Beautiful beaches, majestic architecture, and a rich history are just some of the things you can find in Panama. The country has become an incredible tourist destination over the years, attracting millions of people from all over the world. So if you’re starting to think that investing in a vacation rental in Boquete, Panama is a good idea, you’re right.
Top
reasons to invest in vacation rentals
in Boquete, Panama
·
Earn a sizable income
Renting
out a property can give you a good source of cash flow over time. Not to
mention, more and more travelers are starting to prefer short-term rentals over
hotels. Airbnb rentals, for instance, are steadily growing in popularity,
preferred by tourists for their affordability, convenience, and availability of
household amenities.
Take
note that if you intend to operate your vacation home as an Airbnb in Panama,
you must register it as a short-term rental and obtain a vacation rental
license. The average rate for Airbnb homes in Boquete is $92 per day, with
single-night stays being the most popular option.
·
Become a homeowner
Owning
a home in Panama gives you complete control over the property. If, for
instance, you decide to stay in the country for an extended period, you can
stop taking short-term rental applications and use the home for yourself. This
way, you can save money on accommodations while still earning money in the long
run.
·
Take advantage of the local
market.
Tourists
will never run out of things to do in Boquete, from rafting on the Chiquiri
Viejo river to exploring coffee plantations. But, of course, if there’s one
thing everyone needs after a long day of traveling, it’s a place to rest.
Because
Boquete is a relatively small town with a population of about 30,000, it can be
difficult for tourists to find hotels that aren’t full during the holiday
season. This is where you come in—by offering vacation rentals, you can take
advantage of the booming tourism industry and attract more visitors to the
area.
Earn
passively and invest in a vacation rental in Boquete, Panama, with the help of an
experienced realtor now!
