Real Estate Investor Magazine November 2024 edition | Page 135
By Miguel Martins
Property Management
How Short-Term Renta Africa ’ s real estate land Pioneer a new path forw
By Miguel Martins
In recent years , Short-Term Rentals ( STRs ) have significantly reshaped the real estate landscape in South Africa . Driven by platforms like Airbnb and Booking . com , STRs have emerged as a vital component of the accommodation market , providing unique and affordable lodging options .
This evolution allows everyday South Africans to engage in the tourism sector , creating new economic opportunities .