What is a weekly apartment? The differences between a monthly apartment and the advantages and disadvantages explained
What is a Weekly Mansion?
A weekly mansion is a rental property that can be rented for as little as one day. The property itself is the same as a regular rental apartment, but it comes equipped with the necessary furniture and appliances, so you can start your new life right away with just the bare minimum of luggage.
Weekly apartment fee structure
The cost of renting a weekly apartment is basically just the rent for the number of days you will be staying and the cleaning fee. Depending on the management company, you may be charged for excess electricity, gas, or water usage, or for replacing keys, so please check the management company's fee page.
In addition to the required rent, there may be optional packs available for purchase that allow you to purchase daily necessities and consumables in one go.
Differences from monthly apartments
The difference between weekly and monthly apartments is the minimum contract period. The minimum contract period for a monthly apartment is one month (30 days), while for a weekly apartment you can rent it for one week, and depending on the management company, you may be able to rent it for as little as one day. Apart from the contract period, the services offered are almost the same.
Although the content of the service is the same, under the Consumption Tax Act, housing rentals are "non-taxable for stays of more than one month" and "taxable for stays of less than one month," so if you use a weekly apartment for a stay period of less than one month, it may be subject to tax. This cannot be confirmed by the information on the website alone, so please check if you are concerned.
Benefits of Weekly Apartments
- You can sign up for as many days as you need
- No initial costs
- Furniture and appliances are provided
- No need to apply for electricity, water, or gas service
- The screening process is simple and you can move in immediately.
You can sign up for as many days as you need
A major advantage of weekly apartments is that you can sign a contract for only the number of days you need. While most regular rental contracts are for two years, with weekly apartments you can flexibly decide the contract period according to your purpose, from as short as one day, to a few weeks, or even six months.
No initial costs
Weekly apartments do not require any initial costs such as a deposit or key money, which are required for a regular rental contract. You only pay the rent for the number of days you will be staying and the cleaning fee.
Furniture and appliances are provided
Weekly apartments are generally equipped with the necessary furniture and appliances for daily life. In many cases, consumables can also be purchased as an option in one lump sum, so you can move in with just the bare minimum of luggage. Another benefit is that you can start your new life without having to use a moving company.
No need to apply for electricity, water, or gas service
In a weekly apartment, you don't have to apply for electricity, gas, or water service yourself. They are already available when you move in. In addition to essential utilities, many properties nowadays also come equipped with high-speed Wi-Fi.
The screening process is simple and you can move in immediately.
The screening process for weekly apartments is simpler than that for regular rental properties. It also takes a short time to complete the screening process, so you can move in as soon as you need to. Recently, in many cases, screening and moving-in procedures can be completed via email or the web, and there are even management companies that can complete the process from application to key handover in as little as one day.
Disadvantages of Weekly Apartments
- Can't view inside
- Depending on the length of your stay it may be more expensive
- It is not necessarily possible to extend
Can't view inside
Generally, weekly apartments do not allow viewing inside the apartment. This may be a cause for concern for people who want to see the room with their own eyes before moving in. You should use the management company's own online viewing service, or ask any questions you have about the apartment in advance via chat consultation.
Depending on the length of your stay it may be more expensive
Weekly apartments are rental properties intended for short-term contracts. Therefore, they can be expensive for long-term stays. Also, if you are only staying for a few days, a hotel may be cheaper.
It is not necessarily possible to extend
It is not always possible to extend the contract period for a weekly apartment. Basically, you will have to move out when the initial contract period expires. If there is a vacancy, you may be able to extend the contract, but keep in mind that this is not a system where you can extend the contract as long as you like.
Steps to using a weekly apartment
- Search for properties
- Prepare the necessary documents and apply
- Pay the fee
- Receive the key and move in
The process of moving into a weekly apartment is simple.
The documents required will vary depending on the management company, but in many cases a guarantor is not required, and in some cases you can apply with only identification documents.
Payment in advance is the most common method of payment. If you wish to use a different payment method, please contact us.
You may collect the keys on the day via a specified method, or you may have to collect them at the management company's office.
Weekly Mansions are Recommended for the Following People
A weekly apartment is a rental property that can be occupied for as little as one day.
- As a place to stay for a sudden business trip
- As a base for visiting hospitals etc.
- As a place to stay while taking exams
- As a temporary residence during renovation
There are many different reasons why people use weekly apartments, such as:
Please take advantage of our weekly apartments, where you can feel as comfortable as at home even during a short stay.
