This has been observed that hospitality sector is taking a new dimensions in India as renting out a Holiday home is becoming a trend instead of just looking for luxurious hotel or resort. The concept of buying a holiday home is brought forefront especially after the pandemic. The people are now more interested in enjoying the Nature and to reinforce connection with themselves apart from just freaking out at the luxurious hotels; that’s how holiday home investment turns out to be the brilliant option.
In India, holiday home market is poised to witness high traction in the near term. According to a survey carried out by SavillsIndia, almost 70 per cent of respondents want to invest in a second home rated at Rs 2 crore or less. It is been found out from some relevant studies that 80% of the vacation home owners use to hold their property for around 4-5 years and when the value of those property appreciates, they sell if off at higher ticket size and that helps them to get amazing capital gains and the cherry on the cake is definitely vacation rentals.
So there are countless rewards of buying a holiday home but still if you are in fence then below are the 5 major reasons, why you should have holiday home in your investment portfolio –
1. Self-dependent for its own expenses
Yes, you heard it right, holiday home is not dependent to its owner for expenses, and is capable enough to pay off its own expenses, interesting right? Usually, Holiday homes are at the places that are travel friendly and have excellent scenic views and that indeed help escalate the vacation rentals plus the cost of the project many folds and that’s how it is capable to give awesome returns. That’s how holiday homes can easily pay off its re-occurring expenses by renting it out for the unused day’s i.e. when you are not on vacations.
When it comes to BRIKitt, all the properties that we sell can easily be rented out as our focus is to give you excellent returns on your investment. You can see the currently listed property by just logging in to our website
2. Highly risk free Investment
In comparison to any other real estate investment, the one investment that is exposed to the lowest risk is investing in vacation rental homes, and this is one of the strongest reasons behind the increasing popularity of holiday homes. The holiday homes are mostly at the tourist places so they enjoys high occupancy rates as they attracts lots of guests and the combined effect is you can get good vacation rentals. Additionally you can very easily save the cost of your vacations as luxurious accommodation being one of the major part of expenses while planning your vacations so you can very comfortably enjoy your holiday while spending no money on vacation rentals and that to for your life time. If you choose holiday home investment with BRIKitt, it even comes with the option of Exchange Benefits in that you can buy a holiday home in one location and you have the option to stay at any of the BRIKitt property. Isn’t it an exciting option? To know more explore our website www.brikitt.com now to know about the amazing locations you can explore, just after investing in 1 brik.
3. Easy Customisation
If you have invested in luxurious hotel rentals, Are you able to change even the direction of wall clock? No, however if you own a vacation rental homes you can do the necessary customization and can create an environment that you like to live in and this ultimately gives you a feeling of complete ownerships or the true customization. Unlike Hotels. After buying a holiday home you even have some space for yourselves as you are not bound to 4 walls or a cramped rooms.
4. Free from Maintenance
If we buy holiday home solely then the first thought that will bother you is its maintenance cost and it is highly believed that this is the biggest hassle in owing a vacation rental homes but if you made a right choice of investing on holiday home with BRIKitt then you need not to take any stress you just need to sit back and relax with unforgettable vacation experiences while all the property management will be taken care by BRIKitt.
5. Save your money and money will save you
This is very well said especially if you buy a holiday home with BRIKitt, as BRIKitt offers you to buy a holiday home at fraction of its cost i.e., 1/11thfraction by doing this you are able to do diversified investment on the other hand you can get the saving as vacation rentals while you are not on holidays and that’s how money will save you when you are in need. Isn’t it amazing and this single reason is capable enough to motivate you to log on to www.brikitt.com and get a better clarity.
Holiday home is typically a concept that can offer utmost comfort and fulfilment to the youth that they are looking for today when it comes to Vacations. If you are one looking for second home then Vacation homes are indeed the best option that offers fulfilment to your soul and confidence to your finances.