Airbnb & VRBO Performance in Port Royal South Carolina.

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Port Royal, South Carolina: Airbnb & VRBO Vacation Rental Market Overview

Port Royal, South Carolina, is experiencing robust short-term rental performance, with an average 52% occupancy rate and a daily rate of $197, generating significant monthly revenue of $22,869.

Market overview

Thriving Short-Term Rentals in Port Royal, South Carolina

Port Royal, South Carolina, is experiencing a robust short-term rental market, reflecting the town's growing appeal to visitors. Despite recent moratoriums to assess infrastructure, existing short-term rentals are performing exceptionally well. These rentals boast an average occupancy rate of 52%, indicating a high demand for temporary accommodations. Additionally, the average daily rate for these rentals stands at $197, contributing to a substantial monthly revenue of $22,869. This strong performance underscores Port Royal's attractiveness as a destination and highlights the economic benefits of short-term rentals in the area.

Short Term Regulations

Short-Term Rental Regulations in Port Royal, South Carolina for 2024

Moratorium and Development Restrictions

  • A 7-month moratorium on new short-term rental applications has been implemented to assess the impact of existing developments on the town's infrastructure.
  • A 1-year moratorium on new multi-family developments to evaluate the effects on schools, police, fire, and other infrastructure.

Existing Ordinance and Review

  • The current short-term rental ordinance, which was voted on four years ago, will be reviewed by a task force of citizens to determine if it remains pertinent or needs modification.

Compliance Requirements

  • Short-term rentals must comply with all Business License, revenue collection, zoning and land development regulations, and health laws of the town.

Application and Fees

  • Applicants must submit the required application and pay a $30.00 fee for the safety permit once the application is approved.
  • Use of an attached safety checklist to verify compliance with safety standards is mandatory.

Ongoing Legislative Context

  • Note that there is ongoing state legislation (H. 3253) that could potentially impact local regulations by prohibiting municipalities from enacting or enforcing ordinances that prohibit short-term rentals. However, this bill has not yet been passed.

Grandfathering of Existing Projects

  • Short-term rentals and multi-family developments that have already been permitted or have begun the approval process will be allowed to continue, but new submissions will be put on hold during the moratorium period.
Neighborhood Performance

Title: Top Neighborhoods for Airbnb Revenue in Port Royal, South Carolina, and Their Guest Appeal

Neighborhoods Generating the Most Airbnb Revenue

While specific neighborhood data within Port Royal, South Carolina, is not provided in the sources, we can infer the popularity and revenue-generating potential based on general trends and the appeal of the area as a whole.

1. Historic District

The Historic District in Port Royal is likely a high-revenue area due to its charm and historical significance. Guests are attracted to the area's preserved architecture, local shops, and the nostalgic ambiance, making it an appealing choice for those interested in history and culture.

2. Waterfront Areas

Neighborhoods along the waterfront, such as those near the Port Royal Sound, tend to be highly sought after. These areas offer stunning views, access to water activities, and a serene environment, which are major draws for guests looking for a relaxing and scenic stay.

3. Downtown Port Royal

The downtown area is typically bustling with activity and offers easy access to local restaurants, bars, and shops. Guests are attracted to the convenience and vibrancy of downtown, making it a lucrative spot for Airbnb hosts.

Why These Neighborhoods Are Appealing

  • Historical Charm: The Historic District's well-preserved buildings and rich history create a unique and captivating environment for guests.
  • Scenic Views and Activities: Waterfront areas provide beautiful views and opportunities for boating, fishing, and other water activities, appealing to guests seeking outdoor experiences.
  • Convenience and Amenities: Downtown Port Royal offers a central location with easy access to dining, shopping, and entertainment options, making it convenient and appealing for a wide range of guests.

These factors contribute to higher occupancy rates and revenue for Airbnb listings in these neighborhoods, as indicated by the overall high occupancy rate of 52% and average daily rate of $197 in Port Royal.

