This week, we’ve discussed how to pick the ideal location for those real estate investors interested in buying a vacation home, and what costs to consider.
Today, we’ll examine what qualities tenants
are looking for in a great vacation
rental.
Privacy
Many people will choose a rental home over a hotel because they don’t want to be away from
the crowds. Vacation homes without noisy elevators or private pool can be quite
attractive to renters looking for some peace and quiet.
Space
Offer as many sleeping areas as possible without making the
home too crowded. Pullout couches, trundles, bunk beds are great ways to
increase the likelihood of renters because you can appeal to bigger-sized
groups. Some people also prefer a rental
property with a fully functioning kitchen so they can cook their own meals,
or an outdoor space where they can barbeque and let their children play.
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Renters like extra beds in vacation properties
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Amenities
Vacationers want to hit the “easy” button when they arrive
to a retreat for several days. So, having on-site laundry, free wi-fi, functioning
kitchen appliances, and good parking are all big plusses. Also, being near a
bus route, bike trail, or having a community gym can be very attractive
property features. The more qualities you can offer, the more likely your
rental will have high occupancy rates all year long.
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