Scottsdale, Arizona, is a haven for real estate investors looking to tap into the lucrative short-term rental market. Known for its sunny weather, vibrant arts scene, and world-class golf courses, Scottsdale attracts tourists year-round. This makes it an ideal location for property investors seeking high returns through short-term rentals. In this guide, we’ll explore the best condo communities in Scottsdale that allow short-term rentals, offering valuable insights and tips for real estate investors.

Maya Condominiums

Most buildings are considered past their prime after hitting 50 years old. Yet, outliers like Maya Condominiums prove it’s possible to age with class. This apartment complex remains highly sought after more than five decades after its initial completion in 1971. A lot has changed since then, especially in real estate. The original developers wouldn’t have been able to imagine just how expensive Arizona condos are today. Airbnb wasn’t a thing in the 70s, so work was done with the expectation of people living in their units full-time. That quality gets noticed by guests, and it’s also an asset for Airbnb hosts who want a property that’s poised to last. Maya Condominiums’ spacious one to two-bedroom suites are within walking distance to Old Town and Fashion Square. The Phoenix Convention Center is a mere 13 miles away, while Desert Botanical Gardens are an even closer five miles from the community. Several hotel-like amenities can be found on-site, including a heated pool, a spa, and a clubhouse.

Woodland Springs

The Woodland Springs condo complex offers the abundant space and modernity that people turn to Airbnb looking for while vacationing. The large condo complex was seemingly made with short-term renters in mind, offering practical layouts that can be adapted to a variety of needs. Prospective hosts can nab one or two-bedroom units at a relatively affordable price point starting in the two hundred thousands. Most accommodations have 600 square feet of space, if not more. Finished in 1972, this building has been updated over the years to keep things fresh and functional. It offers a surprising number of amenities, from a pool, spa, and hot tub to tennis courts, a community barbecue area, and private patios.

Signature Condominium Homes

Signature Condominium Homes is a hot address on Airbnb and Vrbo, and that’s for good reason. The community’s resort-like atmosphere makes great guest experiences and five-star reviews a practical given. Who wouldn’t enjoy their time at a place with two pools, a massive clubhouse, a workout facility, and sprawling outdoor green spaces? The suites themselves are even more of a win-over. One-bedroom, two-bedroom, and three-bedroom layouts are spread out across several two and three-story buildings with exterior access and balconies. Owners opt to make spaces their own by upgrading kitchens and bathrooms to their tastes, but the bones are solid across the board. Expect well-maintained flooring, durable countertops, and a mix of standard and high-end appliances. These condos are nestled in a great part of Scottsdale, just a few minutes walk to Starbucks, Walgreens, and multiple restaurants. Everything you – or your guests – could need is within convenient reach.

Alamos

Alamos is an excellent choice for Airbnb hosts looking to capitalize on Scottsdale’s booming short-term rental market. Built in 1979, this community comprises a diverse offering of 1,000-square-foot to 1,400-plus square-foot homes. The majority of them have been upgraded to reflect twenty-first-century style and comfort. Common characteristics between units include stainless steel appliances, fireplaces, washers and dryers, smart thermostat systems, and walk-out patios. The lush, landscaped grounds outside provide a tranquil oasis just minutes from Scottsdale’s finest attractions. Handy stores and shops like Trader Joe’s, AJ’s Fine Foods, and Starbucks are all ready to be explored – after a quick dip in the community pool, of course.

Riverwalk Condominiums

Few hotels can match the perks Riverwalk Condominiums has to offer. It’s jam-packed with things to brag about on Airbnb, from a community pool and a hot tub to a fitness center, media room, and playground. The common community spaces in between are well-kept by dedicated on-site management and maintenance teams. Open unit layouts can comfortably sleep four to six guests – or give one person an absolute palace of space. Soaring vaulted ceilings make the living areas feel even more expansive. Each condo is outfitted with must-have amenities like in-unit laundry, fully equipped kitchens, and private patios or balconies. Guests will appreciate thoughtful touches like high-speed internet, cable TV, and washers and dryers. Location is another huge draw. Riverwalk Condominiums is situated just steps from the picturesque Indian Bend Wash Greenbelt’s miles of scenic walking and biking trails, not to mention lots of lively restaurants, bars, and shops in Old Town Scottsdale.