Many people dream of buying a holiday home or a self-catering rental property to both enjoy personally or rent out to generate some income.
This has been a trend for a couple of decades now as baby boomers age and retirement awaits. With over 80% of people saying they would love to live next to the water, you can find a lot of that around the south-west coast!
Torquay and Torbay, in general, has a few hundred-holiday homes, whether they are apartments, cottages, houses or mobile homes. With a tourist season and inward investment into the region, added to the 2020 Covid crisis, there has never been such interest in buying a second home.
There are many pitfalls however and a lot of diligence needed to make a successful purchase to be enjoyed by guests and your own family. There are literally hundreds of things to consider.
SECONDHOMES.IO Experts in holiday homes
Secondhomes.io is a local business, saturated with experience, from private ownership to local and European management and marketing operations, rental software and consulting on the subject with international companies.
This local company is ideally suited to help through every step of the way and will make sure you do not make mistakes so many have made before you. Always happy to have free chat, they can save you thousands and reduce the stresses of an adventure in holiday letting.