January 6, 2015

Holidays Houses That Put Money in the Bank

What if we told you that you could turn your holidays into an investment? After laughing in our face and mentioning that holidays in fact eat away at your money, not build up capital, and maybe even giving us a scoff and an eye roll at the mere mention of this ridiculous comment, only after all this, would maybe just hear us out for a minute? Please?

Awesome. Let’s say you frequent Spain on holiday. You are in love with the impressive architecture, the amazing array of tapas you can shove in your mouth, and the incredible people. You wish you could live there. Let’s say a house in Catalonia goes for about £141,000. Would you buy it? Maybe not yet...

What if we told you that you could make a little over £26,000 in 25 weeks if you did buy that house? How is it possible to make this money?

Well, since you’re unable to be on holiday 24/7, you simply rent out this property when you’re not there. You make sure it’s open for the time you wish to visit, and when you’re there, you can sit back and relax knowing the place is paying for itself. I came across this infographic from Schofields that explains all this in more detail with different destinations as well.

Catalonia just so happens to be the spot where you get the best return for your money. For those of you who stopped and listened, nice job, but those who walk away from this opportunity, well, we’re having the last laugh.

Where to buy an international holiday home – An infographic by the team at Schofields

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