Are there any disadvantages to monthly apartments? Things to be aware of and when they are suitable
Unlike regular rental properties, monthly apartments are convenient accommodations that can be used for short periods of time, from about a week to a few months. Monthly apartments have many advantages, such as a wide range of options and easy contract procedures, but due to their nature, there may also be some disadvantages.
In this article, we will introduce the things you should know when using a monthly apartment, as well as the situations in which they are suitable for use, for those who are unsure about using one.
Monthly apartments also have their downsides
The biggest feature of monthly apartments is that they are designed for short-term residence. Inevitably, their benefits are limited to those who need a place to live for a limited period of time.
If there are any disadvantages to using a monthly apartment, they are likely due to the conditions and rules specific to short-term use.
Disadvantages of monthly apartments
We will explain in detail the disadvantages of monthly apartments.
You cannot select furniture and appliances individually.
Monthly apartments come equipped with the necessary furniture and appliances for daily life. While this has the advantage of allowing you to start living right away, it also means that your options are inevitably limited. This may be frustrating for those who are particular about the interior and the furniture and appliances they use.
At Livmax Monthly Apartments, we offer several property series to suit the interior atmosphere and grade.
List of available room types | Monthly Apartment Livemax
I can't transfer my residence certificate
Under Japanese law, you are required to transfer your residence certificate when you change your residence. However, this is only when your main residence changes for a period of one year or more. It is not customary to transfer your residence certificate when you move for a limited period of one year or less or when you live in a temporary residence.
If you are planning to leave your main residence and stay for a long period of time (more than a year), we recommend that you consider standard rental accommodation.
It may not be possible to view the property
For regular rental properties, you can actually visit the property to check the details, but with monthly apartments, which are mostly short-term contracts, it is often not possible to view the property inside.
At Monthly Apartment Livemax, we offer digital viewings using 360-degree panoramic photos. We recommend this option because it allows you to view the interior of the property in a realistic way that makes you feel as if you are actually there.
Monthly rent is high
The average rent for a monthly apartment is set at about 20% higher than that of a regular rental property, so if you stay for a long period of time, your expenses may increase.
On the other hand, in most cases, you do not need to pay the initial costs such as a security deposit, key money, or brokerage fee that are required when signing a general rental property contract. If you are using the property for a short period of time, you may be able to reduce costs.
If you are staying for less than six months, we recommend that you look for a monthly apartment, but if you are staying for a year or more, you should also consider regular rental properties.
Situations where monthly apartments are suitable
I want to live for a short period of time
Monthly apartments are recommended when you need a place to live for a fixed, short period of time, such as when you need a place to live for work due to a business trip or a job transfer, or when you need temporary housing before renovating or moving to a new property.
Immediate housing needed
A monthly apartment is also recommended if, for some reason, you are no longer able to live in your current residence and you are in a tight spot due to time constraints, such as "Oh no, I don't have the time to leisurely go through the procedures for a regular rental property."
I don't have enough time to prepare for the move
If you are too busy to take your time preparing for the move, or you won't be able to finish preparations in time for the scheduled move date, and you don't have enough time to pack and prepare in advance, you could consider moving to a monthly apartment first.
summary
Monthly apartments are a very convenient option for people in certain circumstances. If you are considering using one, you can ensure a comfortable stay by fully understanding the disadvantages listed in this article.
