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Investing in real estate is a big decision, and choosing between renting your property long-term or turning it into an Airbnb can make a difference in your income and lifestyle. Here, we'll help you decide which option best suits your needs.
1. Income and profitability
- Airbnb: Can generate higher monthly revenue, especially in tourist areas. However, occupancy may vary depending on the season.
- Traditional rental: Offers financial stability with a fixed monthly income, but prices are typically lower than Airbnb.
2. Management and maintenance level
- Airbnb: Requires ongoing management, frequent cleaning, and customer service to maintain good reviews.
- Traditional rental: Less daily management, since the tenant is responsible for basic maintenance.
3. Regulations and additional costs
- Airbnb: Some cities have restrictions on short-term rentals. This also involves additional costs for furniture, services, and platform fees.
- Traditional rental: Subject to lease agreements and local legislation, but with no additional platform costs.
4. Flexibility vs. stability
- Airbnb: Allows you to use the property whenever you want and adjust prices based on demand.
- Traditional rent: Offers stability with contracts ranging from 6 months to one year, reducing income uncertainty.
5. Profile of the ideal owner
- For Airbnb: Ideal if you're looking for higher income and are willing to invest time in management and guest service.
- For traditional rentals: Better if you prefer stability, fewer interactions, and less frequent maintenance.
References
1. Airbnb. (2024). “Guía para anfitriones: Cómo maximizar tus ingresos”.
2. Revista Expansión. (2024). “Rentas vs. Airbnb: pros y contras de cada modelo”.
3. Instituto Nacional de la Vivienda. (2024). “Tendencias en alquileres urbanos”.
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