Where's The Best Place To Buy a Holiday Home?

Monday, March 06, 2017


Since the tax that applies to buy-to-let houses doesn’t affect holidays homes, it's looking like holiday homes will be the next big thing in terms of making money on property. The returns are far higher than you would get on traditional homes, and you can use the property yourself for personal holidays. It's a win-win! While there are drawbacks to buying abroad (language barriers and different laws to name a couple) overall it's an excellent way to invest money if you're looking to make a good return. But where's the best place to purchase a holiday home for the best profits? Here are are a few destinations to consider!

Spain: Catalonia
The Daily Mail has stated that Catalonia in Spain is one of the best places in the country to invest in holiday home. This is due to the fact that it attracts a lot of interest and high rent because there is great tourism in the area. With the Costa Brava beach resorts and Pyrenees mountains nearby is it any wonder? Plus you have Barcelona as the capital, arguably one of the most exciting cities on the planet.

America: Hawaii
Stunning palm fringed beaches, tropical weather and a relaxed way of life, it's no wonder people hail Hawaii as heaven on earth. There's great tourism in the area so again a holiday home here will be great for profits in rent. The only drawback is the sheer distance, if you're from the UK it takes over eleven hours usually with a flyover too. But well worth the journey!

France: Monaco
If you want to go for something ultra luxurious, how about a holiday home in Monaco? This tiny country is the second smallest in the world but it has a big reputation for those who like the finer things in life. From designer shops to high end hotels, restaurants and so much more. It won't be cheap to purchase a home here, but think of the returns you will get from it! People will shell out a fortune for something like a penthouse overlooking the harbour.

You Might Also Like

1 comments

  1. I would love to buy a holiday home it would be an absolute dream! definitely something I hope to do one day, and these destinations sound perfect

    ReplyDelete