Buy a holiday home in Marbella with rental potential
Are you thinking about buying a holiday home on the Costa del Sol but you also want to use it as a rental property for the times you are not there? Well below we have listed some ideas and thing to think about when you are considering purchasing a holiday home in Marbella. First, its important to understand that all holiday homes are not created equally.
1) Marbella property in a lively area
Whether you have decided to buy property in Marbella, Estepona or Atalaya, if the property is in a lively area with easy access to services such as restaurants and small local supermarkets etc, then this is a huge plus in the search of your Costa del Sol holiday home. When your holiday home is not being used by yourself of course, this property can bring you in some rental income to help pay for the ongoing costs. Small holiday homes in Marbella have proven to bring in very healthy rental incomes.
2) Space, space and more space
Sure a cozy studio flat in Marbella is a nice touch, but if you are wanting to make a good rental income, you would be better to buy a decent size apartment in Marbella that could hold at least a family. Bigger spaces make good rental returns, especially if the location is right. Buying a Marbella property that is at least 2 or 3 bedroom will grant you a much better return.
3) Buy in a nice community
Communities in Marbella that have a big swimming pool and are close to a beach, are also great features to have. Because of these amenities, especially in the summer months you can get quite a bit more in rent than what you may think. Golf courses within the community and other perks such as spas and business centers, also increase the value of your Marbella property and definitely the rental price you can charge.
4) A holiday home that has parking
Parking is a big issue in most locations in Marbella. If your holiday home does not have parking, this may seriously deter people from renting it. If you are considering a rental property, then look for a house or an apartment with dedicated parking.
5) All year round property
Buy a holiday home in Marbella with A/C and heating for the winter months. Marbella has a wonderful climate but the winters can get cool at night. Having a heating system in the property will not only help attract renters, but also help to sustain the property.
Investing in a holiday home should be full of fun and excitement. However, you also have to be strategic about it. Consider all the possibilities and don’t hesitate to seek help from a real estate agent in Marbella. Our experienced Marbella real estate agents can help you find the perfect holiday home for your entire family and even offer you tips on if this property will be good for potential rentals as well. Give us a call any time to know more about buying a holiday home in Marbella.
Marbella Homes are a well established real estate agency in Marbella and if you are looking to buy property in Marbella, then please contact us today.