Owning luxury real estate is a privilege, but it can also come with challenges when it remains unoccupied. Often due to a lack of temporary interest, many owners sometimes end up with vacant assets. This prolonged inactivity can lead not only to gradual deterioration of the property, but also to significant financial losses.
But what should we do? There is a simple solution, which is often underestimated: transform your property into a furnished tourist accommodation.
A property left unoccupied is exposed to significant risks. Not only can it deteriorate over time (humidity, wear, vandalism), but it also becomes a heavy financial burden. Indeed, between property taxes, maintenance costs, and possible repairs, this empty property only weighs on your finances and does not generate any income.
In the eyes of the French, investing in stone remains one of the safest and most sustainable investments. While it does not necessarily offer a very short-term profitability, it does offer a return on investment after several years. For this, the property must be maintained and preserved for future generations.
However, today, owners may find themselves in situations where management becomes impossible, especially in the following cases:
- Fear of rental risks : Some owners of real estate assets consider that the risks are too great compared to the income that renting can bring them (unpaid bills, damage to the property by the tenant, management due to the change of tenant).
- Lack of immediate profitability : In some regions, it may seem difficult to find tenants, making the prospect of managing a property unattractive.
Faced with these problems, furnished tourist accommodation is an intelligent alternative to maintain your property in good condition, while covering costs and increasing its value.
Transforming your passive property into furnished tourist accommodation has several major advantages. First of all, this makes it possible to cover current maintenance costs while preventing the property from deteriorating. Then, in tourist or dynamic areas, furnished tourist rentals are a way of generating higher revenues that allow the property to be maintained and valued by specialized companies, especially during periods of high demand.
But the real benefit is flexibility. You don't need to manage the property yourself. Solutions exist to delegate all or part of rental management:
- Delegated rental management : Specialized agencies can take care of everything, from the marketing of overnight stays to the maintenance of the property. You receive income without having to worry about daily logistics.
- Concierge services : This is an option if your property is suitable for seasonal rental only. In this case, a concierge will simply ensure the reception and rotation of travelers.
With these solutions, you get rid of tedious management while ensuring that your property is occupied, maintained, and generates regular income.
At OIQIA, we offer a complete solution to offer high-end accommodations for wealthy travelers who are looking for quality and comfort. Our expertise in the tourism market allows us to establish strategies for marketing overnight stays and to guarantee the satisfaction of these travelers.
Contrary to what one might think, the transformation of a property into a furnished tourist property is not just a question of rental income. Above all, it ensures regular maintenance of your property, which is essential to maintain its long-term value.
In addition to covering expenses related to the property (maintenance costs, taxes, services), this strategy prevents the property from losing its value due to a lack of maintenance. If you choose to sell your property in the future, a property that is regularly maintained and in good condition will have a higher resale value, ensuring a solid return on investment (ROI).
Leaving a property vacant, regardless of the context, is a mistake that can be costly in the long run. Rather than suffering the deterioration of your property, opt for a solution that not only allows you to cover the expenses, but also to maintain it and increase its value.
Furnished tourist rental is one of the most accessible and flexible solutions. By relying on dedicated management services, you can make your property profitable while having peace of mind. Make your property an asset, not a burden. To do this, you must make your property a treasure popular with travelers. It is important to fully know their expectations and to meet them so that your property can succeed in the tourism market.
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