"Grodno apartment rental earnings revealed by Belaruska, with the initial month proving unexpected."
In the heart of Grodno, a tourist city known for its shortage of rental apartments and hotels, a two-bedroom apartment has become a lucrative venture for its owner, Inna. After a year of remaining empty, Inna decided to rent out the apartment on August 9, 2023.
Inna, who now resides in a house outside the city with her husband, bought the apartment for personal use and made necessary repairs to suit her needs. The first month of renting proved to be quite successful, with more than 2700 rubles collected. This income was enough to fully close all the credits, a welcome relief for Inna.
However, the first month was not without its challenges. Idle times were experienced due to a lack of advertising. Nevertheless, 16 nights were booked, a promising start for the new venture.
Despite the initial difficulties, Inna considers the amount of money she received from renting as quite good. The apartment, which was losing relevance and was bought on credit, with some furniture and appliances taken on installment, now serves as a source of income.
It was not an easy decision for Inna to rent out her personal space. She found it difficult to make the transition, but the potential benefits outweighed her reservations. Grodno's high demand for rental apartments and hotels during the season made it a viable option.
The success of Inna's rental venture serves as an inspiration for other homeowners in Grodno, demonstrating that even underutilised properties can generate significant income.