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Design Tips

Furnishing and Design Tips for an Inviting Airbnb in Port Royal, South Carolina

Understand the Local Market and Guest Preferences

  • Port Royal attracts a diverse array of guests, including families, military personnel, and vacationers. Focus on features that enhance comfort and overall experience, such as outdoor spaces, easy access to local attractions, and family-friendly setups.

Reflect the City's Unique Style

  • Incorporate coastal themes that use natural materials to reflect the city’s waterfront vibes.
  • Use rustic furniture to align with Port Royal's historic charm.
  • Consider modern, minimalistic designs combined with local artwork to appeal to travelers seeking unique stays.

Choose High-Quality Furnishings

  • Invest in elegant furniture and tasteful decor to create a welcoming atmosphere.
  • Provide modern amenities such as smart TVs, high-quality bedding, and stylish kitchenware to set your property apart.

Highlight Waterfront and Historic Appeal

  • If your property offers waterfront views or access, make this a prominent selling point.
  • Emphasize the historical significance of your property and its surroundings to attract guests interested in the town's heritage.

Create Comfortable and Functional Spaces

  • Ensure well-equipped kitchens to facilitate extended stays.
  • Include amenities like pools, outdoor living spaces, and pet-friendly options to cater to a broader audience.

Add Local Touches

  • Incorporate unique local touches or features that echo the region's historic significance.
  • Use light colors, natural textures, and rustic finishes to embody the cozy and inviting atmosphere guests expect.

Invest in Statement Pieces

  • Focus on statement pieces such as couches, coffee tables, credenzas, and dining room tables that define the space.
  • Be willing to splurge on these key items to create a memorable and inviting space.

Enhance with Plants and Decor

  • Add plants to liven up the space and create a welcoming atmosphere.
  • Use local art and decorative elements that reflect the city’s coastal and historic charm.

Ensure Modern Conveniences

  • Provide modern conveniences like fast Wi-Fi and laundry facilities to enhance guest satisfaction.
  • Make sure the property is equipped with amenities that support both relaxation and productivity, such as fully stocked kitchens and comfortable bedding.
Insider Tips
Practical Tips

Practical Tips to Run a Successful Short-Term Rental Business in Port Royal, South Carolina

To ensure a smooth and profitable short-term rental business in Port Royal, South Carolina, several practical tips can make a significant difference.

Noise Regulations and Guest Communication

Inform your guests about the town's strict noise ordinance, which applies from 9pm to 8am. Clearly communicate the quiet hours in your rental agreement and through welcome messages to avoid any potential issues.

Comprehensive House Manual

Create both digital and physical house manuals that include essential instructions, such as Wi-Fi passwords, appliance usage, and emergency contact information. This helps guests navigate the property easily and reduces the likelihood of misunderstandings.

Simplified Check-in Process

Utilize smart locks to streamline the check-in process, eliminating the need for physical key exchanges. Provide detailed check-in instructions, including photos of the property and parking areas, to ensure guests can find and access the property without hassle.

Parking Instructions

Include clear parking instructions with photos in your house manual to help guests understand where and how to park. This is particularly important given the specific parking regulations in Port Royal, such as parking being restricted to the side or rear of the dwelling.

By implementing these strategies, you can enhance the guest experience, reduce potential issues, and maintain a positive reputation for your short-term rental business in Port Royal.

Local Vendors

Here is a brief list of house cleaning services in Port Royal, South Carolina:

House Cleaning Services in Port Royal, SC

Merry Maids of Beaufort

  • Offers comprehensive cleaning services with 40 years of experience.
  • Provides free estimates.

Sparkling and Beyond

  • A professional cleaning company based in Port Royal, SC.
  • Uses state-of-the-art equipment and has years of experience.

Homeaglow

  • Offers top-rated, professional, and affordable house cleaning services.
  • Cleaners are background-checked; initial 3-hour clean starts at $19.

Local Listings on Care.com

  • Provides a list of affordable house cleaning options starting at $17.50/hr.
  • Searchable by rates, reviews, and experience.

