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Top 5 Benefits of Owning a Vacation Rental Property

Added: Jun 10, 2022
Category: Vacation Rental

A vacation rental property provides tenants with a place to rest and relax during their travels, but owners benefit as well. There are many advantages to owning a vacation rental property, including enjoying passive income and having your own home away from home. In addition, the industry is booming! Now is the perfect time to take advantage of the opportunity and make a major life change.

Top 5 Benefits of Owning a Vacation Rental Property 

  1. Supplementary Income 

For most people, the average salary from a 9-5 job doesn't cover expenses. However, they also don’t have the time or energy required for a second job. Owning a vacation rental property allows you the freedom of passive income. This means that after purchasing and setting up your property, you’ll earn money from the comfort of your own home. If you hire a respected property management company, they can take care of maintenance and other duties while you rake in earnings! 

  1. Have Your Own Getaway 

While renting to guests is a large part of owning a vacation rental property, you also get to enjoy the property yourself. You can own a vacation rental anywhere you’d like, whether it’s in the Swiss Alps or sunny Florida. When you own a property, you don’t have to worry about booking expensive hotels, either. Choose somewhere you love, and take a vacation in your own private getaway.

  1. Make an Investment that Will Pay Off Later 

Vacation rental properties usually increase in value over time, especially if they are located in a high-demand area. Purchasing a second property can be overwhelming at first, but the venture will pay off in the long run. Sprucing up your amenities, upgrading appliances when necessary, and keeping guests happy will boost your ROI (return on investment). Investing in your property will increase your earnings, allowing you to save more in retirement.

  1. Claim Tax Deductions 

Owning a vacation rental property is the same as owning your own business. Therefore, you’ll be able to claim tax deductions you’re eligible for. These can include:

  • Supplies for guests 

  • Property management fees

  • Occupancy taxes

  • Mortgage interest

  • Insurance premiums

  • Utilities

  • and more!

  1. Enjoy a Highly Rewarding Business  

The vacation rental industry is a lucrative one, and many people get into it purely for the income. However, they quickly become passionate about their careers in the process. After all, it is a business that allows you to positively impact others and express yourself creatively. Many vacation rental owners love decorating their rentals, providing extra touches for guests, and connecting with travelers. 

Owning a vacation rental property is a great investment and a rewarding experience. At Kingfisher Vacations, we provide property management services for vacation rental home owners in Sanibel and Captiva, FL. We’ll list, market, rent, clean and maintain your property for you. We’ll also monitor and respond to your vacation rental’s guest reviews. With us, you won’t have to worry about whether or not your guests are satisfied. We’ve got that covered!

Partner with Kingfisher Vacations to Enjoy the Benefits of Owning a Vacation Property

Do you think that owning a vacation rental property is right for you? Our experts at Kingfisher Vacations are here to assist you in marketing your property in Sanibel and Captiva Islands. We have over 56 years of experience in the vacation rental industry and can offer you the absolute best service given our vast knowledge of the area. Our gorgeous private properties have heated pools, hot tubs, stunning ocean views, delightfully bright décor, and boat docks. We provide you with everything you could ever want for your property. Visit our website, email us at info@gokingfisher.com or give us a call today at 239-472-2100.

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About Kingfisher Vacations

At Kingfisher Vacations, we are dedicated to providing exceptional service to both guests and homeowners that goes far beyond the reservation process. So go ahead, give us a call. We are waiting to make your next vacation extraordinary!

Contact Us

11528 Andy Rosse Lane, Captiva, Florida 33924

2402 Palm Ridge Rd Sanibel, Fl 33957

+ 239 472 2100


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