Investors Guide - Specialist Holiday Lets

As property investment strategies go, holiday lets can be incredibly rewarding, both financially and personally (especially if you get a kick out of providing amazing service). But, fair warning, it can be a lot of work. Here, I’ll weigh up the pros and cons and look at what’s involved in running successful holiday lets. Although I focus on UK holiday lets, the same knowledge can be applied to holiday lets abroad. True, some of the details will differ (property regulations, tax, etc.). But the basics of finding the right property, marketing that property, and making sure your guests have everything they need are universal. As with any property investment, it’s vital you do your homework and spend time getting to know the local market before you dive in whether you’re renting out a quaint cottage in Cornwall or a chic chateau in France. One quick note before we get started: here, I’m focusing entirely on holiday lets – i.e. properties in holiday destinations that are aimed at tourists. This is a slightly different offering to the average city-based Airbnb apartment and other serviced accommodation, which is why I’ve written separate guidance for serviced accommodation. With that caveat out of the way, grab your bucket and spade, and let’s get started…