Local Listings on Angi (Angie's List)

  • Features a list of the top 10 best cleaning services in Port Royal, SC.
  • Includes real reviews and ratings.
Management fees

Managing Short-Term Rentals in Port Royal, South Carolina: Fees and Regulations

In Port Royal, South Carolina, managing short-term rentals involves a range of fees and stringent regulations. Management fees typically range from 10% to 30% of the rental revenue, depending on the level of service provided. Full-service management, which includes guest communication, marketing, and maintenance, tends to be on the higher end of this spectrum, often starting at around 20% of the revenue.

In addition to management fees, property owners may incur other costs such as cleaning fees, repair costs, and design or consumables fees. For instance, a consumables fee might cover items like linens, toiletries, and light bulbs to ensure each guest has a fresh experience.

Moreover, property owners must comply with local regulations, including obtaining a business license, collecting and remitting a 3% accommodation tax, and adhering to zoning and noise ordinances. They must also submit detailed applications and ensure their properties meet safety and health standards.

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Why choose RedAwning

RedAwning is a tech leader in full-service short-term rental management, powered by our exclusive, unmatched tools.
Other property managers
Cost
Starting at 10%
25-40%
Guest communications
5-15 mins / 24 hours a day
1 hour+
Host communications
Dedicated phone and text line with no time on hold
Chat bots, hold lines and email threads
Insurance
Robust liability and dwelling coverage for every reservation
Spotty coverage with low claim approval rates
Contract
No cancellation fees
No contract lock-in
Just 90 days notice to cancel
Cancellation penalties
Number of Channels Your Listing is On
50+
2-4

Experience in numbers

Rest well knowing your property is managed by an experienced team powered by world-class technology.
+10-30%
in gross revenue
4.8 stars
guest rating
14+ years
managing STRs

Short Term Rental Calculator

Find out how much your property in Port Royal should generate as a short term rental and look at the performance of properties around yours.

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Furnishing checklist

This comprehensive checklist ensures that your rental is guest-ready with all the essentials to create a comfortable and memorable experience in Port Royal.

Living Room
Seating: Sofa, armchairs, and ottomans
Coffee Table
Entertainment: Smart TV (with streaming apps) and remote control
Decor: Area rug, wall art, plants, and throw pillows
Lighting: Floor lamp or table lamps
Charging Stations: Power strips or outlets with USB ports
Bedrooms
Beds: High-quality mattress with mattress protector
Linens: At least two sets of sheets per bed
Pillows: Hypoallergenic pillows (2-4 per bed)
Blankets: Extra throw blankets or quilts
Nightstands: With lamps or charging docks
Closet or Storage: Hangers, dresser, or luggage rack
Blackout Curtains or Shades
Bathrooms
Towels: Bath towels, hand towels, washcloths (2 sets per guest)
Shower Curtain & Liner
Toiletries: Shampoo, conditioner, body wash, hand soap
Bathroom Essentials: Toilet paper, tissues, trash bin
Hairdryer
Mirror: Full-length or wall mirror
Dining Area
Dining Table: Seating for the maximum number of guests
Place Settings: Placemats or tablecloths
Centerpiece: Vase with flowers or decorative piece
Kitchen
Appliances: Refrigerator, microwave, toaster, coffee maker, kettle
Cookware: Pots, pans, baking trays
Utensils: Forks, knives, spoons, spatulas, tongs
Dinnerware: Plates, bowls, glasses, mugs (2 sets per guest)
Cutting Board & Knives
Basic Spices & Condiments: Salt, pepper, oil
Cleaning Supplies: Sponge, dish soap, paper towels, trash bags
Outdoor Space (if applicable)
Seating: Outdoor chairs, benches, or lounges
Table: For outdoor dining or drinks
Lighting: String lights or outdoor lanterns
Grill: With necessary utensils and instructions
Outdoor Trash Bin
Extras to Elevate Guest Experience
Welcome Basket: Snacks, water bottles, or wine
Guidebook: Local recommendations and house rules
Board Games or Books: Entertainment for guests
Umbrella & Flashlight
Iron & Ironing Board
Laundry: Washer, dryer, and detergent (if available)
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⇤ Airbnb Statistics for South Carolina