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For the majority of our clients renting their investment property out is crucial to making the investment a profitable venture. Due to the fact that many investors aim to put as little money down as possible when buying abroad there will more than likely be a mortgage in place. The benefit of buy to let property investment is that the tenants pay the mortgage in the form of rent. However, this is not always as simple as it seems.
There are many properties on the market that offer low rental potential and subsequently cost the investor rather than make money. Our aim is to offer the best buy to let opportunities on the market and only work on projects where the rental potential far exceeds any other projects in the industry.
For this reason, and this reason alone, every project we offer includes a rental program either by a hotel chain or a rental management company. Some projects offer a guaranteed rental which will guarantee a minimum return over a fixed period of time. This is usually lower than the market rate but is piece of mind for the first couple of years after completion.
The most profitable rental programs are those that are included in a rental pool which ensures every property owner recieves a percentage of the overall rentals recieved.
When looking for an investment property abroad it is advisable to first look at the rental potential in that area and then at the rental potential of any individual project. Below are some tips on how to identify good rental potential:
- Popular tourist & holiday destination
- Established, or soon to be established, resort
- Close to the airport
- Popular family resort
- Beach, ski or golf resort
- Summer or winter resort
- Strong infrastructure of roads and services
- Restaurants, bars and shops
- Leisure activities
- Front line to the beach, ski lift or golf course
- Wealth of facilities
- Good quality of build and finish
- Reception
- Rental program
- Fully furnished property
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