“I feel LuxuryRental.com will suit an astute investor with an understanding of the opportunities and investment income here," Romano says. "The domain alone is currently appraised at $37,000, and we’ve built a fantastic website."
(PRWEB) July 11, 2012
Vacation Rental Organization (VacationRental.org), the company that owns the domain LuxuryRental.com, is selling the LuxuryRental.com domain and website content.
The subscription-based website provides property owners with the opportunity to list their vacation homes for rent, and travelers interested in renting with a means to contact the property owners. The property owner pays a small annual fee.
The recently launched site’s value is primarily in its domain and technology, with first month revenues expected to be around $1,500 according to Romano. In the future, LuxuryRental.com can be scaled up to include luxury car rentals, boat rentals, jet rentals, and additional high end travel-related rental properties.
The finely tuned site was custom created by Breakaway Solutions, which specializes in developing PHP-based luxury travel accommodation websites. LuxuryRental.com currently has 5,000 listings imported from other sites owned and operated from Vacation Rental Organization, and with more than 400,000 active vacation rental listings on the Internet today, the potential to increase LuxuryRental.com’s number of property rental listings is tremendous according to Romano, as is the potential for profits.
Listed with auction marketplace Flippa, LuxuryRental.com domain was acquired September 20th, 1996. Romano, who retains several vacation rental listing websites, says his interest and involvment in new ventures won't allow him to dedicate the proper time and attention to this newly launched site.
“I feel LuxuryRental.com will suit an astute investor with an understanding of the opportunities and investment income here," Romano says. "The domain alone is currently appraised at $37,000, and we’ve built a fantastic website, perfected the search engine optimization and user coding, and have integrated more than 5,000 listings on the site. It’s ready to go."
He added that creating a website like LuxuryRental.com from scratch and then establishing all the property listings necessary to compete in this market would take months, and probably cost much more than the listing price for LuxuryRental.com on the Flippa auction site. Any PHP programmer can further customize the site easily to meet the new owner’s needs, according to Romano.
Vacation Rental Organization, LLC is a highly visible, well established travel company specializing in vacation rental property listings, that works with both property owners and travelers looking for vacation rentals worldwide.
Basic information on the LuxuryRental.com domain name and website is available by logging on to the Flippa website. Potential buyers for LuxuryRental.com are invited to visit the LuxuryRental.com listing at Flippa.com by July 18, 2012.