Managing short term rentals comes with high management effort and low certainty regarding future revenue. Hence, operating an investment property on a monthly rental basis is a tempting alternative.
In this video, I analyse the profitability of monthly rentals in Canggu, Bali, based on actual off-plan offers in the area.
I compare with short term rentals and explain differences between short term and monthly rentals and the impact on the location and standards of the property.
#balivilla, #villa, #investment, #property, #canggu, #monthlyrentincome
21 окт 2024