I'll discuss why Largo is the best Airbnb in Tampa, FL. Also, we will explore the key reasons why Largo should be on the top of your list and why we have helped so many people call Largo home and who also set up their Airbnbs here and have generated over seventy thousand dollars gross annually!
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Largo, Florida, is a laid-back seaside city with a rich history and a friendly, relaxed vibe. It is located opposite Tampa in Pinellas County and is slowly growing to be one of the best vacation destinations in Florida.
Largo offers a variety of attractions for visitors, including white-sand beaches, palm trees, sparkling blue waters, botanical gardens, museums, hiking trails, and much more. It is also a popular destination for families on vacation, seasonal workers, and those looking for temporary housing.
One of the best ways to invest in Largo is to buy a short-term rental property. Short-term rentals are a type of rental property that typically lasts from a few weeks to three months. They offer a low-cost alternative for vacationers and others who need temporary housing.
The popularity of short-term rentals in Largo has grown significantly in recent years due to their convenience and affordability. The supply of short-term rentals in Largo has increased by 19% since the second quarter of 2022. This growth reflects investors' growing interest in the Largo market, who are attracted to the area's potential for high rental demand and favorable investment conditions.
If you are considering investing in a short-term rental property in Largo, Airbnb should be at the top of your list. Airbnb properties in Largo have consistently high occupancy rates, with an average monthly occupancy rate of around 70% over the past year. Airbnb properties in Largo tend to be booked consistently, which can provide a steady stream of income for hosts.
In addition to high occupancy rates, Airbnb properties in Largo also have the potential to generate high returns. Data from AirDNA shows that the average monthly Airbnb income in Largo is around $3,600 over the past year. This is significantly higher than the average monthly income for traditional rentals in Largo.
Overall, Largo is a great city for short-term rental investments. The area has a lot to offer visitors, high demand for short-term rentals, and a favorable investment climate. If you want to invest in real estate that can generate high returns, then short-term rentals in Largo should be on your radar.
So, watch the video till the end and share your thoughts in the comments.
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