Everyone looks at Asia and the first thing that people think of is that hotels are so much cheaper than they are in the rest of the world. This is quite often the case but it isn’t the only thing which is cheaper. I will let you into a little secret. Property prices tend to be a lot cheaper too. With cheaper property prices, people can afford to rent out their places on the short term rental market at a lot cheaper prices. If you are looking for more space the next time you visit Asia then it may be worth looking for a vacation rental to stay in. So let’s take a look at the question at hand, why use short term rentals in Asia?
Cheaper than hotels!
You can usually get a nice villa or at least a couple of bedroom apartment for a cheaper price than you would a hotel of comparative quality. The price is often cheaper and you are not stung by the costs of a minibar service etc. Short term rentals and residential properties in Asia tend to be in good locations and near the amenities that you need. There is a high chance that you will have a 7/11 nearby. If one is not next door or within a couple of minutes walk then I would be super surprised!
Near enough private swimming pools!
Let’s look at another little secret for your time in Asia. A lot of the properties will have a swimming pool and a fitness centre, this means that you can keep fit and relax on your travels. One of the things that is a little lesser known is that quite often the locals who are staying in the same building will take these facilities for granted and will not use them very often. This will give you the chance to have pretty much your own private pool and gym. We are probably guilty of this, when we looked around the team and asked when we last went into the pool or visited the residential fitness facilities, we couldn’t remember!
Everyone wants to be treated like a local when they travel right? You don’t want everyone to know you are a tourist whenever you step outside. Of course, when you visit Asia you will often have a hard time fitting in purely because of the distinct physical differences between Asian people and the rest of the world. If you are however staying in a short term rental of a residential property then it will show people that you are at least thinking outside the box a little. What we have found very positive also is the fact that if a taxi is going to be picking you up from a residential unit where they know other locals live, they will treat you like a local. You are less likely to have to deal with all the arguments and pain to get them to use the meter. They will just do it.
Have an empty property in Asia?
If you have an empty property in Asia and would like to make more money from it than a traditional rental then it would be wise to think about putting it on the short term rental market. I know what you are thinking, I have no experience of doing this! Have no fear, Roomfilla are the experts in providing the service so that you can sit back, relax and watch the additional income roll into your pockets. Sound good? Check out our form to get started here.