Are you a real estate investor looking to capitalize on the booming short-term rental market? Phoenix, Arizona, is a prime location for your next investment. With its year-round sunshine, vibrant culture, and growing economy, Phoenix attracts tourists and business travelers alike. This blog post will guide you through some of the best condo communities in Phoenix that allow short-term rentals. You’ll learn about the benefits of investing in this market, key features to look for in a condo community, and examples of top-performing properties.
Pointe Resort at Tapatio Cliffs
Yet another marvel of Phoenix condo development, Pointe Resort at Tapatio Cliffs offers investors a potentially lucrative opportunity. It isn’t hard to get bookings for a place with multiple pools, jacuzzis, barbecue areas, basketball courts, tennis courts, and pickleball courts. The gated entry adds an extra layer of exclusivity and peace of mind. Many of the suites here come with a view, while all have ample space for living life to the fullest. Think big closets, open-concept kitchens, and private outdoor balconies. Kitchens are equipped with stainless steel appliances and easy-to-clean stone countertops. There’s parking for both residents and guests, although no car is needed to get to nearby parks and restaurants.
Meridian Condominiums
Driving up to Meridian Condominiums on North 32nd Street, it’s clear from the get-go that you’re going to have a great time. This Biltmore community of condos looks like a resort, complete with palm trees, a sparkling pool, a fitness center, a sauna, a grilling area, underground parking, and well-manicured landscaping. Step inside one of the units and prepare to be even more impressed. Spacious living areas, modern kitchens, and cozy bedrooms await. Many of the condos have been renovated since 1990 with finishes like hardwood floors, stone countertops, and stainless steel appliances. The location is unbeatable for both long-term residents and short-term guests. You’re just steps away from some of the best dining and shopping in Phoenix, including local favorites like The Collins, Hava Java, Safeway, and Matt’s Big Breakfast. Shoppers will appreciate being right down the road from Biltmore Fashion Park and Biltmore Plaza Shopping Center.
Thinking of investing in the Phoenix short-term-rental market? Contact our team of Phoenix real estate and property management experts before you buy to see how we can help with both the buying process and managing the property once you close!
Desert Breeze Villas
Desert Breeze Villas has a perfectly descriptive name for the kind of short-term vacation accommodations it offers. The community is a veritable oasis, with mature park-like landscaping, a giant resort-style pool and spa, a well-equipped fitness center, convenient barbecue stations, and a beautiful clubhouse for residents and guests to enjoy. Inside the many multi-bedroom condos, you’ll find thoughtful layouts with nine-foot ceilings, full-sized laundry rooms, walk-in closets, and open-concept living areas that flow seamlessly out to private balconies or patios. Desert Breeze Villas is within close proximity to Westgate City Center, which locals will know includes the Glendale Arena and the Cardinals Stadium, as well as numerous dining, shopping, and entertainment venues. But location isn’t the only thing Desert Breeze Villas has going for it.
Solaris Condominiums
Prospective Airbnb hosts looking to offer guests Phoenix living at its best should look no further than Solaris Condominiums. It’s located in the heart of the city’s Northside, just minutes from the many shops and restaurants of West Camelback Road. Vacationers won’t even need a car to go further thanks to the new local Light Rail system. Of course, they might not want to leave the premises at all considering all there is to see and do. Exploring amenities like a pool, a hot tub, an exercise room, a patio area, and a clubhouse could easily take up a whole day. Meanwhile, the units’ features create a genuine home away from home atmosphere that anyone could appreciate. Spacious bedrooms and well-appointed kitchens have been recently updated with modern finishes like stainless steel appliances and sleek cabinetry. Private balconies provide the perfect place to enjoy morning coffee or an evening cocktail while taking in the fresh Arizona air. Again, an experience rather than a regular hotel stay.
Royal Riviera
Royal Riviera’s spread of one-bedroom and two-bathroom condos is of great appeal to Phoenix home buyers and short-term rental property investors alike. This mid-century development’s living areas combine natural light with high-digit square footage at an affordable price point. All interiors have been tastefully updated with modern finishes like hardwood floors, recessed lighting, and fresh paint, while some suites tout upgrades such as stainless steel appliances, wine refrigerators, and gorgeous quartz countertops. Royal Riviera also boasts community amenities that rival those of a hotel. There’s a big pool, a private spa, plus tons of outdoor space to picnic on. Guests will find themselves surrounded by a variety of restaurants, bars, shops, and everything else that the vibrant city of Phoenix has to offer. The Phoenix Art Museum, the Heard Museum, and Chase Field are all nearby, which can easily be used as an angle to draw in event-specific renters.
Related Arizona Short-Term Rental Real Estate Content
Read more about what some of the Scottsdale area’s best residential communities and developments have to offer.