Short term rental vs long term rental

The business of renting out properties in the Costa del Sol has proven to be highly profitable, with short-term holiday rentals offering a significantly higher return on investment compared to long-term rentals. This article delves into the benefits of opting for short-term holiday rentals, supported by recent data and expert insights.

Lucrative Earnings

One of the primary advantages of short-term holiday rentals is the potential for high earnings. According to Ferran Font, director of Estudios de pisos.com, renting out a property in the Costa del Sol can generate an impressive €1,018 per week. This figure surpasses many other coastal areas in Spain, making it an attractive option for property investors.

High Demand and Appreciation

Coastal properties, particularly in desirable locations like Costa del Sol, consistently appreciate over time and experience high demand, especially during peak tourist seasons. This ongoing demand ensures that rental properties remain occupied, leading to steady income streams for property owners.

Flexibility and Dual Use

Short-term rentals provide the flexibility for owners to use the property themselves during off-peak times while generating income during peak tourist seasons. This dual benefit allows owners to enjoy their holiday home and profit from it when they are not using it.

Increased Rental Rates

Rental rates in the Costa del Sol have seen a significant increase, with a reported 11.14% rise over the last year. This increase is almost double the national average, highlighting the region's strong rental market. For property owners, this translates to higher potential earnings and a more attractive investment opportunity.

Optimized Management with Reviero

Reviero optimizes every aspect of property management to ensure strong returns. From legal support to marketing and guest management, Reviero handles the complexities, allowing owners to focus on the benefits. Their AI-driven insights predict rental income and property appreciation with 96% accuracy, making it a safer and more profitable investment than traditional methods.

Favorable Climate and Tourist Appeal

The Costa del Sol boasts a favorable climate, beautiful landscapes, and rich cultural heritage, making it a popular destination for tourists. This popularity ensures a steady stream of visitors looking for holiday rentals, which, in turn, guarantees continuous rental income for property owners.

The Golden Visa Program

Spain's Golden Visa program offers an attractive pathway to European residency for property investors. This additional benefit not only enhances the appeal of investing in Spanish real estate but also provides long-term advantages for non-resident investors looking to establish a foothold in Europe.

Conclusion

In conclusion, short-term holiday rentals in the Costa del Sol present a more lucrative and flexible investment opportunity compared to long-term rentals. With high demand, increasing rental rates, and the added benefit of enjoying your holiday home, investing in short-term rentals with the support of Reviero's comprehensive management services ensures a high return on investment and a hassle-free ownership experience.