5 Benefits of Buying a Holiday Lodge

With more and more tourists plumping for private self-catering homes as their travel accommodation option and what with mortgage rates at record lows, investing in a holiday let can provide a smart, economic way of living.

Thinking of buying a holiday home? Whether it’s a house by the sea, a charming country fortune, a stylish town flat or an apartment in the sun, holiday homes offer a sense of contentment that your main home can’t.

There are a whole host of benefits to purchasing one, from meeting new people to discovering new places, to experiencing a completely different lifestyle. Here are just some of the reasons why you might want to invest in one.

1.It’s Cheap

One of the real pluses of buying a holiday lodge is the fact they’re designed to be really low maintenance, meaning you won’t be out of pocket when it comes to repairs.

2.You Can Rent It Out

Cover your holiday home expenses by renting it out to holidaymakers. It’ll help pay off those annual expenses on a property that often lie empty for periods throughout the year.

3.You’re the Boss

Best of all, owning a holiday home enables you to rent it out whenever you like. Then you and your loved ones can use it during peak times when it isn’t booked. Maybe head off on a family weekend break or a cheap week away. For now, it’s covering your overheads, saving you money on alternative holidays and earning you an extra income.

4.You’re Contributing to the Local Community

Did you know that by buying a holiday lodge, you’re actually giving back to the local economy? According to stats, holidaymakers staying in holiday homes spend more of their time in the local community than hotel residents. So, you as the owner are supporting the local economy and community, as you suggest restaurants, events, supermarkets and local shops.

5.Zero Stamp Duty

And the best news? Opting for a holiday lodge over a conventional property means you’re unlikely to have to fork out on Stamp Duty. Yippee.