If you are thinking about purchasing a property and converting it into an Airbnb investment with the purpose of using it for short term rentals, then you have to do the best you can to maximize its profitability. As an owner and a host you will receive your income from rentals. Usually the revenues that someone receives from renting its property on Airbnb are way more flexible than the usual long term rentals. Specialists from our team will answer to the most common questions we usually hear about transforming a property to an Airbnb rental.

Is my property’s yield guaranteed?

Unfortunately, this is not something that anyone can guarantee.

Although there are tens of different factors that affect the profitability of an Airbnb investment, possibly location and seasonality are the most important ones.

Location: Imagine that you have a villa on the sea, with easy access to public transport and within a short walking distance from all necessary amenities and services. Immediately you understand that this property will yield much higher revenues in comparison with a property located away from the sea, without easy access to the necessary amenities that a tourist might need.

Your property has to be located within close proximity to means of public transportation and have an easy access to all the important spots of your town. Additionally, when it comes to business travelers they are mostly interested into practical properties so decoration and design are not very important for them. For example, if your guest is travelling with a plane early in the morning they will want to have an easy access to the airport.

Location is a very important aspect when you are planning to purchase a property and turn it to Airbnb investment. It is usually the number one criteria for people looking for a place to stay in your area. It is very important to study the needs and expectations of the people that visit your area.

Seasonality: It is expected that your reservation will fluctuate according to the season and the different events that take place in your city. For example, during the summer months’ beach, resorts are crowded with thousands of people that visit Cyprus to bask under the sun in our beautiful sandy beaches, while during the winter; picturesque mountain villages have their honor.

For example, as we all know during the summer one week and one week after the fifteenth of August all beach resorts are close to 100% occupancy rate and all properties can be rented at the highest daily rates that they can get within a season. It is important and always have in mind that with short term rentals you can greatly improve the profitability of your property.

Now you have in mind that seasonality can be as important as the location of the property. Bear in mind that many tourists prefer to travel during the Easter holidays, meaning that your property can be very profitable even during that season of the year and not only through summer. In general, the tourist at beach resorts starts in March and ends in mid-November, with the peak period in June until mid-October.

How can I estimate the potential incomes I will receieve from my Airbnb investment?

Before paying the down payment for the property that you intend to invest in, just make sure to do some calculations first and have an idea how profitable this venture can be. There are two ways to achieve this.

The first way is by using AirDNA, a tool that gathers data from Airbnb and calculates the profitability of a property for the running year based on 4 factors: number of available rooms, the amount of bathrooms and toilets, property address and the maximum occupancy of the property. AirDNA calculates the average daily rate along with the average occupancy rate, for similar properties in the area, and then it combines this information to calculate your possible annual income. For example, a villa close to the beach with an average daily rate of €202 and an occupancy rate of 45% (Approximately 164 days per year) will generate €33128 in revenue.

The second way is to fill EasyStay BnB’s interest form and receive a free property evaluation. Our specialized yield managers will prepare a professional month-to-month analysis based on real data. If you wish for a more accurate analysis, you can schedule a property inspection so that every different characteristics of the property is taken under consideration.

How can I improve my property so that I can transform it to a reliable source of income?

As we have already explained, different factors can affect significantly a property’s returns.

However, we have to clear up some common prejudices. A big property does not always guarantee greater returns. Usually it all comes down to how you organize and optimize the living areas. We suggest you to increase the number of beds within the property. A smaller property can be more profitable than a bigger one. A well cleaned apartment with ample lightning and many beds will be more profitable than a badly organized place even if that one is significantly bigger.

It is very important to spent time in harmonizing the decoration that you have chosen. Potential guests when they check a listing pay great attention to its photos and all the details. Decoration is also important and helps achieve higher occupancy rates at higher prices.

Airbnb has created a big community of hosts and guests, people that have stayed in your property or they can be doing it in the future. This means that the reviews that your guests leave on the platform are very important for your next reservations (and the profitability of your property). In this way, criteria like communication before arrival, the welcoming process, cleanliness of the property and the degree to which property photos correspond to reality are very important. The more flattering the reviews, the more visitors will want to stay at your property and have the amazing experience that only you can offer. Do not leave anything to chance.

EasyStay Bnb is here to help you with your Airbnb investment!

Probably you are now wondering how you can maximize the efficiency of your property, how you too can become an Airbnb SuperHost? It is important to keep in mind that it is not easy to become an Airbnb superhost, if it was everyone would be one, it can be really time consuming and sometimes you may feel overwhelmed. This is where EasyStay BnB comes in. Our team of experts undertakes everything, from your property’s listing creation on all major online platforms, greeting your guests during their check-in up to the post departure cleaning of the property. We are ready to start working with you … are you?

