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Short term rentals in Makati are a popular and money-saving decision when looking for lodging rentals. Compared to hotels, renting an apartment or condo in Makati for a short term is quickly becoming a new trend. Prices for Makati short term rentals can usually be found up to 50% less than staying in a hotel. Furthermore, you will have your own place in a nice residential tower away from other tourists and visitors. RentInMakati.com will help you find the best short term rental on your next visit to the Philippines.

Leasing and Renting are common term in the real estate world. However, these commonly used words are often misunderstood. Leasing is usually confused with renting when in truth; these are two very different terms. Renting is being granted occupancy of a property in return for payment of a regular basis. On the other hand, leasing is being granted occupancy of a property under terms of contract.

There are several types of lease. However, the most common leases are long term and short term. From the word itself, long-term lease refers to a longer contract with more binding terms, while a short-term lease is a term where rental fees are paid up front with a basic contract and signature. This lease is commonly chosen by individuals who are unsure of their length of stay in the location or if their length of stay is only a short while.

Many individuals choose a short term lease because of little responsibility and contractual obligation with the property. Typically, renovations are still shouldered by the landlords or owners of the property. Legal issues concerning the property also remain as the liability of the owner. However, as complete rights still remain with the owner of the property, the rights of the tenant is also limited.

For more information on Short Term Rentals in Makati, please Contact us today!

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