Hello @Luis5705 ,
It depends on what you want to achieve, how much effort you are willing to put into it, and the level of risk you are willing to take. Here are some things to consider:
- A guest staying for more than a month is considered a tenant and has legal rights. It is preferable that the tenant is the lessee and not a third-party company.
- Your property is perfect for long-term tenants. You will always have opportunities if you wish to do long-term rentals.
- Short-term rental can be much more profitable, but it depends on how much effort you put into your listing, from setting the correct price that will bring you back-to-back reservations, keeping your hosting level high for good reviews, and handling cleaning yourself or by hiring someone else after each guest. It also involves constant maintenance and learning to say no to some guests.
Consider using the summer of 2024 to gain more experience in short-term rentals and to learn what the real profit you can make from your property is, so you can later compare it to long-term rentals. In three months, when it is the low season, consider long-term rentals on the right platforms.