Learn how much a property like yours can earn as a holiday letting
"How much should I charge guests to rent my holiday home?"
Is one of the most frequent questions we get asked from owners who advertise holiday lettings on HomeAway.co.uk. If you manage holiday rentals its up to you to set your own rental rates. Getting it right it essential to putting yourself at a competitive position in the market.
What is The Holiday Home Rental Income Calculator?
The Holiday Home Rental Income Calculator is a tool we have developed to help owners set rentals rates for holiday homes. Simply enter the location of your second home and the number of bedrooms it has to receive pricing information on how much on average a property like yours can rent for on HomeAway.co.uk
The average low season rental rates
The average high season rental rates
How much you could earn if you rent for fifteen weeks of the year
You can also download a free copy of the HomeAway.co.uk's Free Beginners Guide which includes advice for setting up a holiday rentals business.
Topics covered include:
Benefits of renting your holiday home
Preparing your home for guests
Writing an advert
Taking good photographs
Setting your rental rates
Responding to travellers' enquiries
But before you set your final rental rates please consider this:
The prices suggested to you by The Holiday Home Rental Income Calculator is accurate. We have created this data by calculating the average and range rental prices for different areas, and different size properties.
However, please be aware that average prices quoted can be raised or lowered depending on the standard of properties found in a certain area. For example an area with a lot of budget properties, may make the going rate we quote look lower. An area with a lot of high end luxury properties may make the going rate look higher. This means you could earn even more then the prices that are quoted by the calculator!
So before you set your final rate, we recommend you read the whole of the 2010 Rental Rate Setting Guide, or the article How to Set the Rental Rates for your Holiday Home
, for a more in depth explanation of how pricing works.
Copyright HomeAway.co.uk, August 2010