Second home buyers turning to investment opportunities with holiday lets
Worldwide: More second home buyers are renting out their homes to cover high costs rather than purchasing them for their own exclusive use, according to research. Buying second homes before leasing them out as shared accommodation has grown sharply in the past two decades, due to the surge of online lettings sites and Airbnb. Estate […]
Vacation home buyers prioritising profit over personal use
United States: Vacation home buyers are, for the first time ever, prioritising rental income over personal use in the United States, according to research from Savills and HomeAway. The Savills World Research survey, which was carried out between February and March this year, surveyed 4,300 property owners who list their vacation homes on HomeAway’s sites […]