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My Small Business | The Citizen
My Small Business 28.3.2017 01:20 pm

South Africans make ‘R28K average’ with properties on Airbnb

Getting into the letting game is exciting, but do your homework property first.

According to a 2016 Fin24 interview with Nicola D’Elia, managing director for Airbnb Africa and Middle East, South African Airbnb hosts earn on average R28 000 a month by making their property available for short-term let via the popular sharing economy website. PropertyFox says Airbnb can be an exciting income stream, but advises South Africans to do their homework carefully before buying a property specifically for this purpose.

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