Holiday property investment
Holiday properties as an investment and yield opportunity
Holiday properties are becoming increasingly popular as an investment. Whether it's a second home at your favourite holiday destination or a particularly lucrative location for the highest possible rental income - holiday properties are booming as an investment and as part of your own retirement provision. You should consider, research and plan this before buying.
The same applies to holiday properties: location, location, location
Of course, it's great if you can buy a holiday home or holiday flat at your favourite holiday destination. However, to make a good investment, it is important that you take a neutral look at the local market, property prices and rental potential in advance with a view to the potential return. One of the most important criteria is the location.
Rent out an investment or use it yourself?
Another important question before buying a holiday property as an investment is the type of use. Should the holiday property be used primarily as your own holiday home or retirement home or should it be rented out to holidaymakers to generate a return for capital growth or to repay the loan taken out. You also benefit from tax advantages if you let the property.
New build or existing property as an investment
You should not underestimate the renovation costs of a "second-hand" holiday property as an investment. Many older holiday homes and holiday flats first have to be renovated and refurnished before they can be rented out again. The largest item in the follow-up costs, both for new builds and existing properties, is the letting by a management company. After all, most owners cannot and do not want to personally take care of handing over the keys, final cleaning, minor repairs, etc. during the letting period. Property managers or local agencies offer this service in return for around 20% of the rental income.
8 questions about holiday flats as an investment
- What is the most important return or own use?
- Where is the ideal location?
- Are there many other holiday properties planned in the area that could create an oversupply on the rental market?
- Can the holiday property be rented out well all year round?
- For owner-occupation: Do you also like the low season on site?
- What hidden additional costs and follow-up costs are there?
- Can you look after your property regularly?
- Is the higher cost of the holiday property worth it in the long term?
We support you in selling your holiday property. Contact us and we will be happy to include your property in our portfolio.
Of course, we also take on the complete marketing of entire projects for property developers or project developers.
My holiday property -
Your partner for the sale of holiday properties
- Strong customer network
- International experience and contacts
- Many years of experience in property sales
Our team will be happy to advise you on: 05941 / 99 99 09 0
Falk Wohlert
Geschäftsleitung
Dietrich-Borggreve-Straße 28
49828 Neuenhaus
0151 70634462
wohlert@meine-ferienimmobilie.de