In recent years, you have surely heard about tourist rentals as one of the various options available to those fortunate enough to have an additional property for income.
Unfortunately, despite its profitability, many consider this solution too challenging and opt for the traditional long-term rental, overlooking the true income potential of short-term leasing.
But how much can you actually earn?
Know that even if not every night is booked, the earnings will still be significantly higher than a long-term rental, with a guaranteed increase of 30% and a higher return of 10%.
You might be thinking that this only applies to properties in city centers, but that’s not the case!
If your property is located in an area outside the city center but is well-connected to transportation or the main city, you can attract a segment of clientele that wants to visit the city but prefers to do so without worrying about restricted traffic zones, expensive parking, and traffic.
And what about damages caused by tenants?
You may have heard stories of landlords facing problems with traditional rentals, to the point of not feeling in control of their own home.
With tourist rentals, you’ll never have to worry about evictions, missed payments, damages, or high consumption…
This is because guests will stay for short periods, and at the end of each stay, the apartment will be cleaned, making it easier to discover any damages left by guests and request compensation.
Now you might be wondering, “how can I do this?”
Did you know there are many specialized agencies that handle all aspects of management, such as reservations, check-ins, property cleaning, etc.? In short, no worries: for a small percentage, these agencies will autonomously manage your property without you ever having to worry about it.
Make your decision and choose the right path!