Portico Host: a fantastic way to free up your time and earn money until you find a tenant, sell your property or while you're on holiday!
Here's everything you need to know about our three Airbnb management packages...
How does Portico Host work?
Pass the keys - we’ll do the rest!
We provide a complete management package so all you need to do is let us know when you’d like your property rented out and we’ll get to work. Here's the step-by-step process...
Why Portico Host?
We are uniquely placed in the market to offer more than any other competitor for three main reasons:
1. You can earn while you sell or find a tenant!
If you’re a landlord who favours traditional long-let tenancies, it’s still wise to use Airbnb to maximise potential revenue. For example, if your property becomes vacant in the quieter months, we recommend listing your property on Airbnb and synchronising your tenancy to start a long-term let in the summer or late summer when demand from tenants and therefore prices are highest.
Alternatively, if your property is already on the market, why not earn on Airbnb until you let or sell it? Every day it’s sitting vacant is potentially losing you money, so it really does pay to get on board with Airbnb in short-term.
2. We have a local presence near your property
With 18 offices located across London, we already know your area inside out. That means we can market your property honestly and effectively and ensure the price point is correct.
On top of that, we have a secure key storage at each of our offices or lock box options, to allow for round-the-clock access.
3. Portico Handyman
As our handymen and housekeepers are employed in-house, you’re guaranteed a reliable service and work will always be carried out to a high standard. Plus we’re on call whenever you need us!
Three Packages To Choose From
How Do I Get Paid?
You’ll begin earning as soon as we confirm your first booking, receiving the payment directly into your bank account minus Airbnb’s 3% charge + VAT. Then at the end of each month after you’ve been paid, we’ll take our fee + VAT from your total earnings and the cleaning fee paid by the guests.
Our customers range from professionals living abroad and business people working in the City, to those who have never used Airbnb. Here is an example of a case study for one of our lovely customers, Alan:
We managed Alan’s property in Islington from January to March 2017. He had plans to work in Tanzania until the late summer and so wanted to let his property out while he was away. Initially he was looking for a short-let but the market was relatively quiet and his property was sitting vacant. Alan therefore decided to put his property on Airbnb to earn some extra cash until he let his property, and in the process synchronise his tenancy to begin in spring when tenant demand would hopefully pick up.
Alan’s property has been a fantastic earner on Airbnb, occupied for around 75% of each month at around £150 per night. But best of all, by the time Alan reached his 90 day limit on Airbnb, we had secured him a short-term tenant for the remaining three months, maximising his potential income.
Average length of stay: 4 nights
Average price: £150 per night
Average no. of guests: 3 people
Average occupancy rate: 75%
If you’re interested in listing your property on Airbnb, or if you'd like to hear about the other services we provide, give us a call today on 0207 099 4000.