[fusion_builder_container hundred_percent=”no” equal_height_columns=”no” menu_anchor=”” hide_on_mobile=”small-visibility,medium-visibility,large-visibility” class=”” id=”” background_color=”” background_image=”” background_position=”center center” background_repeat=”no-repeat” fade=”no” background_parallax=”none” parallax_speed=”0.3″ video_mp4=”” video_webm=”” video_ogv=”” video_url=”” video_aspect_ratio=”16:9″ video_loop=”yes” video_mute=”yes” overlay_color=”” video_preview_image=”” border_size=”” border_color=”” border_style=”solid” padding_top=”” padding_bottom=”” padding_left=”” padding_right=””][fusion_builder_row][fusion_builder_column type=”1_1″ layout=”1_1″ background_position=”left top” background_color=”” border_size=”” border_color=”” border_style=”solid” border_position=”all” spacing=”yes” background_image=”” background_repeat=”no-repeat” padding_top=”” padding_right=”” padding_bottom=”” padding_left=”” margin_top=”0px” margin_bottom=”0px” class=”” id=”” animation_type=”” animation_speed=”0.3″ animation_direction=”left” hide_on_mobile=”small-visibility,medium-visibility,large-visibility” center_content=”no” last=”no” min_height=”” hover_type=”none” link=””][fusion_text columns=”” column_min_width=”” column_spacing=”” rule_style=”default” rule_size=”” rule_color=”” hide_on_mobile=”small-visibility,medium-visibility,large-visibility” class=”” id=””]With Airbnb’s increasing popularity among travellers, those looking to invest in property have idealised the market value of short-term holiday rentals. One could earn 20 to 50 per cent more rental income for a furnished, well-located address marketed as a holiday rental as opposed to a long-term, private rental, so it’s easy to see the appeal. Though, with many leaping at the opportunity to turn investment properties into short-term accommodation, it’s wise to take a step back and objectively evaluate the risks and rewards associated with holiday rentals.

Overshadowed by the allure of a higher income potential, maintenance fees are an often overlooked reality of managing a short-term rental property. Many underestimate the costs of sheet-laundering, toilet rolls, soaps, house-cleaning services and furniture when considering transitioning a property into a holiday rental. Not to mention, the seasonality of holiday rentals’ demand may see a property remain tenant-less for more time than is financially comfortable. I discussed short-term rentals and their investment value with The Weekly Times. Give the article a read here for more thoughts on the topic.[/fusion_text][fusion_text] [/fusion_text][/fusion_builder_column][/fusion_builder_row][/fusion_builder_container]