Hi,
I will shortly be converting part of my home to a 3 bedroom apartment. The Apartment will be attached to my home but there is good isolation from noise etc. I am located on a main road leading directly into a very popular area for tourists. I am also close to one of Ireland's main event centres and outdoor concert venues. There are also a number of race course in the area. I am about 40 mins from Dublin airport.
I would assume that there is good buisness potential but I am unsure what way I should rent the apartment. Options to consider:
1. Should I rent the rooms separately to different guests or should I rent the whole apartment as one unit?
2. Should I concentrate on one/two night rents or longterm rental?
3. Should I provide cooking services?
4. Would this be only a summer business or is there still rental potential during the winter?
I understand that it's not possible to give definite answers to all these questions but I would be interested to hear any advise or opinions.
Thanks