Financial Services > Investments > Property Overseas > Letting Your Property Overseas

Letting Your Property Overseas

You will probably already have thought about the renting potential of your property (location, does it have a swimming pool, access/transport etc?) but there are number of other things to consider, particularly if you plan to do it yourself.

How much can you charge? Start by checking the seasonal prices of other rented properties in the area (browse through brochures, contact companies who let similar properties, check adverts in the national press and on the internet). Although the amount you can charge will be affected by the size and quality of your property, it is primarily dependent upon where it is. Rent is usually set according to the season so check with the local tourist office when the high, mid and low seasons are.

When do you want to let your property? Although you will probably want to keep some weeks in the high season free for yourself, this is when you will get the most bookings and be able to charge the highest rate. Many clients like to book directly with the owner of the property because they prefer the personal touch, but they will expect to pay less than going through an agent or tour operator.

 

For advice about how to arrange your mortgage for your dream home abroad visit us at www.mortgages.co.uk

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