Worldwide: Luxury vacation rental platform Triangle.Luxury has officially launched its digital marketplace for investors to acquire vacation rentals whilst in operation.
After attracting $700 million worth of vacation rental investment in only three months, Triangle.Luxury has launched its new digital platform which supports the monetisation of real estate through short-term rentals internationally.
Investors, family offices and investment funds can search for luxury rental properties up for sale, browsing photos, floorplans, and up to three years yield history.
By including the property manager in the sale of the property, the prospective owners have access to the property manager’s experience and assistance when investing in the property. Funds can directly communicate and request additional information whilst effectively allowing managers to remain in business after the properties have sold.
Moriya Rockman, CEO of Triangle.Luxury, said: “We’re excited to announce that our platform is now fully ready to help property managers enter the world of real estate. Property managers are the first to know if a vacation rental is up for sale. They now have a way to benefit from this sale and remain managing the property. We have placed the property manager at the core of the real estate deal.”
Luxury vacation rentals valued at around $1 million qualify for the closed network. Most of these properties listed are off-market.