Travelling is something we all love to do, but making it more approachable is something we desperately need to start introducing in the modern world. And one great way to do that is to invest in a holiday home. A holiday home is something a lot of people consider, and it’s something a lot of people never end up seriously looking into. Yet, it’s a lot easier to find a place of your own when you’re abroad than the majority of people think!
Yes it’s a huge investment, but it’s a good place to escape to whenever you need to, and you can rent it out when you aren’t using it. Turning your travelling lifestyle into a money maker: sounds like a good idea already, doesn’t it? So if you’re big on the nomadic side of a lifestyle, this is something to start seriously considering, and this post is here to help. Below are the tips you need to look for in a holiday home.
First of All, You Don’t Even Have to Buy!
The good thing about travelling is that you get to choose how to do it. If you’re off on a cycle tour, all the luck is with you. If you’re looking to stay in a Greek resort for an entire week, all the best! Yet, when it comes to making these activities more of a permanent arrangement, of course it’s going to get expensive. But there’s ways around that to make sure you can achieve the travelling lifestyle you’ve always wanted.
If actually investing at least $100,000 in a home away from home, when you’re already needing to pay for that, is daunting, you always have the ability to rent a place of your own in multiple countries across the globe. For example, there’s plenty of property for rent in Singapore going right now, and you could be the lucky tenant for a month or so in one of the most culturally diverse hotspots of the world.
Finding a Good Location (it can be hard!)
Location is everything, and if you don’t have a house in a sort after area, you’re not going to have offers flooding through your door when it comes to renting the place out. Similarly, whilst you might enjoy the countryside in the great unknown of another country, it’s going to be hard to see all the sites you want in the inner city and around the towns.
So you want your new holiday home to be within a couple of miles or so of the nearest big town, and you want it to have a good view across the hills, streets, or fields in between here and there. When something is picturesque, possible tenants take much more of an interest in it. Not to mention the amount of land there is to explore at their own pleasure!
Countries like that of Bulgaria, full of history and culture and a stepping point to the East and Asia, is a great place to try and set down roots. The same goes for Greece, with its economy at a turning point and looking for investors 24/7. If you find a place with high demand and low prices, it’s usually going to have a lot more substance to it than the usual hotspots. Give these nations a look first before looking for places within Europe or the Americas.
Is it Close to the Beach?
The beach is symbolic for holidays. If property is close to a beachy area, or has a sandy surrounding, you’re going to love your new location! Being able to skip down to the beach in a minute or so when it’s sunny is something we all dream of doing when we’re at home; it’s time to live those dreams!
A beach house is something a lot of people want but not many people deserve, so make sure you’re getting your foot on the ladder with such an exclusive prospect! You’ll be able to rent the place out at much higher rates when you’re back at home, getting back into the daily grind of being away from the view you love so much.
Does it Have a Good Connection to the Outside World?
Your new home amenities are going to matter more than ever, so if you don’t have a reliable water source or your wifi keeps dropping, it’s not going to be much of a holiday home. You want to be able to relax in it, and you want to be able to rent it out to others to make sure they can relax as well. If it’s not a comfortable experience, people aren’t going to come back, and you’re going to lose money.
Services need to be close by your new location. People like plumbers and electricians should be practically on call when you need them, and a supermarket or convenience store should be a couple of streets away at most. This is what matters more than having a reliable wifi signal, as you can’t simply build a new shop right next door! Even if you haven’t found a place that has the best signal around, you can invest in boosters for very little extra to make sure you’re getting web pages loaded when you need them and videos streamed without a hint of buffering. It simply makes your new house a lot more desirable at the end of the day, for you and others.
Holiday homes are a huge investment, so never rush into buying one when it comes to organising another trip. A weekend in Paris after only a half hour of planning is fine, but when you’re splashing out thousands, you’re going to need to put some serious thought in. Make sure you’re looking at the countries that have the greatest amount of tourism to them; not only are they good place to come back to each summer when you need a break, but they have the most visitors to make your bucks back with!