Are you considering buying a holiday home, but not sure if you can afford it? A holiday home can be viewed as an actual investment, if you buy with the intention to rent out when you or your family are not using it. The appeal of a holiday home rental holiday over the traditional hotel or bed and breakfast option are many.
If you are worried about being able to let out your villa or cottage, buy your holiday home in a popular holiday location. Whilst a Spanish villa will always be in demand, do not forget other places like the North of Ireland. Buying a holiday home in NI will let you explore both the north and south of Ireland. If you really like remoteness then look for a home in Donegal, which is whilst in the North is part of Southern Ireland. Protect your NI holiday home with insurance, Insurance Quotes Northern Ireland can help compare available options.
Privacy and Space
The privacy that comes with a holiday home is for many the number one reason for opting for a holiday home. When you are staying in a hotel or B&B once you leave your room you have lost your privacy. In a holiday property you have a whole house that is for your exclusive private use without any preying eyes.
Bring your Dog or Pet Along
A growing number of holiday homes are now dog friendly, so no reason to pay for a dog minder, simply bring your dog or other pet along. Dogs will love being able to explore a new location and if you live in the city they will definitely love the extra space to roam around. An added bonus is the savings that you will make on dog sitter or kennel fees
Cost saving can be significant, especially if you have a large family. The initial upfront cost may be daunting, but when you look at all, the potential savings on food and entertainment, the holiday home option should easily win on the cost front. For this to be significant, choose a holiday home with lots of amenities. Look for an outdoor barbecue, maybe even a swimming pool and games room. Check out nearby attractions for short day trips. If you have brought your dog, are there nearby dog walks or dog friendly restaurants
Now that you have sampled spending time in a holiday home, it may be time to considering investing in your very own home from home. If you buy in the right location with an aim to let your property out when not is use, this can be an attractive option. Similar to a first home, you need to consider protecting your investment. Whilst a holiday home is not a legal requirement, it is an affordable way to protect your investment. Take into account, holiday homes are more susceptible to theft and damage when the property is left vacant. For this reason, you need holiday home insurance which is geared to providing cover for this type of property.
Fortunately, there are UK-based insurance comparison sites that compare Spanish holiday let insurance, making comparisons will make it more likely to find a policy at a reasonable price.
When it comes time to sell your property, cut out the estate agent fees and sell direct to the next owner,