What is mid-term letting?
Longer than a short stay.
Simpler than a lease.
Mid-term letting refers to rental stays longer than three weeks but under three months. Unlike traditional long-term leases, mid-term bookings do not require a formal lease agreement, providing both flexibility for owners and convenience for tenants.
Similar to short-term rentals, mid-term stays either book direct or through platforms such as Airbnb.
Typically, guests range from corporate though many guests are corporate travellers, relocating professionals, families renovating their homes, or those seeking temporary accommodation for extended stays. Depending on the length of stay, a reduced nightly rate may be offered, while Covara’s management fees adjust according to the lease length to help maximise rental income for you.
Mid-term stays represent a growing share of total booking revenue. We are well placed to find the best guests for your property, corporate travellers, relocating professionals, and discerning guests searching for well-appointed, fully furnished homes. Move-in ready.
