Why are property management fees so much lower in Medellín than in Mexico?

Several structural factors explain the gap. First, labour costs: Colombia's lower cost of living translates to lower wages for property management staff. A property manager in Medellín earning a competitive salary costs the management company significantly less than an equivalent role in Puerto Vallarta or Cabo. Second, the market structure: Mexico's vacation rental management industry in coastal markets is more mature and more consolidated. Established operators in Puerto Vallarta and Playa del Carmen have built premium brands and can charge higher fees because there is a large supply of Canadian and American owners who are new to the market and accept the fee structure without negotiating. Medellín's management market is newer; operators have had to compete on price to attract the growing expat client base. Third, property type: most Medellín vacation rentals are apartments in urban buildings — lower complexity than beach villas. Fourth, operational overhead: Mexico's coastal markets often require more intensive management (storm season preparations, more complex HOA relationships, higher maintenance demand from salt air and humidity). The combination produces a genuinely lower fee structure in Medellín that is unlikely to fully converge with Mexican coastal rates in the medium term.

What does 'full-service vacation rental management' actually include?

Full-service vacation rental management typically covers the operational lifecycle of each booking from listing to checkout. This means: creating and maintaining listings on Airbnb, VRBO, Booking.com, and direct booking platforms; professional photography (usually a one-time setup cost); dynamic pricing management to optimize rates by season; guest inquiry response and booking confirmation; pre-arrival communication; check-in coordination (either in-person key handoff or keypad code management); routine maintenance calls during the stay; check-out and damage assessment; cleaning coordination (the cleaning itself is usually billed separately as a pass-through or per-clean charge); routine maintenance scheduling (pool cleaning, AC filter changes, minor repairs — the coordination is included but labor costs are billed); monthly disbursement of rental income less fees; and monthly reporting showing bookings, income, and expenses. What varies between operators: whether deep cleaning is included or extra; whether pool and garden contracts are included or passed through; whether the management fee is calculated on gross income (before Airbnb's host fee) or net income (after platform fees) — this distinction matters significantly for your actual net management cost.

Is it worth using a local property manager or managing remotely from Canada?

For most Canadian buyers, using a local property manager is essential unless you have a highly reliable, long-term trusted local contact who can perform the management functions themselves. The core problem with self-management from Canada is not the routine bookings — Airbnb and VRBO can run largely automatically — it is the non-routine events: a guest locks themselves out at 2 AM, a burst pipe is reported, a cleaning team doesn't show up before the next guest arrives, a hurricane is forecast and the property needs shutters closed. These situations require someone physically present who can act quickly. Without that, you damage guest experience (poor reviews hurt future bookings), damage the property (maintenance deferred by days or weeks causes more expensive repairs), and create insurance and liability exposure (an unmanaged property during a storm that could have been protected is an insurance claim problem). The property management fee, while significant, is genuinely buying operational reliability and the ability to own a rental property while living 4,000 kilometres away. The question is whether the specific manager you are hiring provides that reliability — references from other Canadian owners are the most important qualification check.

How does the condotel management model in the Dominican Republic work?

The condotel model — common in Punta Cana, Bávaro, and some other Caribbean resort zones — is a hybrid between owning a condo and investing in a hotel. You purchase a unit in a resort-branded building (Barceló, Iberostar, Melia, and smaller brands all have condotel programs); the hotel management company manages the unit as part of the hotel inventory when you are not using it; you share in the rental revenue minus the hotel's operating cost allocation. The critical difference from independent management: in a condotel, the management company controls the pricing, the booking channels, and the operating cost structure. You do not set the rental rate or choose Airbnb. The revenue share you receive is after the hotel deducts operating costs — including its allocation of general hotel amenities, staffing, and overhead. Condotel management agreements vary widely: some offer fixed returns (e.g., 5% of purchase price annually regardless of occupancy), others offer proportional revenue sharing. Before purchasing a condotel unit, the management agreement is as important as the purchase price — read it carefully, specifically: the cost allocation methodology, the minimum guaranteed return (if any), the exit rights (can you withdraw the unit from the hotel program?), the owner's personal use rights and blackout periods, and the termination provisions.

How do I evaluate whether a property manager is worth hiring?

