Now that the economy is picking up, even the rental market is picking up as well. So, if you are a home owner and are looking to rent out your vacation home on a long-term basis, you will benefit from knowing what amenities renters want. This information will help you charge a premium and ensure that your property hardly stays vacant.
Most renters are looking for modern kitchens with all kinds of appliances and gadgets. So, make sure that the kitchen is equipped with a dishwasher, espresso machine, waffle maker, juicer, slow cooker, blender, food processor, microwave and any other appliance you can think of to make the life of your renters easy. In addition, ensure that there are high-quality utensils and dishes in the kitchen.
Balconies, terraces, decks and patios are extremely attractive features, and if your home does not have one, look to get one constructed. It will not only increase the value of your property, it will also help to attract renters. Whether you are looking for a short-term or long-term tenant, they will love to spend time sitting outside and enjoying fresh air, the garden, the birds and the butterflies.
It goes without saying that if a person is on a vacation, they would love to spend time relaxing, and there is nothing like a pool to attract vacationers. If you do not have a pool in your property, do not worry. Look for a community pool in the neighbourhood that can add value to your property.
Families with children will look for a playground near the home and indoor games like Pool, Snooker . So, scout your neighborhood and check out the amenities the playground has so that you can inform potential renters with kids about it. It will make your property more attractive for short-term and long-term rental.
If your property is located in cooler climates, you will benefit from installing a fireplace in the family room. It will keep your renters warm and also make the room more inviting and cozy. If the property is located in a warmer climate, you can still have a fireplace, though it should be located outdoors. Instead of a fireplace, you can even think of getting a fire pit built into the yard, which is also quite good for family barbecues.
Make sure that you have a television and satellite or cable connection. A high definition television is always being attractive, especially if you are renting out your property on a short-term basis. Renters can use the television to attach their gaming devices and spend time indoors when they are not sightseeing. Of course, cable or satellite connection is a bonus that will ensure that your renters never miss their favorite program!
Today, people are spending a lot of time on the Internet, even using it to scout for property that they would like to rent. So, it makes sense to have Wi-Fi connectivity in your property so that your renters can surf the web from any location using their laptops or smartphones.
Homes that are located in warmer temperatures are more attractive if they have air conditioning. So, install air conditioning in your home and see how the occupancy rate shoots up!
A garage is convenient and safe. It means that your renters will not have to park their vehicle on the road and worry about it. So, get one constructed with a door that leads into the house.
If you have been turning away renters with dogs, it is time to rethink that. People love their dogs and treat them like a part of the family. You will have a higher occupancy rate if you allow your renters to bring along their pets.
Besides these amenities, you should also change and make it convenient your method of accepting payment to attract more renters. You can make it more convenient for your renters by accepting credit card or electronic payments. Credit card payments may allow your renters to get rewards from their credit card provider, and this will make it more attractive for them to use it. On the other hand, electronic payments are quick and convenient for both the owner and renter.
While all above amenities are the most famous among travellers, be certain to highlight anything unique about your rental and you will surely provide guests with a best stay.