We’re thrilled to share some exciting news from September, a month that exceeded our expectations in terms of villa rentals.
September’s Solid Demand: A Snapshot of Success
In September 2023, our villas experienced a robust demand from guests, resulting in impressive gross rental income figures.
The villas, each featuring 3 bedrooms and accommodating up to 8 guests, boasted amenities such as a swimming pool, sea view, and stellar reviews.
Impressive Gross Rental Income: Breaking Down the Numbers
The collective gross rental income for September surpassed €5900 – an outstanding achievement that significantly outperformed the previous year’s results.
One standout villa achieved over €5600 in gross rental income, despite the owners spending a week enjoying their own villa in the early part of September.
The Potential for Higher Income: Unlocking Possibilities
Although the villa’s performance was commendable, the potential income could have been even higher, reaching at least €7000.
The owners’ one-week stay in the villa resulted in a missed opportunity to maximize rental potential, indicating the untapped possibilities for future returns.
September’s Rental Insights: A Promising Outlook
The overall results for September exceeded those of 2022, with an increase in both the number of bookings and the daily price.
As we enter the first week of October, our villas are once again hosting guests, showcasing the continued demand for accommodation in the beautiful region of Istria.
Unlocking the Full Potential of September Rentals: A Strategy for Success
September presents a unique opportunity for last-minute bookings, with guests often making spontaneous decisions to secure their ideal villa.
In the past two weeks alone, we’ve experienced three instances of guests booking on the same day or the day before their stay.
To maximize your rental income, consider keeping your villas consistently ready and available for guests, especially during this period of spontaneous bookings.
For owners, delaying personal stays in your villa until later in the year could further optimize your rental potential.
Of course, the decision depends on your priorities and preferences as an owner.
A Look Ahead
As we reflect on the success of September, we’re optimistic about the future.
With the right strategies in place, our villas have the potential to become sought-after retreats, offering guests unforgettable experiences in the heart of Istria.