At first glance, renting out your own apartment in paradise may seem like a great idea. “I’ll buy a property, list it on Airbnb or Booking, and start earning” – many investors think this way. Unfortunately, reality quickly proves that this is not passive income, but a logistical nightmare.

Why is self-managed rental a trap?

• Cleaning and service – after every guest, the apartment must be cleaned, the linen replaced, and the condition of the unit inspected. Outsourcing this individually is costly.

• Guests 24/7 – a broken air conditioner, missing airport transfer, or a request at midnight – all issues must be solved immediately to avoid negative reviews.

• Advertising and bookings – competition is intense. Owners have to pay for ads, manage online listings, and respond to countless inquiries.

• Seasonality – occupancy depends heavily on the season, and without a strong marketing campaign, it is almost impossible to fill the calendar year-round.

• Legal restrictions – in many countries, short-term rentals (Airbnb) are either banned or strictly regulated.

Why does the condo hotel model win?

In a condo hotel, you are never on your own. Your apartment becomes part of a professionally managed five-star resort with a dedicated team of specialists.

• Economies of scale – employing a cleaning team for an entire resort is far more efficient than for a single unit. Global marketing campaigns for a luxury resort are more effective than advertising a single room on Airbnb. Professional operators negotiate contracts with tour operators and travel agencies – something an individual owner cannot achieve.

• Maximized returns – marketing teams, reception, housekeeping, and technical staff ensure the resort operates at the highest standard and generates maximum rental income. An individual owner cannot match such occupancy or daily rates.

• True comfort for the owner – as an investor, you enjoy a truly passive model: a few weeks of holidays in your apartment each year, while the rest of the time it generates income for you.

Cocco Lagoon – investment without the nightmare

This is exactly how Cocco Lagoon operates – the first five-star condo hotel on Pemba Island. Here, professionals manage your property, and you benefit from economies of scale and full operational support.
Instead of dealing with the logistical nightmare of self-managed rentals, choose the condo model – profitable, secure, and stress-free.