Business plan for property subletting

Investing in a property and then renting it out is one of the most traditional ways to generate passive income. However, we are living in turbulent times, where financing a property with a mortgage is a central problem. This raises the question of whether there is another way of generating rental income other than the traditional way. Therefore, the aim of this thesis is to create and verify the potential of a business plan for subletting, or short-term subletting of property, through the Airbnb platform. Based on data analysis, a business plan for subletting was developed and its profitability was compared in three locations in the Czech Republic - Brno, České Budějovice and Karlovy Vary. On the result of its creation, it was found that it is most profitable to implement this business plan in Brno for an unfurnished 2+kk apartment. The option for a furnished apartment in Brno would also be profitable, and from the second year of business, subletting also unfurnished apartments in Karlovy Vary and České Budějovice would be beneficial. The furnished apartments in Karlovy Vary and České Budějovice would not be worth subletting in the short term even from the second year of business. The recommendation to implement a subletting plan in these locations may be followed by an investor who does not have a large enough capital to purchase the property. If these recommendations are fulfilled, the investor may find an interesting source of passive income.