Rental properties are often seen as a great source of passive income, but they can be much more than that. If you do care about the property you’re renting, you probably care about what kind of people will be living in it as well. If you want to attract – and keep – great tenants, you have to have a great offer as well. This implies taking care of not just the interior of your rental property but the exterior as well. With that in mind, here are five ways in which you can improve your property’s garden and give it a luxurious vibe.
Cover bare ground
Patches of bare earth could really harm the curb appeal of your property, which is why you should cover them. Luckily, there are many ways to do that, and most of them are easy, affordable, and visually appealing. For example, you can use paving stones, which can be placed in many different patterns. Gravel is another great option, as it comes in many colors, and it’s not extremely expensive. Of course, there are many natural choices as well, like planting grass, thyme, or lamium, but keep in mind that they require more maintenance.
Choose the right plants
Needless to say, you should plant some trees and flowers, but when it comes to choosing which ones, it might be a bit tricky. You should look for perennials, since they bloom every year and don’t require much maintenance. True, they might cost a bit more initially, but it’s an investment worth making. Many landlords also like to add annual plants, as they cost a bit less, so they provide you with more landscaping freedom. Trees are also very important, and not just because of the visual appeal, but also because they offer shade and clean air. Finally, make sure to choose plants that can live in your climate, since they would bloom better and require less care.
Add a spa pool
Installing a spa pool might be a bit costlier suggestion on this list, but you can’t really have a luxurious backyard without a beautiful outdoor spa pool. They are especially great for smaller yards, as they don’t need too much room, and they offer you a great opportunity to decorate the area around the spa as well. One thing you can be sure about is that it would be an addition than any tenant would fall in love with at first sight.
Create an outdoor living space
Another amazing way to increase the luxury factor of your property and attract more serious tenants is to build an outdoor living space. An outdoor kitchen, dining room, or even just a small reading nook has the potential to completely transform your property. It would give your potential tenants an idea of what kind of lifestyle they could have there, and it would surely be a good one.
Pay attention to the details
When it comes to visual appeal, every small detail matters. There are many simple and effective ways to spice up the appearance of your garden, which would make it look like million bucks without actually forcing you to break the bank. For example, you can choose a color and emphasize it throughout your garden to add a sense of style. Or, you can plant some ornamental grasses and bring a designer touch to the exterior. You can also install some unusual lighting fixtures, like lanterns or string lights. After all, lighting is an extremely important element of design, and it’s too often overlooked.
Since the competition in the rental market is only getting bigger, increasing your property’s curb appeal might be an investment that would pay off in more ways than one. So, consider the above-listed suggestions, and you are more likely to attract good renters that would love and take care of your property as if it were their own.
by Chloe Taylor