Earning extra savings with your own vacation home
While many countries are going off the coronas lock again, vacationing at home continues to gain popularity. And with that trend, interest in buying a vacation home is growing. Just how does that work? What are the benefits? And is it really as worthwhile an investment as is often said? We talked about it with Chadli Hachani, Marketing & Formula Manager of TopParken [By RTL Nieuws.nl].
From paying (savings) money to earning
The recreational adventure that began over forty years ago in caravans has since gained quite a few new chapters. From small vacation homes to grand villas with private pools, at TopParken today they have something for every budget and every wish list.
Hachani sees that the demand for vacation homes, both from private individuals and real estate investors, has risen considerably in recent times: "Since a few years, we have seen the trend that more and more Dutch people prefer to go on vacation within their own country. Of course, this can be explained by the times we live in. However, even before corona's entrance there was already a visible growth in the number of visitors to our vacation parks. Since corona, this has only accelerated."
Hachani understands. "If you park your money at the bank you are increasingly faced with a negative savings rate. Massively we are looking for alternatives where we can grab some return. Buying a vacation home and then renting it out partially or completely is one of those options. In this scenario, you quickly make more money than if you leave your money in the bank."
Advantages of a vacation home
To say that it is very nice to have a vacation home somewhere in your own country is an understatement. What it has to offer you? "First of all, having your own vacation spot provides a lot of convenience, relaxation and happiness. Anytime you feel like getting away from it for a few days, you can.
`Looking at the financial picture, you can say that renting out your vacation home, if you want to, can earn you a nice little extra each year. However, it is important to know that the amount of the return strongly depends on which type of property you buy in which location. Suppose you have your eye on a location where the tourist flow is not the best, but you do have the idea of regularly renting out the house, then you are missing the boat. If you want to go for maximum return, then some of the vacation homes will simply fall through because of the location. Get information and advice on this."
Carefree real estate investment
Buying the vacation home is one thing, renting it out is a potential second step. Great such an extra income stream by renting out the vacation address only how do you go about it? "We can completely take care of both the sale and rental of a vacation home. We have our own rental organization. And that is not for nothing. By taking care of the rental, we can take all the care out of your hands and we can always guarantee a certain quality. It is therefore no coincidence that we are called TopParken," Hachani says with a laugh.
"Because we also have an in-house rental department, we get back an awful lot of information and experiences from vacation home renters. This information is very valuable because it allows us to sell new-build vacation homes for rental in a better way. We believe in and stand for quality, and thanks to this input we can take our vacation parks to an ever higher level."
"It is therefore no coincidence that we are called TopParken."
More than a nice return
Whether there are more advantages to buying a vacation home precisely through TopParken and optionally renting it out? "For starters, we only have vacation homes in A-locations in the middle of nature. I always jokingly say that the location for vacationers is in spots 1, 2 and 3. This is the first thing people look at. Furthermore, we have an interesting housing offer: from a cozy house on a rental plot to a complete villa for ten people on private land and wellness facilities. Here you have to think of a price range between €100,000 and €500,000." Hachani adds that if you don't want to rent out the vacation home, you can also purchase a compact home for as little as €60,000.
"And the final advantage to realizing a vacation home through TopParken is really in our team. It's in our DNA to enrich the lives of our buyers and vacationers with valuable memories. We are there to take the worry out of it and, when the buyer wants to rent out the property, to achieve high occupancy."
Vacation home wanted! Where to turn?
Interested in buying a vacation home in your own country? Surf to the TopParken website and schedule an introductory meeting or request a brochure. "During an appointment with one of our advisors, your personal wishes will be mapped out. Then a customized offer is made, and a visit is made to one or more vacation parks. Actual completion varies from a few weeks to a few months depending on the type of accommodation, the plot and the vacation park, among other things."
