Holiday Homes Holidays Real Estate Friday, August 05, 2016Mary Anne Velasco
We’ve all had at least one vacation where everything’s so peaceful and fun that you say “I could live here”. If you were serious about this, and you have the money to spare, then you may want to buy a holiday home. Having a literal home away from home in a beautiful spot is a wonderful luxury to have, which is why so many people want one! If you’re looking to buy a holiday home, here’s some important things to consider.
Location is a very important factor when it comes to any kind of property, and a vacation home is no different. In fact, when it comes to touristy areas you have to think about the location even more. When you were on your vacation in this area, you were probably free of any practical worries. You were eating out every other night, everything was pre-paid, and you’d organised your little excursions to local attractions. However, when the property is your own, you have to think about living there yourself. How close are the local shops? Are you within reach for any medical care you or your family may need? How reliable is the internet and other utilities? The community and general way of life is also important to look into. Just because you had one great experience in the area doesn’t necessarily mean the whole place is a bed of roses! Of course, some people take location completely out of the equation by getting a Vermont Country Campers mobile home.
Another big thing to think about is the competition and desirability. If your ideal holiday home is in an area that gets a lot of tourists every summer, then odds are there’s going to be a lot of competition for the property. This, of course, drives the price up. If all the homes you’d be happy to put money down on are out of your budget, then try to get to the root of the high prices. What do those properties offer which other vacation homes don’t? You’d be surprised at the kind of features which come into play here. Simply having a mounted satellite, a deck or being in close proximity to a business is enough to raise the price astronomically. When looking at all these homes, ask yourself whether or not you really need this or that feature.
Finally, the space and the party sizes that will be using the home. Of course, you want to have your friends and family come down to the house whenever possible, but I’m sure you can put a cap on the number of people who are going to come down at one time. The space is something you really have to assess in person. After all, once the home is yours, there’s nothing stopping you from bringing in some extra beds. You should also consider the property as a potential investment you can rent out in this stage. It may surprise you to know that the most popular year-round homes are for two people. Couples can take time off work, but kids always have to go to school!