Wondering what to do with your holiday home? Perhaps the bach isn’t used as much as it once was, but you’re not in a position to sell. Or maybe you’re just curious to know how much you could earn. We’ve collated a few top reasons why there’s no time like the present to rent out your holiday home in Aotearoa.
If you’ve found yourself here you’re probably weighing up your options regarding what to do with your holiday home. Perhaps the bach isn’t used as much as it once was, but there’s no way you’re parting with your piece of paradise as it’s still the go-to place for your summer getaways. Or maybe you’re just curious to know how much you could earn.
Renting out your bach is an option to be seriously considered as it gives you the flexibility to visit whenever you want, but while you’re not there, you can open your doors to holidaymakers and earn a nice little additional income! We’ve collated a few top reasons why there’s no time like the present to rent out your holiday home in Aotearoa.
We’re all aware that COVID-19 changed our lives forever. For the foreseeable future, international tourism is off the cards which means that some of the 3 million overseas trips that Kiwis took in 2019, will be replaced with domestic holidays. Statistics New Zealand figures also show that we were spending more on overseas accommodation than ever before, up 40% from 2016. We have already seen from our booking numbers that Kiwis are itching to get out and explore. This welcomes an awesome opportunity to offer up your place to get Kiwis seeing more of New Zealand!
Opening up your home to holidaymakers is a great way to earn some extra income, possibly to fund your next trip, car, DIY project, or just to save for a rainy day. Bachcare Owners earn $30,000 on average per year for a 3 bedroom home! Find out how much you could earn by trying our income calculator, and start thinking about how you could spend that extra pocket money.
This may come as a surprise, but by inviting guests into your holiday home it will end up staying cleaner and more well-maintained. When your bach is left vacant for long periods of time the dust builds up, the creepy crawlies return, and the garden can start to look like a scene from Jumanji. Not to mention, the stale air just from having the windows constantly shut!
When you rent out your holiday home, if you use a property manager like Bachcare, your home will be cleaned professionally or by the guests themselves before leaving, so it’s easy to stay on top of cleanliness. The safety of our guests and staff is of utmost importance to Bachcare so we have recently updated our cleaning guidelines to comply with the recommendations from the Ministry of Health due to COVID-19. Not only will your property remain clean, our Holiday Home Managers can help with additional property maintenance like organising tradespeople and mowing the lawns to keep your home in tip-top shape, even when you’re not around.
Related to the above, there is the added benefit of keeping your home occupied for security reasons. Many properties in top holiday destinations sit empty for weeks at a time. How great would it be to have paying guests simultaneously enjoying your home and making sure your home is secure? With Bachcare, our local Holiday Managers can be additional eyes on your property should you have any concerns while it is empty or occupied!
High growth in holiday home rental websites like Bachcare, and other recognised listing-only sites like Bookabach, Holiday Houses, and Airbnb, means there’s plenty you can do to maximise exposure of your property and the occupancy rate. The good news is that when you list with Bachcare, we can list and manage your property across all the websites mentioned above to gain maximum rental yield. The popularity of holiday home rentals is set to continue with increasing domestic tourism, and the bach, as opposed to a hotel or motel, will always be ingrained in our culture. Most Kiwis will agree there’s no better way to explore our beautiful country!
The great thing about renting out your holiday home is that you can still visit whenever you want! So you can keep living the Kiwi dream and escape the city whenever you feel like it, but earn some extra cash when you let others do the same.
If renting out your holiday home is now feeling like a more viable option, the next typical roadblock is the stress of managing the listing, all the bookings, the availability, plus ongoing maintenance - it’s true that it can seem overwhelming. You’re likely already time poor but would like the rental returns the holiday home could bring. Have a read of our blog post about DIY Home Rentals which discusses this concern in depth.