Increase Your Income with Sunshine Coast Property Management
- 12 November 2024
- Blog
If you’ve got a rental property on the Sunshine Coast, you’re probably looking for ways to maximise its income potential. Whether you’re... Read More
As an investor in the real estate market, how can you make your money work for you? How about renting out a holiday home on the Sunshine Coast? They generate good income, build value through appreciation, take on less risk, and are pretty easy to manage. However, how can you invest in a holiday home that guarantees high returns? How can you make it more attractive to tenants? That’s where a quality Airbnb property manager can assist.
This article will help you answer these questions and many more. Read on to find an in-depth analysis of what makes a good holiday rental property on the Sunshine Coast.
Any person starting a business must consider the location of their setup. Why is location so important when it comes to holiday rental properties on Sunshine Coast? The rental demand for your property is directly linked to its location.
Holiday rental properties located in developed areas with a growing real estate market attract higher rental income and quality tenants. As such, your location affects the optimal rental strategy and the quality of tenants you get.
When tenants are considering a place to rent, they want to come home to a relaxing and functional space that reduces work for them. With the addition of attractive and useful household amenities to your property, demand for your property will skyrocket.
Household amenities may result in higher rental incomes as your tenants will appreciate the functionality. These amenities include:
The first thing that guests look at when booking a rental is the description of the property. When describing your property, make sure to have a detailed description of everything available and that which is not.
This helps guests to plan accordingly so that they don’t carry things that are already present in the holiday rental. Therefore, tenants can save time when planning and can fully enjoy their stay at the property.
Holiday rental properties are homes that are booked for a short period of time. Therefore, you need to consider the various types of clients that are willing to stay at your property and accommodate them sufficiently. In particular, families that have children are rarely considered when it comes to holiday homes.
As such, ensure that your holiday rental property includes facilities and items that are child-friendly and will ease the burden on parents who want to enjoy a relaxing vacation with their children. Here are some items to include:
There is nothing more disappointing than arriving at a holiday rental that does not match what was listed on a website or brochure. As a holiday rental owner, your rental must match the description of the property.
This helps to build trust with your tenants and improves the ratings you will receive thereafter. Be honest with your tenant about things that count as selling points such as outdoor entertaining areas and parking availability. Moreover, make sure that the photos uploaded to the listing are an exact match to your property.
Investing in a holiday rental property can be a rewarding venture when done the right way. Here at BnB Booking, we pride ourselves on managing holiday rental properties on Sunshine Coast that attract high rental incomes and occupancy rates. With the above guidelines, we are ready to help you to ensure that your holiday rental property lives up to its full potential.
Please call us at BNB Booking today on 1300 146 514 or leave an enquiry and we will get back to you as soon as possible.