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At Bachcare, we know there’s a lot to consider when purchasing a second home, so we’ve produced a guide to help prospective owners understand what works in the holiday rental market.

This handy downloadable guide has insights and advice on how to maximise your bach’s potential, what guests are looking for and what keeps them coming back. Location, bedrooms, bathrooms, and amenities can all help increase your revenue and occupancy.

Here’s a quick overview of what’s covered in the Buy/Build guide. Or, enquire now  to receive your copy.

Location

Location is always top of mind when it comes to booking a holiday home. Geographical location and proximity to the water or popular attractions can add significantly to the appeal of one property over another.

Potential earnings from a holiday bach can vary significantly from one location to another. Bachcare data revealing the top booked towns, and highest earning areas confirms those variances.

Want to find about Bachcare’s top earning regions for 2021?

Enquire now  to get the full guide.

Size

When setting up a holiday home it's important to serve the target market by considering number of bedrooms, bathrooms, and space for entertaining.

Bachcare’s average group size is just over five guests which means that homes with 3-4 bedrooms have the broadest rental appeal.

Amenities and extras

The thoughtful provision of amenities, along with extra little touches can generate more positive reviews and help raise income potential. It’s worth noting that with Bachcare, pet-friendly properties get 23% more bookings.

Bachcare provides a handy checklist to ensure that all the basic items are available for your guests.

Revenue and occupancy

Bachcare is the only holiday home management company in New Zealand that has a team dedicated to managing owners’ revenue and occupancy.

Bachcare’s data-driven pricing gives flexibility to adjust your nightly rate to account for demand. If you are self-managing your holiday rental, you are likely maintaining one nightly rate throughout the year and could be missing out on potential bookings.

Our data shows that on average, revenue-managed properties see 16% higher bookings per property and 8% higher revenue per property when compared to a fixed price throughout the year. Read more about how revenue management works here .

Renting out a newly purchased or built holiday home can help cover the cost of maintenance mortgage repayments

Request a free info pack today and find out more about how Bachcare works

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