Not just a place in the sun

residential property

Investors should make a clear distinction between a holiday home and an investment property, because a profitable investment has to be chosen by financial criteria rather than personal sentiment

Over the past 10 years investment in the UK residential property market has boomed as this sector has made record returns. More recently consumers have been increasingly drawn to foreign property investment, which offers similarly attractive returns and the possibility of doubling up as a holiday home. But can a holiday home be a true investment? Or does the very personal nature of this asset override and impinge on the goal of achieving positive financial returns? We believe there must be a clear distinction between a holiday home and an investment property. There are instances where cer...