Thank you for considering African Fiesta Property Management, and affording us the opportunity to forward  essential information regarding the possible options you have to consider with your investment.

Short Term vs Long Term Letting?

Every owner/investor prefers the maximum return on investment. The figures in both Short Term - Self Catering Apartments scenarios below speak for themselves:

1 Bed Apartment Cape Town

Market Value R950 000

Long Term Letting

Monthly Rental of R5 500

Short Term Letting (Self Catering Apartment)

Daily Rental of R750 X 15 Days* per month = R11 250

2 Bed Apartment Cape Town

Market Value R1 500 000

Long Term Letting

Monthly Rental of R7000

Short Term Letting

Daily Rental of R1000 X 15 Days* per month = R15000

Long Term Letting

Advantages

-          Secure (but inadequate) Rental Income

-          No initial capital outlay for furniture

Disadvantages

-          Lower Rental Income than Short Term Letting

-          Little control over tenants with limited access for inspection

-          Higher "wear&tear" of fixtures with permanent occupation

-          Not available for personal use at all

Short Term Letting

Advantages

-          Higher Rental Income than Short Term Letting

-          Regular inspections of the unit by means of housekeeping, arrivals & departures, maintenance etc.

-          Not occupied 100% means longer "life" of fixtures.

-          Flexible to accommodate personal use & enjoyment

Disadvantages

-          Rental Income not 100% secure (50%* occupancy considered conservative)

-          Initial capital outlay for furniture

Why us?

Now that we've got that out the way, the most important decision to make lies ahead: "Who do I appoint to manage my investment?" An extremely important question indeed…

Wishing you the best with your investment!

Short Term letting is seen as accommodation for a short period of time e.g.

- Holiday letting Cape Town

- Self Catering Apartments Cape Town

- Vacation Rentals Cape Town

- Short Term Rentals Cape Town