Preparing Your Villa for Potential Short-Term Rentals

22 November 2018 Thursday 09:08
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Preparing Your Villa for Potential Short-Term Rentals

The good thing about purchasing a villa is that you can open it up for short-term rental. You can find people who would like to stay in the property during their holiday. Even if you spent a lot of money buying your villa, you could gradually make a profit out of it through these rentals. However, in the location of your villa, there might be other properties that are also up for lease. Therefore, you need to prepare it thoroughly to ensure that travellers will choose your property.

Hire a caretaker

You need someone to maintain the place. When people see the images of the villa online, they are expecting it to be the same in reality, otherwise they will feel disappointed. It helps if you can hire a caretaker to do the job. You will have someone fixing the roof, addressing clogging issues, repairing broken outlets, and making sure that the place is clean before the arrival of the guests. You won’t need to be there to do the job if you pay a caretaker to help you maintain the property.

Ensure the safety of the place

Your guests need to be safe when they rent the villa. Make sure that the smoke detectors are working. If you can install security cameras, they are helpful. You also need to have fire extinguishers. You could end up with lawsuits should anything happen, and you were guilty of not ensuring the safety of the place.

Buy quality furniture

When you bought the villa, it might have come with all the things inside. However, if you purchased the property without anything in it, you need to invest in quality furniture. You want the guests to feel relaxed when they use the villa. It is not enough to have huge bedrooms and a swimming pool to convince them to rent the place. They also need kitchen appliances since they will probably cook, as villas are quite far from other key locations.

Determine the market value of the property

You need to know how much other properties in the area are worth to determine the price of the villa rental. You can't go too high, or else people will choose other nearby villas. You also can't go too low since you are looking to make a good profit.

Focus on advertising the place

You want people to know that your villa exists, and they can rent it during their vacation. You can sign up for sites that allow property owners to show the details of the property and make an instant reservation. It is not enough having a beautiful villa if no one knows about it.

After doing all these things, you are ready to offer the villa for rental. If you are yet to buy a villa, take a look at the choices at www.watkinswilson.com. Given the location of those villas along with the features available, you can be sure that people will consider renting the property for their trip.

Updated: 27.11.2018 05:26