How to Add Give Soul to a Holiday Rental Villa…and Make a Profit
Have you ever thought it would be worthwhile to own a villa somewhere in the sun and rent it out for profit? The approach I’m suggesting in this article is a pragmatic how-to get a business up and running quickly for tourists. In-addition, it outlines how to add some soulful additions to a holiday home.
First do the Maths
As with all investments a bit of consideration needs to be done on whether the numbers add up. One approach is review that is being rented in that specific are using https://www.homeaway.co.uk/ and other bespoke holiday rental sites such as Utopia Villas (Barcelona area only). I try and steer away form airbnb as a research tool simply because there are a lot of opportunistic renters who skew the actual maths of what a villa can and should rent for during the course of 12 months.
Tourists Stay Away — Homes are for Living In!
Are you breaking the law? The last thing you want to do is have an amazing holiday villa that gets slapped a massive fine by local authorities who don’t want tourists coming and going all the time. This can be a total disaster. Importantly, many people don’t wish to live next to a home which is indeed a glorified hotel. Ensure you understand what the process is be allowed to run a holiday rental business using the villa you are proposing to buy and make sure your influence is positive. Normally you can obtain a tourist license form the authorities, take a few hours and costs in the region of 400euros. Investigate how you may impact the local community in positive and negative ways. Giving life to a home which is literally rotting away and has been empty for years is just one example of a positive influence tourism can have.
Choosing the Right Villa
This can be fun but also daunting. What I would say is don’t discard a property just because it’s been on the market for years! I’ve seen so many properties over the years that once bought with planning and vision are a total success. Comb the market carefully but stay away from real structural issues that will cost a lot to fix. For instance houses which smell of damp and have only have heating fitted retrospectively will require a significant amount of structural redesign.
A Swimming Pool is a Must Have
A major aspect of a holiday villa is a pool. It’s a key criteria for luring potential guests and also super practical. Sometimes your guests just want to hang out and not hit the beach. A pool which is not heated is absolutely fine, although are should be taken so that it is filtered regularly and chlorine plus pH level monitored.
Create Chill out Zones
Apart from photographing really well chill out zones serve a number of other useful purposes. Practically they are useful for families who want to do different things during the day.
Open Plan dinning and Living Area + Alfresco
Having areas to eat outside is an absolute must for a holiday villa so make sure its included in the overall design for the villa. this can be nextto the pool or somewhere overlooking the mountains.
Pictures Tell a Zillion Words
The villa has absolutely got to photograph well. This includes getting the lighting perfect at night and having day time views picture perfect. Of all the holiday villas I’ve seen on line, for some reason Utopia Villas seem to do the best job. I’d say present daytime and night pics of the same aspect.
Tiles that are more than just beautiful
Use geometric designs if you can in aspects of your design. Apart from Instagraming really well they also tell a story. Design a patio area that uses aromatic plants aswell as sound of running water.
Tick off the List of Absolute Necessary Features
Tourist license
No more than 15mins drive from the beach
Easily accessible keys
Swimming Pool
Heating
Washing Drying
Fireplace
Satellite and Cable TV
Internet
Children Welcome (cots for babies)
Air conditioning
Parking