Conventional rentals vs. Vacation rentals: advantages and disadvantages

The property rental market offers a wide range of options to meet the needs of guests or tenants. It is crucial to understand the distinctions between the different types of rental in order to understand the process involved. As a company specializing in vacation rentals, at Omar do Rio, we seek to offer our partners and guests a variety of additional benefits and guarantees during rentals.

We have compared the 4 main differences between these two types of rental:

1. Contract length:

• Conventional Rental: Generally involves long-term contracts, with a minimum duration of up to 30 months.
• Seasonal Rental: This is characterized by short-term contracts of up to 90 days, but usually lasting only a few days or weeks.

2. Flexibility and Use of the Property:

• Conventional Rental: The owner loses flexibility over use during the contract period, once committed to a tenant it is impossible to visit the property.
• Seasonal Rental: Offers greater flexibility to the owner, allowing them to use the property for personal purposes whenever they wish, as long as they don't have any reservations from seasonal guests.

3. Financial profitability:

• Conventional Rental: Generally offers a stable income, but potentially lower compared to seasonal rental.
• Vacation Rentals: Can generate substantial financial gains, often yielding up to three times more than conventional rentals, especially in tourist areas or during periods of high demand.

4. Maintenance and Services:

• Conventional Rental: While the property is rented out, the tenant is responsible for its upkeep, but often they don't take the same care as the owner, and the owner only finds out the real state of the property when the rental contract ends.
• Seasonal Rental: This type of rental allows the property to be cleaned and maintained at each check-out, ensuring that it is always kept in a good state of repair and preventing small problems from becoming worse.

Now that you know the difference between them, it's easier to choose the one that best suits your profile. However, this choice must be carefully considered, always taking into account your objectives and expectations. If you choose to rent by the season and don't have the availability to keep up with frequent bookings and give guests the attention they need, choose a reliable company to manage your property's rentals, which will enable you to enjoy all the benefits of the modality without stress.

With vacation rentals, owners have the opportunity to maximize their financial gains and can earn up to three times more revenue than through conventional rentals, thanks to strategies developed by professionals specialized in the segment. Relax! Let Omar do Rio take care of everything for you, guaranteeing not only profitability, but also peace of mind in your rentals.

Let's go together!