This is already a popular idea throughout the world and in Great Britain for example, there are hundreds of cottages privately owned as a second or even third home available for rent on the holiday market. A whole industry has been built up around English Country Cottages with literally thousands of properties available each year.
After all, what better way for a tourist to enjoy a piece of the famous British country side than to rent a country cottage for short breaks or longer holidays? Available throughout the years these cottages are the ideal alternative to any other mainstream accommodation.
As a tourist, a holiday apartment or country cottage offers a unique adventure which combines freedom, with comfort. Freedom to do as you please, explore the areas and sites you are interested in, and come home after a long day of fun.
Your apartment or cottage is carefully inspected and maintained by regional managers and offer the best quality available. This is concept that is not new and over time, problems which might have arisen due to the novelty of the idea have been resolved. In London, these apartments are even fully serviced with daily cleaning and regular change of linen and towels.
And it is not just in Britain that holiday apartments and country cottages are so popular. Across the pond in France, thousands of Gites (cottages or farmhouses) are also available and are similarly managed and maintained than in Britain. Just picture yourself exploring the glorious “Chateaux de la Loire†during the day and then head back to a charming, 500 year old restored property on the banks of the River Authion. And just case you have a taste of a visit to Paris, just hop on one of the many bullet trains available in France and travel to Paris in comfort and at great speed.
In fact, you may not even want to restrict yourself to a self catering vacation home in France. Europe is crisscrossed with an extensive railway network, some of it bullet trains and you can expand your travel to any European country.
So if you are planning a short break, or a longer holiday, you can look forward to a unique experience and take your family on a trip of a life time where you will be able to live like the locals and get to know them even better.
And of course, renting a holiday home is cheaper than a conventional hotel whilst affording the luxury of much more space. A vacation home is truly unique in the enchantments and possibilities it offers.
As an owner of a property that is not producing sufficient income, you might want to look into this avenue yourself. We all want a return on our investment and the property market has traditionally shown to be an excellent investment method. If you own a property that no one lives in, your investment if not returning anything and as such it would be a good idea to explore ways of monetizing such investment.
The self catering and vacation home market is such that no contract is usually required and so you would be able to dispose of your property without any problem in the event that you chose to sell if for example. In the meantime, your property will enable you to receive rental income which is of course preferable to receiving no income at all.
If you choose to become a landlord, you will also be able to avail yourself of some handsome tax perks. Rental income is taxed on ordinary income, but thanks to numerous deductions on expenses and depreciation, it is quite possible to reduce drastically the amount of your tax bill. Talk to your accountant about this, but you can deduct pretty much any out of pocket expenses related to owning and managing the property.
Make an appointment with a local rental agent who will inspect your home and make the necessary recommendations. You can discuss the level of income anticipated and then take an informed decision.
If you make a decision to rent your home, you will want to advertise your vacation property in order to bring in customers. An ideal place to this is http://www.holiday-apartments-rentals.com which is a high targeted traffic site bringing in thousands of customers looking for a holiday apartment to rent.
At the end of the day, the risks in renting your property are low and as mentioned before, you will not be tied down by a restrictive agreement which would prohibit you from taking your vacation home of the holiday market.