Tips for selecting a holiday home to buy in and around Javea Costa Blanca
Huge numbers of people come over to Javea and the Northern Costa Blanca for a well earned holiday and their thoughts may start to turn towards what would it be like to own a holiday property here.
Well life can be pretty good in sunny Javea, but you need to be very careful when you decide to take the plunge and purchase a place to rent out along this stunning stretch of coastline. 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..
Make sure you choose a good location with demand for Holiday Rentals. For example properties close to Golf or overlooking the Sea have all year round rental income potential and maybe properties close to amenities and beach do not seem as important in the winter months. To figure this out seek advice on where winter rentals are viable propositions.
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. Quality of the property is of course important, but location is the dominating factor for holiday rentals.
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, and perhaps setting up a Facebook or other site to sell the opportunity yourself..
Spend a little extra furnishing the property so when you put your ads onto holiday rental sites your property stands out from the crowd. Just notice how many properties you will see with photos that include a basic, non-flatscreen TV, while a TV may not be that high on a holidaymakers list, it does indicate the the owner does not care too much about the property in general, as those TVs have not been manufactured for well over 10 years.
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. Ask around, local people tend to know the reputation of real estate and rental companies.
Javea is not cheap, properties tend to cost considerably more than in surrounding resort towns, but you doget wat you pay for in terms of lifestyle