+ Consider your options Decide whether you just want a ‘holiday fling’ (a space you can stay in, and lease to people outside of those times) or a genuine long-term business relationship. Many people think that owning and running a holiday property business is simple, but it’s very much a service industry. It takes a lot of work, so you need to make the distinction between a pleasure project and a serious business, and understand what is involved.
+ Find the right location Look for an area that will attract guests all year round. If it is a seasonal area, you’ll want a place for which you can charge high enough rates to make a good income in that limited time. Towns within two hours of a big city or…
You're reading a preview of
Inside Out (Digital) - 1 Issue, July 2021