Whether you're looking to buy a vacation home for personal use or as an investment property, there are a number of factors you'll need to consider. So we made a list of some that make a good vacation home.
A Prime location is key when it comes to vacation homes. You'll want to choose somewhere that's both desirable and accessible. Popular vacation destinations, such as beach towns and mountain resorts, are always in high demand. And that’s what all of our properties have in common; they are located in prime locations and in areas with high seasonality, so you can enjoy the sun and beach, as much as possible.
The interior design of your vacation home can make a big difference in its appeal. This is why for our Partment homes, we collaborate with renowned interior designers to bring you comfortable and timeless homes with state of the art interiors. And if you plan on renting out your home, you'll want to make sure the interior design is neutral so that it appeals to a wide range of guests.
Amenities are another important element to consider when choosing a vacation home. Our homes are fully equipped with everything you will need such as a washer, towels, cooking utensils, a kitchen, WiFi. You will also find a Nespresso machine, and Marshall speakers so you can feel truly at home, and create your own vibe.
If you're buying a vacation home as an investment property, you'll need to consider the return on investment (ROI) which will come from the appreciating value and rental yield. The ROI for vacation homes can vary depending on a number of factors, including the location, amenities, and interior design we mentioned above. By renting out your vacation home during periods when you're not using it yourself, you can offset some of the costs associated with ownership while enjoying financial benefits. Generally speaking, vacation homes can be a good investment especially when they're well-maintained and located in a desirable area.
The community surrounding your vacation home can also be an important factor. You'll want to choose a community that's like-minded, safe and family-friendly, if that's important to you. You may also want to consider a community that has a lot to offer in terms of amenities, such as restaurants, shops, and activities.