Holiday Rentals - Buying A Villa In Moraira

On the Mediterranean Coast of Spain’s Costa Blanca, Moraira is both a popular residential town and holiday destination both for city dwelling Spaniards and international tourists. It has a lovely town centre full of friendly, reasonably priced bars and restaurants, a pretty old town and sophisticated Marina. In addition, the area offers clean, blue flag beaches and plenty to do.

Pros for Investment

There is a high demand for holiday rental properties in this little town so buying a villa in Moraira can be a great investment. You will find that demand for holiday accommodation is steady throughout the year because of this area can boast more than 300 days of sunshine per year, winter is also a great time for people to holiday here. Currently the property market is booming in Moraira, and the town has a record of steady growth. This means that those who buy a villa in Moraira can expect it to increase steadily in price. You can also save money on your own family holidays by unwinding by your own pool and enjoying your own piece of this Spanish paradise with family and friends.

Possible Cons to consider.

Prior to buying a villa in Moraira, you will need to ensure that your villa stands out in the competitive rental market, try to invest in something that offers unique amenities in a desirable location and ensure that your rental rates are attractive. You will need to factor into the price the cost of management and maintenance to avoid any negative feedback and bookings will need to be carefully handled. It is best to employ and trusted / recommended local property management team to handle this for you if you are not living in the area yourself. The costs for this should be considered when pricing your holiday let. If you are from a non-Eu country you will be taxed in Spain on the income, make sure that your lawyer advises you of all the likely financial outgoings you will face before committing yourself. In some cases, rental properties will be charged a higher “council tax” for rubbish collection, and you will need to ensure that a tourist license will be granted so that you can rent your villa to short-term clients.

Making your Decision

Once you have carefully considered all the pros and cons your investment and decide to proceed with buying a villa in Moraira for holiday rentals, contact our experience team at Hamiltons of London with your wish list and budget. If we know your must haves, would likes and maximum purchase amount we will be able to suggest some properties for your consideration and subsequently arrange for you to see those that you like the best.

Tips for Success

Once you have decided which villa to buy in Moraira start to look for your property management agents so that you can commence publicity and start to take rental bookings. Ensure that descriptions are accurate and attractive and that any photographs show your home in the best possible light. Naturally when your up and running happy customers always generate more business so keep up the good work with exceptional customer care so that you receive positive reviews for your well-maintained, clean property. Ensure that any enquiries or, indeed criticisms, are dealt with quickly and leave a great impression with your customer.

Conclusion

When you buy a villa in Moraira to let out to holidaymakers out you are potentially making an excellent investment and will enjoy a rewarding experience providing you approach the venture in a business-like fashion. Research and planning are key to ensuring that you can provide a great holiday experience and service for your customers.