Want to have a lifestyle change and have a property that can generate an income? Then why not consider a property with holiday letting potential in Devon or Cornwall. A property where you can not only live the “Good Life” but where you can also generate significant income from a self-catering holiday letting business. I look at where to buy holiday homes in the South West.
With holiday home bookings in the South West showing strong growth from both UK and overseas visitors, now is a great time to invest in a home with holiday letting potential. Whether it’s a stunning home in the Devonshire countryside with holiday cottages and an indoor pool, or a unique waterside property with its own boat mooring, or a pretty seaside cottage in Cornwall, or a barn conversion on heather clad Exmoor or Dartmoor, the market for family self-catering holidays continues to grow, further underpinning the logic of buying this type of property.
With recent changes to the tax relief for mortgage interest of buy-to-let properties, the appeal of buying a traditional property investment has come under scrutiny. However, the changes announced in last summer’s Budget to tax relief for interest do not affect the furnished holiday lettings tax rules.
It could be a country house with some land where you and your family can live the good life along with barns that have already been converted for holiday lettings, or it could be a waterside property that you can use for your personal use certain weeks of the year and then generate a significant income from self-catering holiday lettings at other times of the year – opportunities are abound.
Why not let Garrington help you find that dream lifestyle and income property. Whether it’s an existing holiday letting business with a proven track record and repeat bookings, or one that you want to establish yourself we can help you find and acquire the perfect holiday letting property.
From sourcing and acquiring the right property through to putting you in touch with experts in the self-catering holiday letting business who can advise you on all aspects of your holiday home from detailed income projections to furnishings and inventories to marketing and bookings we can help.
To find out more about how our Property Consultants will help you find the perfect lifestyle and income property in the South West of England please contact us.