Yurts are an excellent option for those looking for a temporary escape to nature without completely abandoning the luxuries of home. They also make amazing permanent houses for people embracing tiny home living who want to live simply and comfortably in a unique setting. Because of their endless options for customization, yurts can even find use as personal offices, fitness classrooms, art studios, and more.
With yurts’ many unique uses, durability, and options for personalization, purchasing a yurt can also be a smart long-term investment financially.
One way to make passive income off of your yurt is to rent it out for glamping or as a vacation rental through a site such as Airbnb. If you live close to a major metropolitan city, providing a small, affordable, and unique place to stay is going to be very appealing to those looking to visit without breaking the bank. On the other hand, if you have a yurt on your rural property, a nature-filled getaway in a yurt could be just the escape someone is looking for.
Quick Return on Investment
Your return on investment (ROI) will be quick considering that modern and luxury yurts can save money in construction costs compared to traditional building types. A high-end luxury yurt will allow you to charge guests more based off of the amenities you offer, the dates that are available, and your location. Renting out your yurt is an excellent way to gain income and to provide someone with a very memorable experience.
The durability and potential portability of most yurts should make you feel confident in your investment. Rather than a classic car that you need to fix and update time and time again to keep running, modern steel-framed yurts are unique structures that not only can be used in many different ways, but will last you for decades to come. Thanks to quality ventilation and insulation systems, heavy-duty and weather-resistant fabric, and strong steel frames, you won’t have to worry about modern yurts needing costly or frequent repairs.
Multiple Uses to Save on Rent
Yurts can help you kick off your small business by being used as a shop or pop-up restaurant. You can also utilize your yurt as an art studio or music recording space. Finding multiple uses for your yurt will end up saving you the expensive fees you would otherwise pay in order to rent a retail space or studio from a separate landlord or real estate company.
[Related: Unique Uses for Yurts]
Ability to Resell
With yurts coming into popularity alongside the tiny home movement, the demand for these round, minimalist oases is high. If you take care of your yurt and add desirable and stylish amenities, you should be able to resell it for a satisfying amount. Websites such as yurttrader.com and tinyhouselistings.com make it easy to list and sell your yurt — and turn a decent profit.
Guesthouse for Family, Friends, and Caretakers
Having a yurt on your property can be a great solution for housing an elderly family member such as a parent or grandparent. Setting them up to stay close to home but in their own yurt will allow them to maintain their independence while letting you help them easily if they need it.
A yurt is also an excellent guesthouse for a live-in nanny or caretaker, or any friends or family who come to visit. Keeping a yurt as a guest house will give you and your guests privacy and space, and make everyone’s stay (whether short- or long-term) more comfortable.
Are you interested in setting up a yurt on your property to serve as your studio or retail space, or as a rentable vacation getaway? We can help! WeatherPort Shelter Systems™ is ready to answer any questions you might have about our yurts and work with you to find the best solution for your situation.
To learn more about WeatherPort yurts or our other building solutions, please contact us using the following: