Short Term Lets Vs Long Term Lets – What’s Best For You?

If you must travel for work, family events, or just for longer than the standard fortnight’s holiday, is it better to stay in long-term or short-term accommodation? This article seeks to put the uncertainty between the two to rest.

When it comes to vacations, few of us ever think about booking a long-term stay. In fact, many of them require you to rent the space for over thirty days if you are staying long-term. This means that most people resort to booking a hotel and never think twice about it.

But what happens if you are staying in a city for a family reunion event? What if a family member is sick, and you need to stay longer than normal? What do you do if you are in town for business and forced to stay there for three full months? It is on these occasions where long term rentals start to look attractive.

Here is the lowdown on either short term or long term lets. Read through the following information to decide which is best for your circumstances.

Short Term Lets Vs Long Term Lets

Short term lets tend to last for less than three months tops. Long term lets can go on for months or even years at a time. Which one you require will depend on why you are visiting in the first place. 

Long Term Lets

Long term leases tend to extend beyond six months. However, this is a matter of perspective. For example, if you are looking for an extended holiday in Canada, you should look into monthly rentals available in Toronto. If you are staying for a couple of weeks, short term lets might challenge the prices a hotel would quote you. Plus, you get the suite for the whole month.

Long term lets best suit those who do not know how long they will be in town for. They are excellent for businesspeople who travel to the city for work and only come home at the weekend. A long term let will typically include better amenities and maybe inside a better quality of building, old or new. These lets have everything you need to live long term in your new city, meaning they have all the comforts of home. 

Short Term Lets

While hotels and bed and breakfast venues only support overnight or long weekend stays, short term lets bridge the gap between those in town for 3 weeks and those in town for two or three months. These lets offer things like laundry services, office spaces, and improved WiFi based on the internet speed of any hotel. Short term leases are more expensive long term than long term leases are. That’s something to keep in mind if your stay becomes extended.

Short term lets are excellent for those who are on short term work projects, who want to visit with family, and who don’t like the expensive prices of staying in a hotel for four weeks. In fact, any time you are considering a month-long stay in any location outside of your home, you ought to check prices on short term lets, too. It may save you a fortune compared to your hotel bills. 

What is Best for You?

In short, a long-term let is better for those who are staying in a place for longer than a fortnight. They may work out cheaper than stay8ing in a hotel for those same two weeks, even if you must pay a monthly deposit. Short term lets, on the other hand, are best for those who are just passing through a town or city. 

Ultimately which of these is best for you depends on your personal circumstances. Follow your needs and you will always choose correctly.