A recent testimonial below from one of our favorite clients shows what can be achieved if you seek professional advice when investing in Spanish property.
Another testimonial for you…. all best Celia
I am thrilled to let you know that your guidance in finding a holiday rental property on the Costa Del Sol delivered and exceeded requirements and potential holiday bookings. I have 29 confirmed weeks of rental and have only been advertising for less than 3 months. What a great result.
So for those of you who are interested I thought it would be a good idea to look at the basic investment fundamentals when buying a property to let for Holiday Rentals and own use.
Make sure you choose a good location with demand for Holiday Rentals. For example properties close to Golf and Sea have all year round rental income potential and maybe properties close to amenities and beach do not.
The cheapest property might not always be the best property to buy. A property that is more expensive might be in more desirable holiday rental location thus giving you more holiday rental income. Also the best looking property that you love yourself might not be the best investment for the reason above
Be prepared to spend money marketing your property. These properties do not rent themselves by magic, so be prepared to invest money in the major holiday rental sites as well as making the property available to local agents in Spain.
Spend a little extra furnishing the property so when you put your ads onto holiday rental sites your property stands out from the crowd.
Consult a professional real estate agent you can trust and one that knows the market. Also one who can introduce you to good person or company to manage property for you?
We hope you find the information useful and obviously these are just key points to help point you in the right direction. Each investment is unique but with the right approach and making the right choices there is no reason why you can’t invest in Spanish property and make money.