If you are going to visit countries such as Europe and Australia, you’ll find that temporary lodging is calculated in different time frames — daily, weekly or monthly. This breakdown allows you to match your lodging requirements with the time that you expect to spend in each area. If you are searching for accommodations and come across the term “PCM,” the cost of staying in the unit is being quoted “per calendar month.”
PCM Rent Defined
Whether you are searching for just a room in a hostel or require the complete amenities provided by a house or apartment (flat), you will probably find that they can all be rented PCM. When you see this type of rate listed by a place where you can stay, assume that you can rent the property for a single month. They may also require you to pay a small deposit for cleaning, which may or may not be refunded at the end of your stay. If you are going to be signing a rental contract, be sure to read all of its rules before you sign — rules may be different than your home country.
What Are The Benefits Of PCM Rent?
PCM rent may be beneficial if you are a student, recent graduate or bringing your family along for the adventure. It allows you to know that you have a place to stay when you want to immerse yourself in the culture, attend a summer school session or take part in a number of workshops. It’s important to understand that your monthly lease does not have to begin on the first day of the month. You will often find that you can begin your lease on any day of the month — the lease will last for a 30-day increment. If you know that you are only going to be spending three weeks in a region, you may be able to negotiate a different price with the manager of the property if you communicate your needs. It never hurts to ask!
Some Limitations Of PCM Rent
Some rental properties that are rented PCM will only come unfurnished. If you decide to rent one of these units, you’ll want to check to see if they come with furnishings such as chairs, tables, cooking supplies or beds. If you do choose a unit that only comes unfurnished, be prepared to add the cost of necessities to your budget. In some cases, you may get lucky and a previous tenant will leave their furniture for others to use. However, you cannot rely on this.
Payment Methods For PCM Rent
The payment method that you are required to use for PCM rent will differ in various regions. Some popular methods include electronic payment, cash or a cashiers check. If a personal check is allowed, there may be a delay to allow your check to clear, especially if it’s being cashed in a foreign bank. In addition to these payment methods, you may be required to provide more than one piece of identification.
Now that you understand the meaning of PCM rent, you can easily determine and schedule the accommodations for your next trip abroad.