The evaluation criteria for a foreign property manager are different from hiring a property manager in Canada. The key checks: (1) References from other Canadian or foreign owners specifically — ask for introductions to current clients who can give you an unfiltered assessment of the manager's responsiveness, accounting accuracy, and reliability during non-routine events. (2) Track record through disruptive events — how did they perform during the last hurricane season? During COVID travel restrictions when bookings collapsed? A manager's response to difficulty is more revealing than their routine performance. (3) Accounting transparency — do they provide itemized monthly statements with all income and expenses? Do you receive rental income promptly after guest checkout? Are cleaning and maintenance charges backed by receipts? Accounting opacity is a red flag. (4) Communication responsiveness — test them before you commit: send an inquiry as a prospective client, then as a prospective owner. How quickly and completely do they respond? (5) Market knowledge — can they tell you specific occupancy rates, average daily rates, and seasonal patterns for your property type in the specific location? If they cannot give you specific numbers from comparable properties, they may be overselling their capabilities. (6) Contract terms — specifically the termination clause. A management contract that requires 6–12 months' notice to terminate gives the manager significant leverage and limits your ability to switch if service is poor.

What is a typical net rental yield after management fees and expenses?

Net rental yield calculations for foreign properties require careful construction, as the management fee is only one of several cost deductions. A typical net yield calculation for a vacation rental in Mexico or Costa Rica: Gross rental revenue (100%) minus Airbnb/platform fees (3–5%) minus property management fee (15–25%) minus deep cleaning costs (variable — estimate USD $1,200–$2,400/year for 12–24 cleans at $100 average) minus pool and garden service (if applicable — USD $1,500–$2,500/year) minus property insurance (1–2.5% of property value) minus HOA fees minus property tax (predial in Mexico — modest, typically USD $200–$600/year) minus CRA-reportable income tax. The net yield after all operating costs — before Canadian income tax — for a well-managed vacation rental property in Mexico typically runs 5–9% of property value in a good year. Costa Rica tends slightly lower (higher fees, higher operating costs) and Medellín Colombia slightly higher (lower fees, lower operating costs). These yields are before the effect of property appreciation, which has been positive in most major markets over the past decade but should not be counted in an income-only projection.

Why are property management fees so much lower in Medellín than in Mexico?

Several structural factors explain the gap. First, labour costs: Colombia's lower cost of living translates to lower wages for property management staff. A property manager in Medellín earning a competitive salary costs the management company significantly less than an equivalent role in Puerto Vallarta or Cabo. Second, the market structure: Mexico's vacation rental management industry in coastal markets is more mature and more consolidated. Established operators in Puerto Vallarta and Playa del Carmen have built premium brands and can charge higher fees because there is a large supply of Canadian and American owners who are new to the market and accept the fee structure without negotiating. Medellín's management market is newer; operators have had to compete on price to attract the growing expat client base. Third, property type: most Medellín vacation rentals are apartments in urban buildings — lower complexity than beach villas. Fourth, operational overhead: Mexico's coastal markets often require more intensive management (storm season preparations, more complex HOA relationships, higher maintenance demand from salt air and humidity). The combination produces a genuinely lower fee structure in Medellín that is unlikely to fully converge with Mexican coastal rates in the medium term.

What does 'full-service vacation rental management' actually include?

Full-service vacation rental management typically covers the operational lifecycle of each booking from listing to checkout. This means: creating and maintaining listings on Airbnb, VRBO, Booking.com, and direct booking platforms; professional photography (usually a one-time setup cost); dynamic pricing management to optimize rates by season; guest inquiry response and booking confirmation; pre-arrival communication; check-in coordination (either in-person key handoff or keypad code management); routine maintenance calls during the stay; check-out and damage assessment; cleaning coordination (the cleaning itself is usually billed separately as a pass-through or per-clean charge); routine maintenance scheduling (pool cleaning, AC filter changes, minor repairs — the coordination is included but labor costs are billed); monthly disbursement of rental income less fees; and monthly reporting showing bookings, income, and expenses. What varies between operators: whether deep cleaning is included or extra; whether pool and garden contracts are included or passed through; whether the management fee is calculated on gross income (before Airbnb's host fee) or net income (after platform fees) — this distinction matters significantly for your actual net management cost.

Is it worth using a local property manager or managing remotely from Canada?

