Investment - Individual

What is the best way to ensure a tenant does not damage y... You (or your agent) and the occupant should inspect of the property before the occupant moves in, to check the state ...
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What should I look for when buying a holiday home for investment?

The most important rule when buying any property is location, location, location.  

This means the property and local area must offer appeal in order to provide good rental returns and potential capital growth in the future. Things to consider include:  
  • Infrastructure and amenities
  • Future plans of local municipalities for the area
  • Local appeal to tourists - all year round or seasonal
  • Accessibility from major towns to the property, proximity to capital cities and/or airports
  • Street appeal and attractiveness of the property
  • Natural light, quiet enjoyment and a good amount of accommodation space
  • Appeal to a broad range of tenants i.e. couples, singles and families
Should the sales market soften, freestanding property tends to drop less in price than units and even less than privately owned hotel rooms.
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