Firstly, it’s important to pick the location very carefully to ensure year round appeal. So a picturesque seaside town or a cathedral city are sure winners. Secondly, consider access to your property (train stations, ports, bus stops and parking spaces) as visitors usually reserve the hours travelling to a holiday cottage for their main holiday and will look a lot closer to home for a weekend break. This is where properties within 2 hours of London are a savvy choice as you can reach anywhere between sunny Sussex and the trendy seaside town of Aldeburgh in Suffolk in a couple of hours both of which are really popular for holidays.
Once you have picked a popular location, adapt your holiday cottage for a specific market – (will it suit families or young professionals?) and furnish it accordingly.
The holiday home market has dramatically increased over the past few years with more than 20% of guests coming from Northern Europe. The Olympics this year are also boosting this market.
If it is a good holiday property in a great location and you have bought well it will prove a good solid investment easily comparable to a long term residential let or even some stocks and shares.
The best thing about investing in a holiday let in the UK is also simple- you too get to use and enjoy it too (and you can’t say that about any other investment can you?!)
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