Renting out apartment vs Airbnb

nneguy

Member
Joined
Dec 3, 2016
Messages
12
My partner and I are relocating to Cape Town and we have an apartment in north Joburg. We are thinking of renting it out. So far we listed it on PrivateProperty but only got replies from agencies. Has anyone had success renting out privately by listing on PrivateProperty? We are considering Airnbnb as well. Is it better to rent out or use Airbnb? Any recommendations for good estate agents we could use for rental/finding a tenant?
 

Splinter

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Joined
Oct 14, 2011
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30,829
My partner and I are relocating to Cape Town and we have an apartment in north Joburg. We are thinking of renting it out. So far we listed it on PrivateProperty but only got replies from agencies. Has anyone had success renting out privately by listing on PrivateProperty? We are considering Airnbnb as well. Is it better to rent out or use Airbnb? Any recommendations for good estate agents we could use for rental/finding a tenant?

list it on Gumtree
 

^^vampire^^

Expert Member
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Feb 17, 2009
Messages
3,877
Join facebook community groups for the surrounding suburbs and advertise there. I've done all my rentals like this.
 

Beyond.Celsus

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May 29, 2018
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3,961
If you play your cards right you can make a small fortune with airbnb.

The owners on the farm I rent airbnb their main house when they are away. You can ask triple the amount per night a long term lessee would pay on average per night simply, because airbnb are holiday rentals mostly.

People are willing to pay more for a holiday away.
Only problem is you need to arrange the cleaning.

All depends how much effort you want to put into it. If hassle free is what you are looking for advertise online for long term renters.
 

Marsie27

Senior Member
Joined
Jul 21, 2014
Messages
800
Re airbnb: you would need to check the body corporate rules of your complex and also of your municipality to see if they allow short term lets in sectional title complexes. Cape Town by-laws, for example, don't allow this. No problem for a room in a flat in which you live, but not the whole flat. I think it is because of issues with security, noise etc.
 

Milano

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Joined
Feb 7, 2004
Messages
16,752
OP seems convinced his property is in Jhb. I would go with that. Cape Town has hundreds of priorities on airbnb btw.
 
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