Investing in Overseas Property

Rentals in Overseas Property can be a great way of ensuring the property you have purchased is not only giving you a great capital appreciation, but also giving you a rental return.

The Rental Market

If you have bought your property as an investment, you will need a rental programme for either long or short term rental and the management company will tailor the package to your apartment or villa for example, if it is close to the beach and Golf for golfing holidays or inland close to amenities for long term rentals.

Golf Rental Package

Many rental agencies offer a Golf rental package for the serious golfers for the season October to June each year. Many of the rental agencies can be seen advertising and marketing throughout golf clubs and magazines in England. This is a superb way to rent apartments all season, as golfers generally go in groups and rental agents can often rent 2-3 apartments at a time.

Holiday Rental Package

With many very cheap airlines flying to overseas destinations, travelling to warmer sunnier climates has never been more accessible. Some 20-30 million tourists travel overseas and with flights costing from only £19, there is an enormous demand for rental accommodation on their arrival. This demand is looking to grow further as more and more people leave the UK looking for a more relaxing lifestyle and a warmer climate.

Once you have had a selection of clients renting your property, if you have furnished your property to a high standard, it is highly likely you will attain repeat business, referrals and recommendations from those clients that have stayed previously and could eventually end up a high percentage of your annual rental bookings.

Please remember,
a) If the development you purchase has just been built, it may take time to finish the infrastructure of the development and therefore obtain maximum bookings.
b) If you purchase in the 1st phase of a development, you may save considerable money on subsequent phase price increases, however holiday makers do prefer the whole development to be finished and it may take a short while longer to obtain your maximum potential bookings.

Which Properties to purchase for 'Buy to Let'
The best properties to purchase for 'Buy to Let' / Renting are apartments and villas in good locations for example:

Short term and Long term rentals:

• Close to beach
• Close to Golf
• Close to Skiing

Long term rentals:

• Close to local towns
• Close to amenities e.g. hospitals and schools etc.