Holiday Home Search

Whilst many people choose to buy a primary home in the region many want to find a way to have a base to visit regularly hence why we offer an expert holiday home search service for our clients.

The holiday homes market tends to fluctuate to reflect the health of the wider UK economy, but there is growing interest from UK buyers as confidence returns in property as an asset class. As well as offering a good long-term investment, it is possible to achieve the best of both worlds when looking at holiday homes; your own seaside retreat as well as the opportunity to earn rental income. If you are looking into investment property it is worth including holiday homes, it is sensible to know what you are looking for, how to go about it and to ensure you are buying with your head as well as your heart. We provide an in-depth service to clients looking at buying a holiday home but here are some useful tips for key considerations that have proved helpful to those investing in holiday homes.

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Location

Location

Holiday homes within walking distance of a village shop or local pub, with on-site parking, close to beaches, National Parks and with easy access to popular towns and cities will improve their marketability and return. Coastal holiday homes with good sea views will always carry a premium, both in purchase and rental. If the property were not close to a beach then a pool would add value for the warmer months.

Check the neighbourhood at different times of day. If you are close to a holiday apartment block, it may be noisy with numerous families holidaying together. Find a location with similar properties to your own.

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Seasons

Seasons

If you do not want to be amongst the summer crowds then let your property out from late June through to early September, where you will benefit from the maximum return from high-season rental prices. You can then enjoy your property in the more peaceful periods in early spring, late summer and autumn. Remember, Christmas and New Year are still considered high season, so be sure to make your property available to rent during this time for maximum return.

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Think about the ‘What If’s?’

Think about the ‘What If’s?’

Whilst many buyers are motivated to purchase holiday homes because of the enjoyment they will derive, like with any shrewd investment, it pays to think ahead and have a plan for different scenarios. If you decide to sell the property in the future, how strong is the local market and is the popularity for an area proven or emerging? Are there signs of inward investment into the area to support the desirability of a location? Is there a buoyant rental market or fierce competition? Planning ahead and doing your research before investing in a holiday home can pay big dividends in the long term.

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