What to Consider Before Buying a Vacation Rental

Today’s home investors are choosing Davenport vacation rentals to attract visitors from all over the world all year round. This Orlando suburb offers the best of both worlds – a quiet, safe community that’s also close to Central Florida’s popular tourist attractions like Disney World and Universal.   

Knowing what to consider before buying a vacation rental home helps you increase the lifetime value of your home. The following are things you need to think about before choosing a home that meets the needs of your rental guests.

Transportation and Access to Local Attractions 

A home’s location is one of the first things people look for when choosing a vacation rental. They want to know they can access local theme parks, events, and other attractions easily.

Travel guests don’t want to spend all their time driving to see the nearby attractions. Finding a vacation home that’s close to surrounding dining, retail, and entertainment options will appeal to more visitors.

Your home’s parking availability and nearby public transportation options can also enhance the appeal of your holiday home and help guests get the most out of their stay. 

Keeping Rental Guests Safe While Giving Them Freedom to Enjoy Their Stay

Homes that are located in safe and secure neighborhoods attract more guests, especially those with children. There are online resources like CrimeReports and Spot Crime that can help you review crime rates in different areas.

Some guests may want to stay in a quiet neighborhood. Choosing a home that isn’t surrounded by traffic or noise pollution can be a plus for your guests. But you also don’t want your guests to be too restricted if they want to play music or have a friendly gathering at your home. It’s wise to consider local noise ordinances to give guests the freedom they want to enjoy their stay.

How Often Will the Home be Booked?

Davenport vacation rentals have the advantage of being located in one of the best places for year-round sunshine and ideal weather. This means you can count on your home to generate bookings throughout the year.

But some months may attract more guests than others. Knowing when the high season is can help you price your home accordingly so you can get a higher return from your investment.

Short-term Rental Friendly Communities

Not every community allows its residents to offer short-term rentals to vacationers. Make sure you check with a real estate agent who specializes in the area in which you want to invest to be sure vacation rentals are allowed. An agent can also check a property’s rental history, so you can get a better idea about whether a particular home will be a good investment for you.

Davenport FL has plenty of short-term rental friendly neighborhoods that also include long-term residents. Team Donovan can steer you to the communities that best fit your style and budget. To learn more about the available Davenport vacation rentals for sale, contact us at (407) 705-2616 to schedule your free consultation today.

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