As a result of the COVID pandemic and the tremendous setback that the tourism sector has suffered in Spain, the operators and owners of tourist apartments have been forced to adapt to the new reality of the market and look for alternatives. In these circumstances, the seasonal rental has been presented as a great solution to this type of accommodation.
Over the last few months we have seen how a large number of properties that were previously focused on tourist rental, have switched to the seasonal rental model. The advantages of this type of rental are many.
The profile of the client of the seasonal rental is completely different from the profile of the tourist rental. The clients are not tourists who come just to spend a few days, but rather they are people who for work or study reasons must move to another city or country for several months. For this reason, seasonal rental offers owners greater stability than tourist rental, especially in times of pandemic. The average duration of this type of rental is 9 months, so that a sustained profitability is ensured over time, and not as seasonal as the tourist rental.
Regarding the conservation of the state of the properties, the seasonal rental also comes out winning, since the apartments wear away less, as there is less traffic of tenants.
If you are the owner of a tourist apartment and want to make it profitable, at Ivory Escapes we have more than 10 years of experience in the seasonal rental sector and we can help you.
Do not hesitate and contact us. We will be happy to assess the property and help you to put it into the market in the shortest possible time.
This post is also available in: Spanish