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Renting out a private swimming pool: costs and risks

Private pool rental

Renting out a private swimming pool: costs and risks

Renting Out a Private Pool: Costs, Risks, and Extras You Should Know About

Renting a private pool has become an increasingly popular trend, especially after the rise in demand during the COVID-19 pandemic. However, the market for pool rentals has slowed down significantly in recent years. Rising energy bills have shifted focus to essential priorities like insulation, leaving leisure facilities such as pools in second place. Despite this, renting out a private pool remains an appealing option for both homeowners and vacationers. But what are the costs, risks, and additional services involved in renting a private pool?

What Are the Costs of Renting a Private Pool?

The cost of renting a private pool can vary depending on several factors, such as location, pool size, and the duration of the rental. On average, prices range from €15 to €50 per person for half a day. However, in more remote areas, you might find private pools for as low as €10 for two hours. Prices can also fluctuate based on the season, with higher rates during summer months or peak vacation periods.

For pool owners, it’s important to factor in the additional costs associated with renting out their pool. Pool maintenance, insurance, and ensuring compliance with safety regulations are necessary expenses that go beyond the rental price. On average, the yearly costs to heat and maintain a pool range between €1,000 and €2,000. This means that rental prices need to be set thoughtfully to cover these ongoing expenses and mitigate the risks involved.

Risks of Renting Out a Private Pool

While renting out a pool can be an attractive income source, there are considerable risks for homeowners. The most significant risk is safety, as owners can be held liable for accidents or drownings that occur in their pool. To minimize these risks, it’s crucial to take appropriate precautions.

Safety Measures

Ensure that you’ve taken sufficient safety measures, such as installing a secure fence around the pool, setting up alarms, and regularly checking the water quality. Pool and water maintenance are essential to avoid health hazards for your renters. Additionally, make sure that you have adequate first aid provisions, such as a life buoy, first aid kits, and clear emergency instructions for renters.

Obtaining suitable insurance is another critical step. This will protect you from liability in the event of accidents. It’s advisable to get insurance that covers legal liability, so you’re not left facing unexpected costs if something goes wrong.

Extras That Increase Rental Prices

Many renters are also looking for additional services to enhance their experience. This might include access to a barbecue, lounge chairs, pool toys, or even a hot tub. These extra services can increase the rental price and provide an improved experience for guests, encouraging them to return or pay a higher fee.

Prices for extras vary, with a barbecue, lounge chairs, or towels costing just a few extra euros. For luxury items, such as a hot tub or massage services, costs can rise to tens of euros. As a pool owner, you can boost your earnings by offering these additional services, but you should consider whether you can cover the extra expenses by raising the rental price.

Conclusion: Renting a Private Pool, a Lucrative Yet Risky Business

Renting out a private pool offers both rewards and challenges for homeowners. On one hand, it can be a profitable way to generate income from an underused property. On the other hand, there are significant responsibilities and costs involved. Setting the rental price properly to cover maintenance, insurance, and safety measures is key, while always ensuring safety is the top priority. Extras can greatly enhance the rental experience for tenants, but it’s important to adjust the price accordingly.

For those who manage it well, renting out a private pool can be a fantastic way to earn extra income during times of rising costs, while vacationers enjoy the ultimate luxury and privacy.