While many choose to acquire an ELIKYA Studio for personal use, it also presents a lucrative opportunity as an investment property. Consider leveraging it as a short-term rental on platforms like Airbnb. Whether situated as a standalone unit, part of a multi-studio complex, or integrated into the grounds of your property, the potential for generating income is significant.
The Airbnb market continues to thrive, with recent data indicating that hosts and guests in the Atlanta metro area contributed approximately $1.4 billion to the local economy in 2023. This activity supported around 17,200 jobs and generated an estimated $326 million in tax revenue. In 2021, the average annual earnings for hosts in Atlanta reached $19,692, underscoring the profitability of short-term rentals.
The possibilities for utilizing ELIKYA Studio as a short-term rental are extensive. Envision a mountain retreat featuring multiple studios, catering to corporate events, yoga retreats, family reunions, or vacationers seeking unique accommodations. If you own a property with available land, consider renting it out to corporations for retreats or offering housing options for young professionals and students.
Invest in an ELIKYA Studio today and capitalize on the booming short-term rental market.
Resources: www.news.airbnb.com