I ’ m looking to break into the South African Airbnb market and could use some guidance . I am based in Cape Town and I ’ ve noticed a significant increase in demand for short-term rentals , making it an exciting but competitive landscape , especially with the rise in tourism and digital nomads .
I ’ m considering two options :
1 . Rental Arbitrage : Taking over an existing property along the Cape Town coast on rent to rent basis .
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Question
I ’ m looking to break into the South African Airbnb market and could use some guidance . I am based in Cape Town and I ’ ve noticed a significant increase in demand for short-term rentals , making it an exciting but competitive landscape , especially with the rise in tourism and digital nomads .
I ’ m considering two options :
1 . Rental Arbitrage : Taking over an existing property along the Cape Town coast on rent to rent basis .
10 REI MAGAZINE OCTOBER 2024