For most Canadian buyers, using a local property manager is essential unless you have a highly reliable, long-term trusted local contact who can perform the management functions themselves. The core problem with self-management from Canada is not the routine bookings — Airbnb and VRBO can run largely automatically — it is the non-routine events: a guest locks themselves out at 2 AM, a burst pipe is reported, a cleaning team doesn't show up before the next guest arrives, a hurricane is forecast and the property needs shutters closed. These situations require someone physically present who can act quickly. Without that, you damage guest experience (poor reviews hurt future bookings), damage the property (maintenance deferred by days or weeks causes more expensive repairs), and create insurance and liability exposure (an unmanaged property during a storm that could have been protected is an insurance claim problem). The property management fee, while significant, is genuinely buying operational reliability and the ability to own a rental property while living 4,000 kilometres away. The question is whether the specific manager you are hiring provides that reliability — references from other Canadian owners are the most important qualification check.

How does the condotel management model in the Dominican Republic work?

The condotel model — common in Punta Cana, Bávaro, and some other Caribbean resort zones — is a hybrid between owning a condo and investing in a hotel. You purchase a unit in a resort-branded building (Barceló, Iberostar, Melia, and smaller brands all have condotel programs); the hotel management company manages the unit as part of the hotel inventory when you are not using it; you share in the rental revenue minus the hotel's operating cost allocation. The critical difference from independent management: in a condotel, the management company controls the pricing, the booking channels, and the operating cost structure. You do not set the rental rate or choose Airbnb. The revenue share you receive is after the hotel deducts operating costs — including its allocation of general hotel amenities, staffing, and overhead. Condotel management agreements vary widely: some offer fixed returns (e.g., 5% of purchase price annually regardless of occupancy), others offer proportional revenue sharing. Before purchasing a condotel unit, the management agreement is as important as the purchase price — read it carefully, specifically: the cost allocation methodology, the minimum guaranteed return (if any), the exit rights (can you withdraw the unit from the hotel program?), the owner's personal use rights and blackout periods, and the termination provisions.

How do I evaluate whether a property manager is worth hiring?

The evaluation criteria for a foreign property manager are different from hiring a property manager in Canada. The key checks: (1) References from other Canadian or foreign owners specifically — ask for introductions to current clients who can give you an unfiltered assessment of the manager's responsiveness, accounting accuracy, and reliability during non-routine events. (2) Track record through disruptive events — how did they perform during the last hurricane season? During COVID travel restrictions when bookings collapsed? A manager's response to difficulty is more revealing than their routine performance. (3) Accounting transparency — do they provide itemized monthly statements with all income and expenses? Do you receive rental income promptly after guest checkout? Are cleaning and maintenance charges backed by receipts? Accounting opacity is a red flag. (4) Communication responsiveness — test them before you commit: send an inquiry as a prospective client, then as a prospective owner. How quickly and completely do they respond? (5) Market knowledge — can they tell you specific occupancy rates, average daily rates, and seasonal patterns for your property type in the specific location? If they cannot give you specific numbers from comparable properties, they may be overselling their capabilities. (6) Contract terms — specifically the termination clause. A management contract that requires 6–12 months' notice to terminate gives the manager significant leverage and limits your ability to switch if service is poor.

What is a typical net rental yield after management fees and expenses?

Net rental yield calculations for foreign properties require careful construction, as the management fee is only one of several cost deductions. A typical net yield calculation for a vacation rental in Mexico or Costa Rica: Gross rental revenue (100%) minus Airbnb/platform fees (3–5%) minus property management fee (15–25%) minus deep cleaning costs (variable — estimate USD $1,200–$2,400/year for 12–24 cleans at $100 average) minus pool and garden service (if applicable — USD $1,500–$2,500/year) minus property insurance (1–2.5% of property value) minus HOA fees minus property tax (predial in Mexico — modest, typically USD $200–$600/year) minus CRA-reportable income tax. The net yield after all operating costs — before Canadian income tax — for a well-managed vacation rental property in Mexico typically runs 5–9% of property value in a good year. Costa Rica tends slightly lower (higher fees, higher operating costs) and Medellín Colombia slightly higher (lower fees, lower operating costs). These yields are before the effect of property appreciation, which has been positive in most major markets over the past decade but should not be counted in an income-only projection.

Reviewed on March 2026 by the Compass Abroad editorial team

Property Management Fee Comparison: Mexico, Costa Rica, Dominican Republic, Colombia — 2026

Property management fees for vacation rentals abroad range from 8% (Medellín, Colombia) to 30% (Costa Rica remote properties). Mexico's major markets charge 15–25%: Puerto Vallarta 15–20%, Playa del Carmen 18–25%, Los Cabos 20–25%. Dominican Republic (Punta Cana) runs 15–20%. The base fee is only part of the story — deep cleaning ($80–250/clean), pool service, and renovation oversight are typically billed separately.

