For those looking to buy a holiday home, the summer season is the ideal time to make money from your overseas home. Choose your location carefully and adapt your marketing, and you could be booking rentals throughout the year. And in today’s economic climate, who doesn’t need extra income coming in each month? Here are some pointers to help you out.
Imagine swapping a dreary, overcast British winter for the sunny skies of Cyprus. That’s what hundreds of Britons who own a holiday home in Cyprus do every year – and then they make a good return letting it out over summer. And, Cyprus’ ‘golden visa’ scheme means you could even guarantee yourself EU residency after Brexit. So, how does it all work?
If you’re dreaming of life in Greece, but don’t want to leave the UK full-time, a winter holiday home could be just the ticket. You could spend winter soaking up the Greek sun, then make a tidy profit letting it to holiday-makers in summer. Plus, you could even get EU residency by buying a Greek holiday home above €250,000 – so what are you waiting for?
Even the most enthusiastic ski bum can’t spend every week on the slopes (unfortunately!). And what a waste to have your mountain home unoccupied when there’s snow outside – in financial as well as skiing terms. So this week we’re looking at how to select a ski property that will maximise your rental returns.
Congratulations! You have just bought your dream home. The first thing to do now is to think about maintenance, from pools to gardens to guest services for holiday lets – how do you keep everything? Here’s how to manage a property in Greece, whether you’re living there or renting it out.
