What Type of Property Should I Buy for a Vacation Rental?

Finding the right vacation rental home gives you a higher return on your investment while making it easy to offer guests the features and amenities they’re looking for in a holiday home.

That’s why more home buyers are choosing from the condos near Disney World for sale when securing a home that meets their financial goals.

But what type of property should you buy? Vacation rental homes come in various sizes and designs that appeal to a wide range of guests.

The Thriving Vacation Rental Market 

Orlando and other popular destinations have plenty of properties for home buyers and their guests to choose from.

The growing demand for vacation homes has driven the thriving real estate market, and travel guests appreciate the space, privacy, and cost-efficiency they offer when compared to resort hotels.

Home buyers must consider the different properties that are available in order to choose the one that leads to more bookings at higher rates throughout the year.

What Orlando Vacation Rentals Offer You and Your Guests 

The vacation homes that are for sale in the Orlando area include condominiums, townhomes, single family homes as well as luxury mansions that accommodate all lifestyles and groups.

Today’s vacation rentals feature large entertainment areas, state-of-the-art kitchens, and outdoor spaces to enjoy the beautiful Florida weather.

Homes in resort communities offer water parks, golf courses, tennis courts, and other amenities. Many provide transportation to the area’s renowned theme parks for residents and guests.

Knowing the features of today’s Orlando vacation rental homes is the first step in buying a property that gives you the highest return on your investment.

Choosing the Best Property for Your Vacation Rental

Single-family homes provide the greatest privacy and security for you and your guests. For homeowners, they make it easy to update their properties and improve its design features to attract more guests at higher rates.

But townhomes and condos offer their own advantages. The price of a condominium is typically lower than a single-family home of the same size.

There are fewer maintenance and repair expenses involved with condos, further lowering their cost over time.

Guests can access community swimming pools and other amenities. It’s often easier to rent a condominium to travelers, reducing the time and cost needed to market your property.

Orlando is the most visited destination in the United States, thanks to the area theme parks, resorts, restaurants and retailers. The area's ability to attract more visitors each year further boosts the growth of the vacation rental market.

Team Donovan specializes in single-family homes and condos near Disney World for sale in Orlando and the surrounding areas.

We work with home buyers from around the world looking to invest in Florida vacation rental properties, and we can help you find the perfect holiday home to use as a second home, or investment as a short-term rental. Contact us today for a free consultation at 407-705-2616. 

 

 

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