The management fee determines a significant portion of your net rental yield. A 5 percentage point difference in management fee — say, 20% vs 15% — translates to a 25% reduction in your management cost, which flows directly to net income. Understanding what is and is not included in the quoted percentage is as important as the percentage itself.

Key Takeaways

Property management fees for vacation rental properties abroad typically range from 8% to 30% of gross rental revenue, depending on destination and service level. The fee is only one component of the total management cost — many services that Canadians assume are included are billed separately.
Colombia (Medellín) has the lowest property management fees in the region for comparable service: 8–12% of gross rental revenue. This reflects Medellín's lower labour costs, more competitive management market, and the fact that the short-term rental management ecosystem is newer and less entrenched than in mature Mexican markets.
Mexico's established vacation rental markets — Puerto Vallarta, Playa del Carmen, and Los Cabos — charge 15–25% of gross rental revenue for full-service vacation rental management. Puerto Vallarta runs 15–20% for most standard condos; Playa del Carmen (with higher Airbnb density and competition) runs 18–25%; Los Cabos tends to 20–25% reflecting the premium market positioning and higher-value properties.
Costa Rica's primary vacation rental markets (Nosara, Tamarindo, Manuel Antonio, and Guanacaste resort areas) run 20–30% — the highest range in the region. The higher rates reflect genuine service complexity: many Costa Rica properties are standalone villas or houses (not condos) with pools, landscaping, and complex systems; distances between properties are greater; and the labour market for skilled property staff is competitive.
The Dominican Republic's Punta Cana hotel-zone corridor (Bávaro, Punta Cana resort zone) runs 15–20%, comparable to Puerto Vallarta. The DR's condotel model — properties within hotel-branded resort complexes — often uses hotel management rather than independent property management companies, with fee structures and service levels tied to the hotel management agreement.
What is typically included in a full-service management fee: tenant screening and booking management (Airbnb, VRBO, direct bookings), check-in and check-out services, rent collection, routine maintenance coordination, HOA/condominium administration liaison, and monthly reporting. Most managers include internet and cable bill payment in the management scope.
What is typically extra (billed beyond the base management fee): deep cleaning between bookings (usually billed per cleaning — USD $80–$200 depending on property size and location), renovation oversight or major repair management (often billed at an additional 10–15% of the contractor cost), tax filing assistance for local rental income taxes, pool and garden service contracts (billed directly or at cost-plus), and AC servicing.
For Canadian buyers who plan to use the property personally for part of the year and rent it for the remainder, a co-hosting or hybrid model — where the manager handles bookings and guest services but the owner manages maintenance directly — can reduce the management percentage to 10–15% in most markets. This requires more owner involvement from Canada but materially reduces the management cost.

Property Management Fees Abroad: Key Numbers

Medellín (Colombia) management fee range: 8–12% of gross rental revenue — lowest in the Americas for comparable service(Compass Abroad market research, 2025)
Puerto Vallarta (Mexico) management fee range: 15–20% of gross rental revenue(Compass Abroad market research, 2025)
Playa del Carmen (Mexico) management fee range: 18–25% of gross rental revenue(Compass Abroad market research, 2025)
Los Cabos (Mexico) management fee range: 20–25% of gross rental revenue(Compass Abroad market research, 2025)
Costa Rica (Nosara, Tamarindo) management fee range: 20–30% of gross rental revenue — highest in the region(Compass Abroad market research, 2025)
Dominican Republic (Punta Cana) management fee range: 15–20% of gross rental revenue (condotel models vary)(Compass Abroad market research, 2025)
Typical included services: Booking management, check-in/out, rent collection, maintenance coordination, HOA liaison(Property management industry standard)
Typical extra charges: Deep cleaning ($80–$200/clean), renovation oversight (10–15% of cost), tax filing, pool/garden(Property management industry standard)

Fee Comparison by Destination

The following rates reflect full-service vacation rental management (short-term rental) for a standard one-to-three bedroom condo or small house. Management fees for long-term rentals (12+ month leases) are typically 5–10% of monthly rent — significantly lower, reflecting the reduced operational intensity relative to vacation rental turnover management.

