Condo Insurance

Pros and Cons of a Furnished Condo

Living in a furnished condo can be advantageous for people who don’t have the time or resources to invest in furniture. However, there are certain downsides to opting for this kind of living situation. 

If you need help weighing the ups and downs of furnished units, we’re here to help. Here are the pros and cons of renting out a furnished condo.


  • Cost-effective

You don’t have to spend anything on furniture for a bed or certain appliances. If you don’t plan to live in the condo for long, this can be a cost-effective way to live. Apart from that, a furnished condo unit saves you the money you would otherwise spend for a moving truck, among other things.

  • Stress-free moving

The most significant advantage of renting a furnished condo is fueled by a basic human desire—wanting less stress.  You save a lot of time and money from not moving heavy furniture from Point A to Point B. If you want a smooth moving day where you and your friends don’t complain about back pain from heavy lifting, a furnished condo is just what you need.

  • Practical for short-term stays

People who rent furnished units generally stay for short-term periods. It wouldn’t make sense for these people to buy furniture for a short-term lease for whatever reason. However, renting out a condo that has furniture ready gives them more convenience without having to spend too much.


  • Higher monthly rent

A furnished unit offers additional features in ready-to-use furniture. Landlords may charge you more compared to an unfurnished unit, so make sure you work through how long you’ll need to stay. If you have time to do some math, you’ll figure out if you should furnish an empty unit instead.

  • Security deposit 

A furnished condo means you have higher liability. Broke a bathroom mirror or made a stain on the couch? That’s coming out of your security deposit. If you decide renting a furnished condo is for you, be mindful of the furniture within the unit. You’ll be responsible for it during your stay.

  • Condition of furniture 

Before you consider renting a furnished unit, you have to ask yourself this important question: ‘How sensitive am I to pre-owned furniture?’ You may argue that sleeping in hotels is essentially the same, minus the fact that hotel guests are usually on their best behavior.

The point is—if you’re renting a pre-owned or old unit, the chances are it has seen plenty of renters before you. Not only will you be using used furnishings, but they’re also most likely not in their best shape. Issues may range from a crack on the bathroom tile to a couch leg held up by some books.

Final Thoughts

Living in a furnished unit has its advantages and disadvantages. If you’re going for a short-term stay because of work or school duties, it’s a good call. However, if you’re planning for the long haul, it might not be as practical. It all comes down to you as a renter to think about working around these quirks.

Looking to take extra steps to take care of your rented property? Play it safe by availing condo insurance. With the help of one of the best insurance companies in the Philippines, get thoughtful coverage policies intended to keep you afloat.