Many people with second holiday homes obviously consider renting them when they are not in use by the owner, family or friends. This way they can cover some of the costs involved in maintaining the property and make an additional income. I thought the information I collected below would be valuable to those considering renting their holiday homes, as it is well worth taking into account the experiences of those people who have trod this path before.

Equipping Your Property

When you first venture into the holiday property business, it can be tempting to try and limit your initial set-up costs by providing the bare minimum of furniture and equipment. But the advice I have collected from seasoned holiday property owners is…don’t try and cut corners! Furnish and equip your property as well as you can possibly afford.

Obviously you’re worried about getting a good return on your investment. The fear that some holidaymakers from hell will wreak havoc with your possessions might deter you from equipping your holiday home to a high standard.

Those who’ve been in the business for years have found that most holidaymakers take greater care with furniture and other more personal items if they can see these are things which the owner obviously cares about…it’s human nature.

Generally speaking people prefer – and expect – their holiday accommodation to be superior to their own homes. They are more likely to look after your property if they feel you have taken a lot of trouble to make them feel welcome and comfortable.

Ensuring all the beds are comfortable is an absolute must. A lack of sleep is enough is ruin anyone’s holiday. One owner advises: ” Sleep in every bed in the place! I had several complaints about a bed during my first year of renting out – and when I next visited my property I realised the complaints were entirely justified.”

Bear in mind that many holidaymakers regard certain items – such as a microwave oven, satellite TV and tumble drier – as essential in a holiday property, even though they might not have them at home.

If you store personal things in the property which are not for the use of your tenants, it’s not a good idea to keep them in a locked cupboard…it just makes people curious and they may try to wrench the door open! Many owners find a polite notice, asking tenants not to use particular items, works better. Generally, holidaymakers will respect the owner’s wishes. A better solution, if possible, is to store personal items with friends during lets.

It’s advisable to have removable and washable covers (or throw-overs) on your three-piece suite – especially if your property is one of the hotter areas of Spain.

As one property owner pointed out: “People come in from the beach or terrace and sit down covered in suntan oil. It took me ages to figure out why my suite was filthy every time I visited.”

The same owner continued: “You’d be amazed at what tenants can do. I’ve had pictures stolen, frying pans apparently used as hammers, the kitchen workbench (solid wood) used as a chopping board. One of my friends had her portable barbecue lit inside the lounge, leaving a very black ceiling!”

This owner’s motto is: Be prepared for the worst…even though it doesn’t normally happen. In seven years of holiday letting, the vast majority of her experiences have been positive!

Using Letting Agencies

By yanam49

Leave a Reply

Your email address will not be published.