BEFORE you buy in Palm Springs, watch this video! - Where to invest in 2025
Summary
Kylee and Steven offer insights into short-term rental investment opportunities in the Coachella Valley, including Palm Springs, Cathedral City, Rancho Mirage, Palm Desert, Indio, and Coachella. They highlight market demand, regulations, and the pros and cons of investing in each city. They suggest focusing on Palm Desert for short-term rentals near El Paseo and Rancho Mirage or Indian Wells for mid-term rentals, while cautioning against investing in Palm Springs and La Quinta due to strict regulations and oversupply.
More from Getting Started
This article from GreekReporter.com reports that Greece is climbing the European short-term rental rankings. While specific details on the rise are not provided in this short article, this suggests a growing opportunity for hosts. It implies increased demand in the Greek market, which presents a dynamic opportunity for STR investors.
Ennismore plans to expand its hotel presence in India, with its first hotel under the Morgans Originals brand, Roswyn, already soft-opened in Mumbai. Following the Mumbai debut, the company plans to open a Hoxton hotel in Bengaluru and is actively exploring further expansion opportunities, recognizing the market's readiness for a luxury lifestyle product.
The short-term rental market's growth is slowing, according to eKathimerini.com. This shift may affect occupancy rates and revenue for hosts. Understanding market trends is crucial for adapting pricing and marketing strategies, ensuring continued profitability.
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