Why are holiday homes a good investment?
A holiday home is usually a cottage, complex, flat, apartments or a villa holiday home, mainly used as a vacation property for the accommodation of holiday vacations, corporate travel, and temporary housing often for less than 30 days (Wikipedia).
The rise in holiday homes?
In 2016 an FNB bank Property Barometer report focusing on the buy-to-let property (Buy-to-let is an arrangement in which an investor borrows money to purchase property in the private rented sector in order to let it out to tenants) market revealed that an estimated 16.2% of properties bought by individual South Africans are second homes compared to 2010 which was below 10%.
The rise of buy-to-let property can be justified by the internet which has enabled short term rental property platforms like Airbnb, Safari Now & Booking.com (FYI: Airbnb has about 150 million user’s wide world) to gain access to the market.
Icon Lifestyle is a Property Management Company focusing on short-term rentals on the Dolphin Coast in KZN South Africa, we will help you manage your holiday home using Property Management, Property Marketing, Full Accountability & Investment Management.
If you have a property that you are ready to rent out, why not let us take care of everything?
From enquiries, reservations, check-ins & outs, key exchanges, cleaning duties, maintenance, repairs to the stocking of kitchen & bathroom essentials; we are here to continuously support your investment in the Dolphin Coast.
Contact Us:
Tel: +27 82 550 4906 / +27 82 797 2861
Email: info@iconlifestyle.africa
Visit our website: www.iconlifestyle.africa for more information and to subscribe to our email updates