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Short-term rentals can be up to 60% more profitable

The different digital platforms for vacation or temporary accommodation have given a new model of short-term rentals, which has greater benefits compared to traditional rentals.

According to data provided by Airbnb, there is a high demand for apartments, homes and / or studios that are located on beaches, magical towns, forests, etc. These areas have registered growth levels of up to 700% in the number of units within the same platform. Likewise, 16% in the daily rate.

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The advantages of short-term rentals over fixed ones are that they can have up to a 60% higher profitability and a faster return on investment; On the other hand, the income can have an advance of two to three months since the client pays an amount to secure the reservation; In addition, the owner sets the rate he wants to earn, considering the 3% that platforms such as Airbnb request. Unlike fixed rentals, whose main disadvantage is that people can go more than a month without generating income.

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Currently there are more properties in this short-term rental modality, since there is a wide variety of places to choose from as a consumer and as an owner to choose the best platform when it comes to generating income.
At Jungle Realtor we will help you find the property you always dreamed of, since we have the properties in Playa del Carmen and Tulum.

by: Giovana Glz