If you’re a family that loves to travel the world, one day you will find a location that you wished you could never leave. You’ll begin to imagine your life in that nation, immersing yourself in the culture, walking the streets and thinking about how life we be like living as a local. Then suddenly you’ll be reminded of the obligations you have back home, with school for the kids, your job, your own relatives and friends. A piece of you wants to stay anyway despite all of that. Sometimes we find that we need to look into new ways of investing when it comes to travel. Yes we save up a lot and make sure we have enough for our travels as a family and being able to go to amazing holiday destinations but what about travel properties? They have another term for them, which is a holiday properties and they are some of the best ways to invest your money because they will never go out of style.
Do you like the Med?
Even if you’re not from the Mediterranean, you’ve most likely heard of holiday villas. There are properties built right by the coast, in amazing locations where the sun, sand and sea are plentiful. Billionaires from all around the world look for the best kinds of villas to rent or even buy. This allows them to be able to visit the coast whenever they want to but in a sunny location such as the Mediterranean coastline. The Med is very large however so you can expect to find amazing villas in Spain, Portugal, Italy, Greece some Eastern European countries like Croatia and Albania.
If your family loves to visit these nations and take the time to enjoy the long white beaches, then you should consider setting up a location here which you have access to and any moment. Buying or leasing a villa here is a great way to earn a living in a big way. If you have been leased a villa, you can then in turn rent it out. Many people do this because they don’t want such a brilliant property to just be standing there not being used and turning a profit. If you’re not using it yourself, you can rent it out to someone for a short or long term. Use the money you make to then pay for the holiday you have in it yourself or the owner who you are leasing it from.
See what you like?
Affluent professionals are choosing to live and work in the city more and more. This means that new properties have to be made and this requires a lot of free flowing capital. Governments like that of Singapore know this, and have no problem allowing foreigners to buy up properties in the city-state so that a steady flow of professionals and brilliant apartments can be made in record breaking time. If you have travelled to Singapore and you like what you see, then you should consider seeing what your options are for buying a holiday property here. Again, you will own the property and thus be able to rent it out to anyone thereafter. It’s a strategy that just keeps on turning a profit for the one who makes the first leap such as you the buyer.
Professionals will always look for great properties that are close by public transportation. Check out the freehold condo near mrt properties that have excellent modern decor, amazing amenities and access to public transport. This is also a property that you can use when you want to come to Singapore and explore the amazing city-state yourself. If you just want to get away and take a holiday in a place you have fallen in love with, this is one way you will always ensure your family have a place to stay. However, much like in a holiday villa, you need to workout whether you want short term or long term tenants. Make sure you are planning ahead and speaking with the property manager while you’re away so that the condition of your property is kept in good order. Since you are abroad and unable to see things for yourself, this is needed to be done regularly which is no problem for the real estate agents who run the complexes.
If you love to travel, you should consider buying a holiday or travel property. You will always have a place to lie your head where you love going. However you’ll make a killing when you’re not using the property by renting it out.