Maine Short Term Rentals

[Vu Pham]

Hi,

My partner and I are looking to purchase a short term rental in Maine. We haven't zeroed in on a specific city/town yet but we're focusing our search on areas within 2 hours drive of Acadia National Park. We'd like to learn about occupancy rates from those who have experience this marketplace. We imagine there will be a lot of seasonality and are hoping to get a better grasp on what we can expect. 

Thanks in advance!

[Kenneth LaVoie]

My FAVORITE locale is Boothbay Harbor. A billionaire (founder of Pinnacle Vodka, can't remember name) has plowed enormous money into it, with the hopes of making it a "high end destination". (I hate the idea, I tend to be a "go slow" kinda guy). But it might put upward pressure on prices, STR potential. This area is called "midcoast maine" and I believe it's the best by far. I don't like Southern Maine (Portland, etc.) Picture a Maine themed "Epcot" in Massachusets, and you have Portland. There's very little "genuine Maine" about it any more and prices are irrational. Midcoast I think may be slightly more than two hours from Acadia but not much. What I DONT like about "downeast" (Acadia area, Bar Harbor, etc.) is the weather. EARLY JULY is still light jacket weather often. Completely different climate than midcoast. My grandparents built a house in 1972 in East Boothbay, hence my knowledge of that area. My two cents.