1. Presenting your home properly

Good presentation of your luxury home is crucial to attract potential tenants you desire. You probably prefer to rent out your luxury property to a business traveller or a family used to staying in luxury properties. Make sure the pictures and descriptions meet the needs of guests in this segment and add additional luxury services if necessary.

2. Determining the rental price

The right rental price has a huge impact on the guests you attract and your returns. You may start with little market research on the rental prices of similar luxury properties in your area. You should consider the specific features of your property, such as its size, location and amenities. For example, you might consider charging a higher rental price for a property with a swimming pool or gym. However, a rent that is too high can deter potential guests, while a rent that is too low can lead to no or unnecessarily low returns.

3. Arranging insurance

Are you sure you are also properly insured during the rental period? And what about liability? Check beforehand whether your current insurance policy provides enough cover for damage incurred while renting out the property. Special rental insurance protects the property against damage caused by tenants. Liability insurance reimburses any damage tenants incur during their stay in the holiday home.

4. Showcasing your home

Unfortunately, your home will not get booked up on its own. It is therefore important to highlight it properly. This can be done in many different ways. The most important thing is that your property is presented in the right way to attract the tenants you want.

• Work with a rental platform visited by thousands of travellers every day.

• Create a social media account for your property and actively post photos and stories from your guests. This allows followers and friends to share and recommend your property.



• Create your own website for your property where you share all the information, photos and reviews.
  

5. Finding reliable guests

Of course, you don't want to rent out your house to just anyone. You are looking for a reliable tenant who takes good care of your property. Working with a rental platform prevents you from attracting the wrong people. Guests renting a holiday home through such a platform are extensively screened before moving into your property. In addition, you can draw up house rules before renting out your property.

6. Drawing up a rental contract

As the landlord, you are liable for any damage incurred by guests during their stay in the holiday home. A watertight rental contract stating who is responsible for what damage is therefore indispensable. As a landlord, you must also ensure that the holiday home meets all safety requirements and that any defects in the property are rectified before guests arrive. This can be done, for example, by carrying out regular maintenance and inspections.

7. Management during rentals

Renting out your property is only the start. Management during the rental period is extremely important for a smooth stay. Many homeowners choose to outsource this. Management includes things like cleaning, maintenance, repairs, guests check-in and answering guests' questions. Managing a holiday home yourself can be time-consuming, especially if you don't live nearby. 

Hassle-free rentals with Top Select Visit

All things considered, there is quite a lot involved in renting out your property. Top Select Visit takes care of the rental of your property in the luxury segment on your behalf. For example, we can decorate your property tastefully, find reliable tenants and related full communication. Learn more about how we work and choose hassle-free renting too.