Airbnb Investment Consulting
Welcome to the New Way to Invest
Purchasing a central apartment and listing it online as an Airbnb is quickly becoming a go-to option for Auckland investors. The rental returns are generally about 30-40% higher after all operating costs, if the apartment is of a high quality and centrally located in the CBD. Tourist season begins from November and carries on all the way through the end of April in Auckland; this is when the nightly rates are the highest. During the winter months, the main target market is business travellers coming to the city - that is why CBD apartments do well all year-round and not just in high season.Arrange a Free Consultation
On the Horizon
The tourism market is booming. Worth over $30 billion nationwide, and growing at a rate of 10% per year, now is the time to get in as all of those tourists are going to need somewhere to sleep. Hotels are at a stretch in Auckland already, and new ones are being built to cope with the increasing demand. However, even with the planned new hotel builds, there will still be a predicted shortage of 1,800 rooms by 2025. The average price per night for a hotel room in Auckland is currently $165 per night and this is predicted to reach $220 per night by 2020, meaning profits will only increase. Auckland Airport is the port of entry for 71% of all international arrivals, and this will remain the main port of entry to New Zealand for the foreseeable future. In fact, Auckland Airport is planned to double in size by 2040 in order to cope with the predicted 40 million passengers and 260,000 flights visiting our shores by then. The America’s Cup is coming to Auckland in 2021 and this will bring a massive increase in both international and domestic tourism during the event. There are many contractors working on preparing for the event already as well, and they too need accommodation whilst they are here.
Airbnb Investment Consulting
We know the Auckland Airbnb market inside-out thanks to our experience in managing many Airbnb apartments in the CBD area. Our database features direct performance statistics of apartments ranging from one to four bedrooms, so we will be able to find something suitable for your budget that we can predict will generate the desired return on investment. It is extremely critical to get the location and apartment building correct for a successful Airbnb investment as even a couple of hundred meters can make an enormous difference in the location’s ability to generate the desired nightly rates due to the way online booking platform search engines work.
Online Service Package
We help you find the perfect Airbnb investment apartment in the CBD area and offer advice and expertise regarding the suitability of potential apartments currently available for purchase on the market.
- Initial consultation to find out more about your budget and goals for Airbnb investment
- We will find suitable apartments for your consideration according to our knowledge and research of what works well as an Airbnb in Auckland CBD
- Advise on whether the property will need refurbishment or any other additional furnishings etc. to bring it up to standard
- Research regarding the future potential of the building in terms of other planned developments that may affect the apartment’s performance
- Airbnb rental appraisal for every suitable apartment
- Unlimited phone calls, Skype calls and email correspondence
The Full Package
We do all the work for you. Perfect for if you cannot travel to Auckland or are too busy to view the suggested apartments yourself. Includes all of the above plus:
- We will view up to 5 apartments on your behalf or with you in person, and liaise with real estate agents to find out any further information that may be of use in deciding on the suitability of the apartment as an Airbnb investment
- More detailed level of advice available regarding suitability of apartment
- Report on each viewed apartment so you are kept up to date on progress
Hands-Free Management with Zodiak
After you purchase, our short-term rental management service is designed to turn your apartments into a hands-free investment for you whilst maximising your return. We organise everything from cleaning, guest communications, and check-ins, to maintenance and regular inspections. The apartments are well cared for as they are always kept clean and any maintenance issues are resolved quickly in order for guests to enjoy their stay. We list your apartment on many online booking channels and not just Airbnb, meaning that we can reach market segments from all over the world and of different demographics. Our pricing software scans other accommodation offerings in the city and sets the optimum price according to competitor’s nightly price and occupancy rates. Please visit our website for more information on the growing Airbnb market or get in touch with us directly to find out more about Airbnb as an investment option in Auckland.
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See What Our Clients Think
“Best on the market. Dealt with few short-term rental managers, Zodiak is the best so far. They promoted my property quite well and boosted my income. Trustworthy managers, which is the main criteria for me.”
“Strongly recommended for anyone who needs a professional manager to look after your short-term Airbnb rental property when you are away! The manager always answer your questions very quick and accurate. Also, he promoted my Airbnb property in an effective way which helped me achieve high occupancy of my place to improve my rental income!”
“Excellent short-term property manager. Answer question and email quickly, good communication. Payment is on time. Doing best effort for my property every day.”
“Phenomenal service, top notch: not used to seeing so much attention to detail.”
“Highly recommended! The personal check-ins keep Zodiak’s service professional which really appeals to our guests.”
“Fantastic service by Zodiak and a great website.”