let, during which landlords have to give due notice and abide by specific rules before being able to even enter their property. But with Airbnb, this doesn't really happen since agreements between guests and hosts do not apply such rigid rules, with contracts being more akin to that of a hotel shorter in duration, and easier on the host.įrom a more convenient point of view, Airbnb renters can also inspect their property frequently, especially during changeovers between guests. For example, in standard renting, if a tenant abuses the property or doesn’t pay rent, the law usually protects the tenant, not the landlord, and it can take a heck of a lot of time and ample amounts of money to evict any unruly tenants and retrieve lost income. In addition, thanks to the nature of Airbnb rental, it also means that potential problematic tenants pose less of a threat than those under a normal tenancy.
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