How to maximise holiday rental potential
If you are considering buying a cottage, have a piece of land and would like to build an eco-home or fancy creating a luxury geo-dome or yurt, Quality Cottages can offer you advice on how to maximise its holiday rental potential.
Quality Cottages are a family business with 50 years experience in self-catering holiday rentals. They take a lasting pride, and endless pains to make the 'Quality' liaison between themselves, their owners and holidaymakers a lasting mutual benefit. Their client service is instant, personal and reliable.
There are three categories of buyers for holiday rentals:
1 Investor purchase for income and capital appreciation
2 Buying for eventual retirement with some income in the interim
3 All three - capital appreciation, income and ultimate retirement.
Quality Cottages’ Golden rules:
1 Proximity to an area of great interest helps enormously e.g. National Parks. In Wales we say that to be within 5 miles of the coast is of tremendous advantage to the length of rental season. Consider what is in the local vicinity that holidaymakers can do/see.
2 The property ideally should be detached. Privacy for holidays cannot be stressed enough. Diluted privacy - from whatever source dilutes demand as well as income and capital appreciation.
3 Consider other profitable locations such as villages and small market towns near coastline, harbours or lakes. They attract the holidaymakers who may wish to walk to the beach, pub or restaurant.
4 For plots you wish to build on, consider land not readily available for standard houses - a copse for a tree house, a small riverbank for a hidden grass roof house, a south facing field for an off-the grid eco-house. For the more unusual house, the property itself can outweigh the location criteria above. The joy of this area of rental is that you can create a property that thinks 'outside the box' on a plot previously considered uninteresting.
How can Quality Cottages help you?
From the moment you consider a property or plot, they can advise you and most importantly, spot those often unseen or unmentioned pitfalls. An overview of projected income from Quality Cottages income tables can help you decide if the property is financially viable. They give our free advisory service on any property in the Welsh holiday cottage scene anywhere in Wales. They have very experienced staff who cover all Wales including the Borders.
If your house is outside Wales, give them a call. They are happy to chat to you. Their new Quality Unearthed collection will cover the whole of the UK, drawing on Quality Cottages substantial database for its marketing.
Tim Rees, has joined the family business bringing with him a passion for eco-build which was forged on research trips abroad. 'Quality Unearthed' will present those properties with something a little different about them. It can be anything from a grass roof house, to a rammed earth dwelling, a yurt, a lighthouse, an eco barn. There are no boundaries... that will be the fun of this new collaboration.
Once you buy, the entire marketing, brochure, web sites, photography, booking and collecting of holiday rental income can be handled professionally by Quality Cottages.
For more information, visit qualitycottages.co.uk.
