Majorca Property News

Vacation properties are crisis-proof investment properties

Cottages are rather long not the stuffy cabins with discarded furniture of their owners. In good locations, they raise rents now rewarding and can even mutate stable value investments. This was a study of the Holiday House Apartments Portales direct and Kristensen Group Deutschland.

As part of the study were 2,036 German private holiday property owners to purchase motives, object properties, financing and leasing surveyed. Especially happy holidays to be real estate purchased in their own country. The proportion of German properties in tourist areas, with 48 percent of all holiday items well ahead of countries like Spain (10.4 percent) and Italy with 8.1 percent. France, the land of baguettes and wine, can be found with a share of 7.9 percent to rank four of the popularity scale.

The fact that the people in times of crisis like the essential and rather restricted to the Mediterranean Sea to the Baltic Sea as a ride, show the investment in holiday properties in the past year. There was Germany with 53.3 percent of the investment well ahead of the runner-USA, which just came to 8 percent. At the same time, make the short journey and cheap holiday vacation property for a crisis-safe investment object.

Although the majority of Germans favor a self-use property of the holiday, but play like motifs use as a rental property and as a capital or investment is now a very big role. This is a trend towards a "model of self-use and rental, as the managing partner of Group Germany Kristensen, Per Arnholm Barlage, notes. The rents received by an average of 13,980 euros per year in many cases, to refinance the property used, at least let the German's own vacation properties cost an average of 196,500 euros.

In particular holiday properties in preferred locations simultaneously rewarding as a good asset. So did 76.7 percent of owners indicated that their holiday house or apartment on the value has risen. "In prime beach locations, where already nearly free vacation rentals, has been in the past ten years has a significant value," said Arnholm further.