Seasonal Rental Investments in 2024: Why Invest by the Sea?
Living by the sea or spending some time there is a dream come true for many people. This is not surprising, as the coast offers a peaceful living environment and a pleasant climate. These advantages of coastal areas attract both local and foreign tourists, allowing you to easily make a profit on your rental investment.
Easy to Rent Out
Every year, the French coastline attracts millions of visitors seeking fresh air, sunshine, and sandy beaches. This makes it easy to rent out properties near this area. In a destination like this, it’s sometimes possible to find vacationers without even posting an ad with professional-quality photos. In fact, the mere fact that your apartment is located by the sea is sometimes enough to attract renters.
Lower risk of non-payment
In a beach resort where demand is high—especially during peak season—the risk of unpaid rent is very low. In fact, rent is usually paid when the accommodation is booked or upon the tenants’ arrival.
You can enjoy it too
What could be more enjoyable than being able to enjoy your house or apartment near the sea, especially during the off-season? Some homeowners even choose to rent a property in a seaside resort so they can live there after they retire. If that’s your goal as well, it’s advisable to move forward with your plan now to purchase your property at a better price. In fact, this type of property appreciates quickly. The longer you wait, the more you risk paying for the purchase.
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Choosing the Right Property for a Profitable Vacation Rental
In a vacation rental project, choosing the right property is crucial to the success of your investment. First, carefully consider the size of your house or apartment. This obviously depends on your budget, but also on the profile of the tenant you’re targeting. For example, a house intended for a family with children should not be the same size as one intended for a couple.
To attract as many guests as possible and easily make your rental property profitable, choose the right layout for your rental. Remember that guests are coming there for their vacations. They therefore expect the house or apartment to be comfortable and perfectly suited to their needs. If your budget allows, opt, for example, for an apartment with a terrace overlooking the ocean, a pool, a hot tub, etc.
Choosing the Right Location for Your Rental Apartment
Choosing the right location is key to the success of your seasonal rental investment. To find the best location for your property, consider the following criteria:
- the popularity of the seaside resort;
- tourist traffic and the types of vacationers, in order to choose the right property accordingly;
- proximity to amenities (stores, pharmacies, restaurants, etc.);
- accessibility by public transportation;
- etc.
Anglet: The Ideal City for a Vacation Rental?
Offering a quiet and pleasant living environment, the town of Anglet attracts many visitors each year. Easily accessible and welcoming, it is connected to the A63 highway and departmental roads 910 and 810. Within its boundaries, it is served by numerous bus lines, such as lines A1, C, 8, 12, and 14.
The municipality is classified in the Pinel B1 zone. This explains why you can claim a tax deduction for renting out your property in Anglet. Thanks to its appeal to tourists, rental prices in the area have been rising steadily for years.
Over the past year, rental prices per square meter have risen by 9% across all property types. Here is how rental prices in the city have changed over the past five years, broken down by housing type:
Creating Eye-Catching Listings for a Profitable Seaside Rental Property
A real estate listing plays an important role in a rental investment. With a professional listing that highlights your property’s strengths, you’ll quickly attract future tenants.
Unless you have extensive graphic design skills, it’s best to have a real estate agency create your property listing. They’ll know how to showcase your property and its location through an engaging and professional listing.
A real estate agency like L’Agencerie has the staff and equipment needed to design your listing. In addition, it publishes your listing on various platforms, such as real estate classifieds websites and social media. This will increase your chances of renting out your property quickly.
Have professionals manage your beachfront rental property
Investing in seasonal rental properties requires time and energy to avoid unexpected issues and ensure a good return over the long term. If this isn’t your main business, it’s best to entrust the rental management of your property to a local real estate agency.
With her in-depth knowledge of the rental market in your city, she will handle the following tasks, among others:
- rent setting;
- writing an appealing ad;
- conducting mandatory real estate inspections;
- home maintenance;
- etc.
L’Agencerie –
