Success Story
Taking personal care of your property is great, but it requires time, effort and expertise; for instance answering guests, making sure cleaning is being handled correctly, linens have been brought back in time for the next guests, the calendar synchronization those are all tiny pieces of the overall picture of the property.
Speaking of ‘‘picture’’, we almost forgot, having a proper photo-shoot taken with the right angles and updated photographs of your property and the neighborhood are also extremely important for your property to stand out.
On top of all that, your property has maintenance that never stops, from cleaning air filters in the AC’s to making sure the water drainage is working properly or even changing defective water heaters that break on a regular basis here in El Gouna. It’s hard to keep track of all that.
Finally comes a key component of the success or failure of your property and this is from the pricing part. Keeping up to date with national holidays, local events, international events and long week ends is extremely tedious, but nonetheless mandatory. If not done properly, you will be leaving a lot of money on the table.
So here is the success story of the week, our: ‘‘The Authentic’’ was signed in our inventory late 2022, it was a ‘‘sitting’’ property, which means it was listed with another agency that didn’t take the time to set it up for rentals and therefore was literally generating no revenue for the landlord. When we took over its management it had no decoration and no vibe to make it stand out even though the location, the property and most importantly the view of the property is simply amazing. With some touch ups, decoration and a lot of care the unit turned into a gem in El Gouna.
The Authentic like all other properties in Gouna faces fierce competition in the rentals market and here is where Jeeran’s expertise comes to life. With a dynamic pricing strategy we set ourselves apart by managing to generate more occupancy than any of our competitors in the market - not only that, but we’ve also achieved to yield a whooping ROI of 8% on that unit for 3 consecutive years which is almost double of similar properties in the same project: source: www.airdna.com
If you are interested to know how much your property can and should generate please send us an email here: support@jeeranelgouna.com and we will gladly give you a free consultancy no strings attached.
