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Give The Gift Of Space With Mini Self...

Give The Gift Of Space With Mini Self Storage

Do you know someone who never has enough space? You probably do. It could be a neighbour, friend, or family member whose house is overtaken by stuff. Perhaps it’s your...

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En Suite Essentials You Can't Afford To Ignore

En Suite Essentials You Can't Afford To Ignore

You know when you have made it in life. It is the day you can look your peers in the eye and declare that you have an en suite. Nothing...

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Give The Gift Of Space With Mini Self...

Give The Gift Of Space With Mini Self Storage

Do you know someone who never has enough space? You probably do. It could be a neighbour, friend, or family member whose house is overtaken by...

How To Find Your Dream Holiday Home

If you’re a fan of travelling, or you’re looking for an investment to double up as a bolthole, you may be thinking about buying a holiday home. Investing in a second home may enable you to enjoy more frequent getaways. But what should you be looking for and how can you avoid potential pitfalls?

Here are some considerations you may wish to bear in mind if you’re thinking of straying into the realms of multiple property ownership.

Use

Think about what you’re going to use your second home for. It is going to be a bona fide holiday house, which you’re going to rush to at every available weekend? Is it primarily an investment, but also somewhere you’d like to visit from time to time? Are you hoping to rent it out to others?

If you are searching for a dream holiday home, and you’re hoping to use it as often as possible, think about your priorities. What do you like to do on holiday? Where do you want to go? How far do you want to travel? If you’re looking for an investment property, and you’re planning to hire your home out, location will probably be your priority.

1

Location

The location of a holiday home is incredibly important. If this is going to be your base for winter breaks and summer escapes for the foreseeable future, it needs to be a place you love. It also needs to be accessible. There’s no point in buying a weekend retreat, which is 6 hours away by car. Long journeys and traffic jams will soon take the sheen off your holidays. If you’re buying abroad or you’re exploring other states, look out for ease of access to airports and regular, affordable flights.

If you’re hoping to attract holidaymakers, consider buying near popular sights and attractions. Research the local tourism industry before you buy to get an idea of rental prices and demand.

Type

Do you have a property style in mind? If you do, start searching once you’ve decided on your location and budget. Seek advice from agencies and update your search on a regular basis. New properties come onto the market all the time, and you may need to be quick to secure the perfect place.

If you have a vision, and it’s either unaffordable or unavailable, you may like to consider designing your own home. Using the vacation home plan, you can adapt an existing design to suit your brief. When you take on a building project, this gives you control of the entire process, so you can create a unique home, which ticks all the boxes. There are plans to suit all kinds of different holidays. Escape to a rustic farmhouse in Italy or a charming chalet in the mountains. Listen to the ocean waves as you enjoy a cool drink on your beachfront terrace.

2

If you’re buying a second home, there are lots of factors to take into consideration. Base your search on the location, your budget and your intentions for the property. Your dream home may already exist. If it doesn’t, there’s no harm in exploring other options and taking on a project. Good luck and enjoy your new holiday home!

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