Miami, The Ultimate Place to Invest in a Vacation Rental
Diverse in every sense of the word, Miami is the perfect place to join in on the real estate and vacation rental business. A booming city and a beautiful destination, Miami makes an ideal hub of investment opportunities. Stay with us to learn about seven top reasons why Miami is THE spot to invest in a short term rental home.
1. With tons of locations that are attractive for short stays, Florida is ranked as the 1# state for short term rentals. In Miami, real estate investors are always looking for new opportunities and vacation-hunting consumers are searching for temporary homes.
2. Miami has many lures for vacation rental seekers. Attending a business conference, booking a beachy summer trip, taking your family on a magic Disney vacation, or attending an event or entertainment source that Miami offers daily, are just a few reasons that attract visitors to Miami. People are always looking for a short-term stay and what an opportunity to be the provider!
3. The city has a constant influx of year-round visitors. From Europeans in the summer to South and North Americans in the winter, tourism is always high in Miami. This makes the city an ideal destination to invest in a home that screams vacation and attracts sun-seeking tourists.
6. Luxury Italian restaurant Carbone, Korean steakhouse Cote, and Red Rooster Overtown are just a few of many Manhattan originals that have opened their doors in Miami’s most popular neighborhoods. Famous NYC establishments are now top content on Instagram stories and attracting many tourists to the city. It is hard to beat a short term home that is near these hype locations!
7. One of the benefits of owning a vacation rental property is that you can block-off dates as desired. Miami is an amazing spot for a vacation home where you can go whenever you please and enjoy the city’s limitless entertainment options and beaches.
If this list hasn’t sold you enough on why Miami is the perfect place to invest in a vacation rental, let’s set up a call and discuss more! We’d love to guide you on finding your perfect property, helping with finance programs and recommended insurance plans, managing your bookings, and coming in handy with everything that comes along with running a successful and profitable asset.
