Unfurnished Property

An unfurnished property is delivered without furniture, appliances, or movable fittings, containing only fixed installations like kitchen cabinets and bathroom fixtures, requiring tenant furnishing but offering lower acquisition costs.


Delivered ConditionIncluded
Fixed itemsKitchen cabinets, built-in wardrobes
SystemsAC units, water heaters
FinishesFlooring, paint, fixtures
ExcludedAll furniture, curtains, appliances
Financial ComparisonUnfurnished vs Furnished
Purchase costNo furnishing premium
Rental rate15-25% lower
Tenant profileLong-term, family-oriented
MaintenanceLower, no furniture depreciation
Investment StrategyConsideration
Capital efficiencyLower initial investment
DepreciationMinimal beyond building
Target marketEstablished residents
Lease duration1-2 years typical

Related Terms

Furnished PropertyTenancy ContractExecutive Apartment Investment PropertyFixtures and Fittings,

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