Destination	Management Fee Range	Typical Model	What's Included	Notable Extras
Medellín, Colombia (El Poblado, Laureles)	8–12%	Short-term rental co-hosting; professional property management companies are newer and competitive	Airbnb/booking management, guest communication, check-in/out, basic maintenance coordination	Cleaning (USD $30–$60/clean), renovation oversight, tax registration assistance
Cartagena, Colombia (Walled City, Bocagrande)	10–15%	Tourism-focused vacation rental management; some hotel management programs for high-end units	Booking management, guest services, check-in/out, monthly reporting	Deep cleaning, amenity restocking, minor repairs
Puerto Vallarta, Mexico (Banderas Bay area)	15–20%	Full-service vacation rental management; well-developed industry with multiple operators	Booking, check-in/out, rent collection, maintenance coordination, HOA liaison, utilities management	Deep cleaning ($80–$150/clean), major repair oversight, renovation management, tax return filing
Playa del Carmen / Riviera Maya, Mexico	18–25%	Dense Airbnb market; competitive but premium services; some condo developments have in-house management	Booking, guest communication, check-in/out, routine maintenance, utilities	Deep cleaning ($100–$200/clean), renovation oversight, cenote access coordination, pool service
Los Cabos / Cabo San Lucas, Mexico	20–25%	Premium market; higher-value properties; management companies often integrated with luxury rental programs	Full booking management, concierge services, maintenance, HOA, utilities, pool and garden coordination	Deep cleaning ($150–$250/clean), boat/ATV rental coordination, renovation oversight
Nosara / Tamarindo, Costa Rica (Guanacaste)	20–30%	Villa and house-focused; complex standalone properties; higher labour costs; longer drive times between properties	Full booking management, gardening coordination, pool management, security monitoring, maintenance	Airport transfers, deep cleaning, renovation oversight — some managers bill pool as part of package
Manuel Antonio / Dominical, Costa Rica (Pacific South)	22–30%	Remote locations with higher service complexity; limited manager competition vs major tourist corridors	Full service including generator monitoring, water system management, jungle maintenance	Property access road maintenance, generator service, water delivery if applicable
Punta Cana / Bávaro, Dominican Republic	15–20% (independent) or hotel management agreement	Condotel (hotel-branded resort condo) model common; independent management also available	Booking, check-in/out, hotel amenity access coordination, maintenance	Condotel programs often deduct hotel operating costs before sharing revenue — read the management agreement carefully
Las Terrenas / Samaná, Dominican Republic	15–20%	Smaller market, established expat community, boutique management operators	Booking, guest services, maintenance coordination, utilities	Deep cleaning, renovation oversight
San Pedro, Ambergris Caye, Belize	20–25%	Island logistics drive costs; quality operators well-established; golf cart delivery included by some	Booking, check-in/out, maintenance, utilities, HOA liaison, storm preparation	Deep cleaning, boat coordination for north island properties, generator maintenance

What's Included vs What's Extra: The Full Breakdown

The quoted management percentage often understates the true cost of managed vacation rental ownership abroad. Understanding what is billed within the management fee versus billed separately is essential for building an accurate pro forma. The table below reflects industry standard practices — individual operators vary.

Service	Typically Included	Typically Extra	Cost if Extra
Booking channel management (Airbnb, VRBO, direct)	Yes — standard
Guest communication and support	Yes — standard
Check-in and check-out coordination	Yes — standard
Rent collection and disbursement	Yes — standard
Routine maintenance coordination	Yes — coordination included; labor cost billed
Monthly financial reporting	Yes — standard
HOA fee administration	Yes in most markets — liaison and payment coordination
Deep cleaning between bookings	Rarely included in base fee	Yes — typically billed per clean	USD $80–$250 per clean depending on market and property size
Pool service contract	Varies — included in some Costa Rica and Cabo markets	Common in Mexico and Belize — billed at cost or cost-plus	USD $60–$120/month
Garden and landscaping	Included in some full-service Costa Rica packages	Usually separate in Mexico, Belize, Colombia	USD $50–$150/month
Renovation and major repair oversight	Rarely included	Yes — typically billed at 10–15% of project cost	10–15% of contractor cost
Tax return filing (local rental income taxes)	Rarely included	Yes — billed separately or as part of accountant relationship	USD $200–$600/year
Hurricane/storm preparation	Varies — included by some Belize and Mexico operators	Sometimes extra	USD $100–$300 per storm preparation event
Airport transfer coordination	Some operators include for first arrival	Often extra	USD $40–$100 per transfer

Mexico: Market-by-Market Analysis

Mexico's three major vacation rental markets have meaningfully different management fee structures, driven by market maturity, competition levels, and operational complexity.