If you are thinking about purchasing a property and converting it into an Airbnb investment with the purpose of using it for short term rentals, then you have to do the best you can to maximize its profitability. As an owner and a host you will receive your income from rentals. Usually the revenues that someone receives from renting its property on Airbnb are way more flexible than the usual long term rentals. Specialists from our team will answer to the most common questions we usually hear about transforming a property to an Airbnb rental.

Is my property’s yield guaranteed?

Unfortunately, this is not something that anyone can guarantee.

Although there are tens of different factors that affect the profitability of an Airbnb investment, possibly location and seasonality are the most important ones.

Location: Imagine that you have a villa on the sea, with easy access to public transport and within a short walking distance from all necessary amenities and services. Immediately you understand that this property will yield much higher revenues in comparison with a property located away from the sea, without easy access to the necessary amenities that a tourist might need.

Your property has to be located within close proximity to means of public transportation and have an easy access to all the important spots of your town. Additionally, when it comes to business travelers they are mostly interested into practical properties so decoration and design are not very important for them. For example, if your guest is travelling with a plane early in the morning they will want to have an easy access to the airport.

Location is a very important aspect when you are planning to purchase a property and turn it to Airbnb investment. It is usually the number one criteria for people looking for a place to stay in your area. It is very important to study the needs and expectations of the people that visit your area.

Seasonality: It is expected that your reservation will fluctuate according to the season and the different events that take place in your city. For example, during the summer months’ beach, resorts are crowded with thousands of people that visit Cyprus to bask under the sun in our beautiful sandy beaches, while during the winter; picturesque mountain villages have their honor.

For example, as we all know during the summer one week and one week after the fifteenth of August all beach resorts are close to 100% occupancy rate and all properties can be rented at the highest daily rates that they can get within a season. It is important and always have in mind that with short term rentals you can greatly improve the profitability of your property.

Now you have in mind that seasonality can be as important as the location of the property. Bear in mind that many tourists prefer to travel during the Easter holidays, meaning that your property can be very profitable even during that season of the year and not only through summer. In general, the tourist at beach resorts starts in March and ends in mid-November, with the peak period in June until mid-October.

How can I estimate the potential incomes I will receieve from my Airbnb investment?

Before paying the down payment for the property that you intend to invest in, just make sure to do some calculations first and have an idea how profitable this venture can be. There are two ways to achieve this.

The first way is by using AirDNA, a tool that gathers data from Airbnb and calculates the profitability of a property for the running year based on 4 factors: number of available rooms, the amount of bathrooms and toilets, property address and the maximum occupancy of the property. AirDNA calculates the average daily rate along with the average occupancy rate, for similar properties in the area, and then it combines this information to calculate your possible annual income. For example, a villa close to the beach with an average daily rate of €202 and an occupancy rate of 45% (Approximately 164 days per year) will generate €33128 in revenue.

The second way is to fill EasyStay BnB’s interest form and receive a free property evaluation. Our specialized yield managers will prepare a professional month-to-month analysis based on real data. If you wish for a more accurate analysis, you can schedule a property inspection so that every different characteristics of the property is taken under consideration.

How can I improve my property so that I can transform it to a reliable source of income?

As we have already explained, different factors can affect significantly a property’s returns.

However, we have to clear up some common prejudices. A big property does not always guarantee greater returns. Usually it all comes down to how you organize and optimize the living areas. We suggest you to increase the number of beds within the property. A smaller property can be more profitable than a bigger one. A well cleaned apartment with ample lightning and many beds will be more profitable than a badly organized place even if that one is significantly bigger.

It is very important to spent time in harmonizing the decoration that you have chosen. Potential guests when they check a listing pay great attention to its photos and all the details. Decoration is also important and helps achieve higher occupancy rates at higher prices.

Airbnb has created a big community of hosts and guests, people that have stayed in your property or they can be doing it in the future. This means that the reviews that your guests leave on the platform are very important for your next reservations (and the profitability of your property). In this way, criteria like communication before arrival, the welcoming process, cleanliness of the property and the degree to which property photos correspond to reality are very important. The more flattering the reviews, the more visitors will want to stay at your property and have the amazing experience that only you can offer. Do not leave anything to chance.

EasyStay Bnb is here to help you with your Airbnb investment!

Probably you are now wondering how you can maximize the efficiency of your property, how you too can become an Airbnb SuperHost? It is important to keep in mind that it is not easy to become an Airbnb superhost, if it was everyone would be one, it can be really time consuming and sometimes you may feel overwhelmed. This is where EasyStay BnB comes in. Our team of experts undertakes everything, from your property’s listing creation on all major online platforms, greeting your guests during their check-in up to the post departure cleaning of the property. We are ready to start working with you … are you?