A short-term rental is a furnished living space available for short periods of time, from a few days to weeks on end. Short-term rentals are also commonly known as vacation rentals and are considered an alternative to a hotel.
At Golf Shores Resort Condominiums, our vibrant homeowners community is provided with the opportunity to rent out their condos as short-term rentals, allowing them to generate extra income while they are away. Our resort boasts a diverse selection of duplex units that offer a unique advantage – while you enjoy the multitude of amenities at our luxurious resort, you can simultaneously earn income from the other room in your duplex unit.
Understanding short-term rentals
Numerous individuals who possess a second home or vacation property have discovered a lucrative way to earn income by renting out their homes during their absence.
Short-term rentals, primarily utilized by vacationers, can range from a few nights to several weeks, and some are even leased for up to a month. Typically, any rental period under six months falls under the category of short-term rental.
Homeowners choose short-term rentals for a variety of reasons, including:
Additional Income: Short-term rentals provide homeowners with an opportunity to generate extra income by renting out their property when they are not using it. This additional income can help offset mortgage payments, property maintenance costs, or even serve as a profitable investment.
Flexibility: Short-term rentals offer homeowners flexibility in terms of property usage. They can use their property whenever they want and rent it out for the remaining time. This allows homeowners to enjoy their property for personal use while still maximizing its earning potential.
Vacation Home Utilization: Many homeowners own vacation properties that are only used for a portion of the year. Renting out the property as a short-term rental allows them to make better use of the home during the periods when they are not personally occupying it.
Control and Monitoring: With short-term rentals, homeowners can have more control over who stays in their property and when. They can set specific rental terms, screen guests, and have direct communication with renters. This control enables homeowners to maintain the condition and security of their property.
Market Demand: Short-term rentals are often in high demand, particularly in popular tourist destinations or areas with limited hotel accommodations. Homeowners can take advantage of this demand and command higher rental rates during peak seasons, maximizing their rental income potential.
Property Management Services: Homeowners who prefer not to handle the day-to-day operations of renting out their property can enlist the services of property management companies. These companies handle tasks such as guest bookings, check-ins, cleaning, and maintenance, making the process more convenient for homeowners.
If you are interested in learning more about the benefits of buying your vacation home at Golf Shores Resort Condominiums please email us at sales@golfshorescondos.com.
We have over 42 fully furnished units available for move in offering either golf course views or lakeside views. We have quality amenities to keep you engaged like a spa room, sauna room, movie theater room, ATV trails, biking trails, and boat dock on the lake for fun in the sun!
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