Buying Property to Rent in Spain - Polaris World Resorts

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how much will i earn from rental? 

top ten tips for holiday rental income in spain 

1. Build for the long term. Get repeat clients returning year after year. That will greatly increase your occupancy, ie your "weeks".        
2. Buy in an easily accessible location with year round flights, every day of the year. Murcia already has an airport at San Javier with daily flights from all over the UK and Alicante is within an hour.
3. Expand your market. Make sure the location is accessible from all over Europe. Your clients may not be just British holidaymakers. Many European holiday destinations do not have regular flights outside the summer. Read more on the new airport at Corvera in Murcia.
4. Ensure you have year round good weather. The secret to maximising your weeks is to fill the property outside the high season. Pick a climate that is warm in winter (the Murcia climate is one of the warmest in Europe all year). For example the likes of Turkey and Bulgaria are cold in winter.
5. Ensure you have something to offer other than aproperty in the sun! Pick a property for its surroundings not just its size or other features. Holidaymakers rent where there are things to do. The Murcia Golf resorts offer year round rentability. ie holidaymakers in summer, golfers the rest of the year with the courses open every day of the year.
6. Choose a resort with quality offerings. Some of the Polaris World resorts have five star hotels, spas, bars, restaurants, all offer golf and all have any number of communal swimming pools.
7. Buy where it is easier to re-sell. Many places are impossible to sell resale properties. There is a very active resale market on the Polaris World resorts in Spain and buying at today's prices you will not have any problem re-selling in future years and recouping your investment.
8. Buy in an upcoming market. Murcia is well developed now but there is plenty of scope for huge tourism growth in future years. For example the proposed Paramount Pictures theme park in Murcia is expected to increase visitor numbers to the region by a staggering 3 million holidaymakers each year. They will all need somewhere to stay and current estimates are that Murcia is 15,000 hotel rooms short.
9. Make your property special and stand out from the crowd. Features such as games players for the kids, TV, DVD's, air conditioning, decent quality furniture are all aspects that will set your property above other rentals on the market and help maximise your weeks.
10. Take the advice of a good Spanish estate agent with many years experience selling in that particular market. They know what sells, they know what rents and they can give invaluable advice such as the right resort, location and orientation of the property, which floor to choose etc. Walk away as soon as they start telling you how much rental you will get!
 

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