Puerto Vallarta (15–20%): Puerto Vallarta has the most mature and competitive vacation rental management market in Mexico. The city has had a significant foreign property ownership base since the 1970s; the management industry is well-developed with dozens of established operators, from large players like Premier Holidays and COZY Homes to independent boutique operators. Competition keeps fees in the 15–20% range for most properties. The salt-air coastal environment means AC systems, appliances, and building systems degrade faster than in drier climates, driving higher maintenance costs that offset some of the fee advantage.

Playa del Carmen / Riviera Maya (18–25%): The Riviera Maya has a dense, competitive Airbnb market with high occupancy rates during peak season. Management companies charge slightly higher than Puerto Vallarta, partly because Playa's property base has shifted toward higher-end units, and partly because the tourism density drives higher operational volume (more bookings, more turnovers). The higher Airbnb occupancy rates mean that at 20% management, the absolute dollar amount per month can still compare favourably to Puerto Vallarta at 17% if the Playa property achieves higher total revenue.

Los Cabos / Cabo San Lucas (20–25%): Los Cabos is positioned as the premium market, and management fees reflect this. Many properties in the Cabo corridor are higher-value (USD $400K+), and management companies have calibrated their service levels and pricing to the expectations of wealthy owners. The geographic isolation of Baja California Sur (no direct land connection to the Mexican mainland) means that parts and contractors come at a premium, which flows through to management overhead. Some Los Cabos management companies operate within resort HOA structures that bundle management fees with HOA administration.

Costa Rica: Why Fees Are Higher and What You Get

Costa Rica's 20–30% management fees are the highest in the region, and they reflect genuine operational complexity rather than simply market power. Several factors drive the elevated range:

Property type: Most Canadian investment properties in Nosara, Tamarindo, Dominical, and Manuel Antonio are standalone villas or houses with private pools, landscaping, and multiple mechanical systems — not condo units where the HOA handles the building envelope. A villa with a pool, solar water heater, generator backup, and 2,000 square metres of landscaping is far more labour-intensive to manage than a one-bedroom condo.
Labour costs: Costa Rica has a significantly higher minimum wage and stronger labour protections than Mexico or Colombia. Staff costs for cleaners, gardeners, and maintenance workers are higher per hour.
Geographic spread: In a small market like Nosara, a property manager may be responsible for properties spread across 20 kilometres of rough roads. The time and vehicle cost of physically servicing properties is significant.
Rainy season intensity: Costa Rica's tropical rainy season (May–November) is intense; vegetation grows rapidly, drainage systems need regular clearing, and properties require more active maintenance than in drier climates.

For Canadian buyers, the higher management fee in Costa Rica should be evaluated against what is included. Many Costa Rica full-service managers include pool service, garden maintenance, and generator management in their package — costs that would be extra in Mexico. The effective cost differential after normalizing for inclusions is smaller than the headline percentage difference suggests.

Long-Term Rental vs Vacation Rental: The Fee Difference

All the rates in this guide refer to short-term vacation rental management — the Airbnb and VRBO model with frequent guest turnover. Long-term rental management (12+ month leases to a single tenant) operates on a completely different fee structure.

Long-term property management fees:

Mexico: 5–8% of monthly rent
Colombia: 5–8% of monthly rent (some companies charge fixed monthly fees)
Costa Rica: 8–12% of monthly rent
Dominican Republic: 8–10% of monthly rent
Belize: 8–12% of monthly rent

Long-term rental management is less operationally intensive — the manager places the tenant, collects rent monthly, and coordinates maintenance. There is no cleaning between bookings, no guest communication, no check-in/out logistics. The trade-off is that long-term rental rates are typically 30–50% of what the same property could generate at full short-term rental occupancy. For Canadian buyers who want passive income with minimal management complexity, long-term rental with a reputable manager is a lower-hassle option — for those who want to maximize income and have personal use of the property for part of the year, the vacation rental model at 15–25% management fees is the standard approach.

Frequently Asked Questions

Get Matched With a Property Manager in Your Target Market

We can connect you with vetted property managers in Puerto Vallarta, Playa del Carmen, Medellín, Nosara, Punta Cana, and other markets — agents who have worked with Canadian owners and can give you specific numbers, not estimates.