Typically, the first 3 months are the hardest when putting a new holiday home on the market and looking for tenants. On AirBnB, for example, new apartments are usually offered at a 20% discount.
This 1-bedroom apartment, which we just got in October 2023 and are renting out as a holiday home, has had a sensational start. With 99% occupancy and very attractive nightly rates in these 3 months, we and the owner are extremely satisfied.
Extrapolated for a full year, this would result in a gross return of a whopping 16%.