In the next two newsletters, we will cover different letting strategies and how you can tailor the strategy based on your unit and your objectives.
What letting strategy to implement is highly dependent on your vision and how we can assist you getting from A to B with your investment. The features of the unit, what access you require to the property and the market conditions are some of the more important factors to consider when you decide what strategy suits your investment. Holiday letting on the Gold Coast is very popular and for good reason, we’ve outlined the benefits for you…
Holiday Letting Benefits:
Flexibility – During your ownership, you can at any time go to Holiday Holiday’s website and check the live availability of your unit and “book” the nights you want to come stay. See sample apartment listing and click on the live calendar here.
The best time to come and stay in your unit is in the off-peak months. This way your stay does not affect the return in a significant way. As the property owner, your use takes priority over others so there are no restriction in owner stays when your property is managed by us. The only direct associated cost for your owner stay is the cleaning fee.
Returns – As discussed in the previous newsletter, the letting ability can significantly affect the returns. A unit in great condition, at a good location and with amazing views will always perform very well in our holiday letting pool and in most scenarios, beating the returns of any other letting strategy. Partly because the systems we have in place are designed to keep expenses low without sacrificing on quality, partly because the care and devotion that goes into every single unit under our management.
In the next part, we will cover features and benefits with permanent letting as well as mixing the two over different seasons. So, hang tight!
To see if you can list your property with Holiday Holiday and check your live availability anytime, anywhere, reply to this newsletter or send an email to jens@gcpropertyexpo.com.au with your name and property address.