Now a day you will find most of the houses and apartments fully furnished. It will not give you full guarantee that the rent of the furnished flat will be higher. In some cases, you will get a higher rent compared to the unfurnished house but the difference is very nominal for the monthly basis rent. Some properties will require furnishings to maintain a high and exceptional standard.
If you are having a small property like a flat or apartment consisting of only one or two bedroom you need to furnish it because there is a large demand for furnished small properties.
On the other hand, if a person is looking for a big house he is probably having all the furniture that is required and thus he will prefer unfurnished property than the furnished one. There can always be exceptions. You can always find people who are looking for unfurnished small flats and furnished big flats or apartments.
Legally you cannot make any difference between the agreement of a furnished flat and an unfurnished flat. If you are looking for an unfurnished flat than you can only get carpets or any other normal flooring, ovens, curtains, freezer or fridge and in some unfurnished apartment you will also get washing machine. However, in case of a furnished flat you will get all the above and in addition beds, lounge furniture, dining furniture, bathroom furniture etc.
You will be eligible to get a tax allowance of 10 % on wear and tear. For this reason, most of the landowners furnish their property to get the benefit of this tax break. If you have an apartment with furnishing than it will benefit you as most of the tenants look for furnished properties. Furnishing depends on individuals. This is relative as some flats or apartments may have many other things apart from the above-mentioned furnishings.
The minimum furnishings that are present inside the flat or the apartments are kitchen appliances, beds, fixtures and fittings, carpets and curtains and sometimes the lounge furniture is included. On the other hand, you will find landowners who will provide bed linen, kitchen utensils, pans, cutlery, pots, shelving units, crockery, curtains, microwave, toaster, bedside table, vacuum cleaner and kettle. You will find everything that is required in a flat and all the basic amenities.
In case of a furnished flat or apartment, you can immediately occupy and stay in that particular flat. You do not have to take the headache to furnish the flat. The most important thing is that the landowner has to keep in mind is the cost for maintaining the flat or apartment is high in a furnished flat. The 10% wear and tear that they will provide is not at all sufficient if you want to cover the cost for long term. All the furniture should be of good quality specially the electronic appliances to maintain safety. Therefore, the furnished properties are more in demand than the unfurnished properties. This is because as it saves the time of the tenant for selection of the furniture and their shifting.