Aviato operates your STR property and we split the profit. Keep in mind that we would also share the downside risk of a slow season or extrinsic event.
We assume the occupancy risk and the property owner receives the established lease payment. We prefer gross leases but would also entertain other types of leases under the right circumstances.
1
Medium sized to large properties with established STR use – former hotels or hostels are ideal – with a bedroom to bathroom ratio as high as 2:1.
2
Since we offer work/live spaces, it is imperative that our members can have a spacious area to work with their laptops and other gadgets. A kitchen is also required as most of our members prefer to cook their own meals.
3
Most of our members come to the big city for career growth so accessibility to tech/corporate hubspots is a must.
4
Since most Aviato Club’s members will not have cars, a property in a walkable neighborhood is a high factor when selecting the right property. Easy access to public transport for those without cars is also preferred.
5
Easy access by public transport. Airport should be located less than an hour away from the property.
6
Recently remodeled/built properties are ideal. However, if permitted, we are willing to make improvements to bring the property up to Aviato’s standards.
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