Tips for Buying a Holiday Home: Part 6

You may be wondering just how many factors there are as regards choosing a holiday home that will bear fruit for your future. But as part 6 of our Tips for Buying a Holiday Home series demonstrates, there are many issues that should ideally be looked into before you think about crossing the ‘t’s and dotting the ‘i’s – and of course taking out second home insurance.

18. Management of your holiday property
When you are not resident in your new holiday home, who will take care of it? Consider finding out if there is a local firm that can handle such tasks as keeping the garden in order and dealing with changes of guests. An absence of such a trustworthy service may prove problematic and costly if you have to travel to the property on a regular basis.

19. Choosing your location
As the TV show expounds ‘location, location, location’ is of prime importance. While it may take a long time, it may be worthwhile to visit a prospective area in different seasons. By doing this you will get a good idea if, for example, the tourist trade dies in the winter time. Think about the holiday home you have in mind – would it cater for the kind of clients who visit that particular region?

20. Get some local inside knowledge
Take some time to talk to people who live in the area at present – both natives and ex-pats. You’ll get a good idea of what it’s like to live in the area and understand better if it will be a good holiday destination. Additionally, you could register with internet forums frequented by ex-pats and those who have already gone through the process you are embarking on. A few small nuggets of advice can go a long way!

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