5 Ways to Make Your Turks and Caicos Vacation Home Profitable
The vacation rental market is growing by over 7% each year, resulting in millions of additional revenue for those with the resources to invest. If you’re interested in upping your annual income, here’s how you can make your foray into Turks and Caicos real estate even more profitable.
Pick the Right Location
Getting a phenomenal return on your investment starts with choosing a property in a location that’s both desirable and the right amount of competitive—a city with dozens of homes lingering on the market may prove harder to conquer, but buy a vacation home in a sought-after locale with limited properties and you have a better chance of standing out.
Though many people have heard of the Turks & Caicos Islands, few have been to the more remote and infinitely more exclusive South Caicos. From untouched nature reserves to pristine expanses of sapphire-colored water, South Caicos is a home run for home-buyers shying away from the crowds and commercial aspect often associate with larger islands.
Invest in Professional Photos
This isn’t the time to hone your smartphone skills or try out that new editing app. Luxury vacation home buyers are looking for high-end finishing, breathtaking views and five-star amenities—none of which will shine in the best possible light without professional help. At Sailrock, it’s easy to arrange a photo-shoot with an experienced Turks and Caicos real estate photographer, and put your vacation home in the Resort’s rental program so you can begin realizing the full benefits of your investment.
Tell a Story
Yes, shoppers are looking for a vacation home and the condition, size and extras that come with your property all matter, but those details are just the beginning. More than anything, people are looking for an experience. What kind of memories will they make? Where will they eat? Are there historical points of interest? Which famous people lived nearby?
Weave your narrative into the description of your home. You don’t just have a home, you have a stunning beachfront villa on South Caicos, the island rumored to be the second bit of land spotted by Columbus. Visitors won’t just love the water, they’ll splash in the same coves formerly used as a pirate haven in the 18th century.
Pay Special Attention to Your Outdoor Spaces
Indoor/outdoor living is a huge part of what makes vacation homes so special. Give landlocked shoppers and those in cold, snow-coated locales something to dream about with updated, well-appointed outdoor spaces boasting equal parts comfort and opulence.
Depending on the layout of your private villa and the focal point of your space, consider customizing your villa with:
- Versatile seating arrangements
- Tables in various heights for holding snacks, electronics and drinks
- Fire pits to add ambiance on cool, windy nights
- A screened-in outdoor dining area to keep mosquitoes away
- A small garage for storing ATV’s and vehicles
Build a Solid Marketing Plan
In order to book your piece of Turks and Caicos real estate, people have to know about it. When you place your private villa in the Sailrock Resort rental program you become part of a comprehensive, strategic marketing plan designed to maximize your return on investment.
- A professional photo-shoot will be arranged with a trusted Turks and Caicos real estate photographer
- A writer will be hired to draw up a tantalizing description of your home and amenities
- Your vacation home will be promoted on social media sites such as Facebook and Instagram
- Your vacation home will be advertised to a global audience
Are you interested in owning property on serene South Caicos? Come home to a wealth of natural beauty and introduce your renters to the same. For more information, contact our friendly and knowledgeable team at Sailrock Living.