Marrakech, a vibrant red city and popular tourist destination, is attracting property investors. Among the rental options, Airbnb seems to offer tempting returns. But is it really the wisest choice? Let’s take a closer look at the disadvantages of Airbnb rentals and the advantages of long-term rentals, which are particularly relevant in the current context of the Marrakech market.
The downside of Airbnb:
- Uncertain income: Demand on Airbnb is seasonal. Outside the tourist peaks, your property is likely to remain empty, considerably reducing your income.
- Time-consuming management: Welcoming travelers, managing reservations, communication and housekeeping all take time and energy.
- Wear and tear: Frequent tenant turnover can damage your furniture and your home more quickly.
- Legal risks: Airbnb regulations are complex and constantly changing. Failure to comply with the rules may result in sanctions.
In addition to the points already mentioned, there’s another side to the Airbnb coin: the anonymity sought by some customers. Unlike hotels, Airbnb rentals are not subject to mandatory reporting to the authorities. This attracts some customers who wish to avoid being identified, for a variety of reasons.
Possible motivations :
- Avoiding tourist taxes: Some customers hope to avoid local taxes applicable to hotel nights.
- Concealing illegal activities: Failure to declare can be used to hide transactions or practices that are contrary to the law.
- Preserving confidentiality: Some customers appreciate the anonymity provided by Airbnb, for reasons of security or discretion.
Potential consequences :
- Lack of security: The absence of identity verification can make it easier for criminals or ill-intentioned people to set up shop.
- Loss of revenue for local authorities: Uncollected tourist taxes deprive towns and villages of important resources for local development.
- Unfair competition with hotels: Undeclared Airbnb rentals escape the regulations and controls imposed on hotels, creating a distortion of the market.
Long-term rental: a winning choice :
- Stable, predictable income: A one-year lease guarantees a fixed monthly income, without the vagaries of seasonality.
- Simplicity of management: No cleaning up between stays, no searching for new tenants. You enjoy peace of mind.
- Preserved housing: A single tenant commits to taking care of the property as if it were his own.
- Lasting relationship: You develop a relationship of trust with your tenant, based on communication and mutual respect.
Strong demand, insufficient supply :
The Marrakech real estate market is currently marked by strong demand for long-term rentals. Families, students and professionals seeking stability are looking for comfortable, furnished apartments. Faced with this growing demand, supply remains limited, which represents a unique opportunity for property owners.
In conclusion, long-term rental proves to be a more stable and profitable choice than Airbnb rental in Marrakech. Offering predictable income, simplified management and a preserved property, it perfectly meets the needs of today’s market. So why not take advantage of this opportunity to maximize your real estate investment?
Don’t hesitate to contact us for personalized advice and guidance.