Are holiday lets a good investment? Learn about the income you could receive from owning a second home
Owning a holiday let as an investment could provide you with your own personal holiday retreat as well as...
Matching your property with the right holiday home letting agency is crucial to its success and profitability, plus your peace of mind. That is why it is so important to spend time researching your options, and identifying what you are hoping to get from your agent. Here are some things to consider when trying to choose who to work with.
Have you thought about the letting process and how you want to manage your bookings? Are you hoping to do the property preparation and changeovers yourself, or do you want your agent to take care of everything? Coast & Country Cottages offers both an owner and agency managed service, giving you different options depending on what level of involvement you are planning to have with the letting process. One of the most important things to remember is that we are always on hand to help, whatever service option you choose. We are passionate about providing exceptional holidays for our customers, and also ensuring our owners enjoy the best possible experience.
To help you choose what service option is best for you, click here to read our blog: How hands-on do I need to be? Owner vs agency managed service
It is very important to think carefully about the area your property is in, and whether the agent you are considering can effectively market, service and manage your holiday home. For instance, Coast & Country Cottages has a very strong presence in South Devon, with around 400 properties exclusively in the region. This means we have a vast network of trusted local tradesmen at our disposal, who we have built strong relationships with over a long period of time. We also have an incredible knowledge of the local area, and are experienced in what customers are looking for from their holiday here. We can therefore offer genuine advice to owners and customers on everything from restaurants to refurbishments… something national agencies without a locally-based team would not be able to do.
Using your property yourself?
When selecting an agency, it is important to think about your own expectations and choose accordingly. For example, if the holiday cottage is first and foremost your own weekend bolthole, ensure you choose an agent who offers flexibility on owner bookings. The benefit of picking an agency with an in-house Managed Services team is that we regularly check your property, meaning that when you do visit, you don’t have to spend time fixing issues.
Running your property as a business?
If the property is primarily a business venture or needs to generate a specific level of income, beware of companies who make false promises and predictions of unrealistic levels of bookings! Most importantly, go with the agent you feel most comfortable with – a good relationship between owner and agent really contributes to success, and Coast & Country Cottages’ excellent reputation and numerous long standing owners are proof of the importance of this rapport.
As with any home, investment in the property is needed regularly in order to maintain standards and encourage repeat bookings – holiday customers are increasingly discerning so an eye for detail is exceptionally important, and a good agency should help you at every stage of preparing and letting your holiday property. Coast & Country Cottages has its own dedicated Managed Services team who are on hand to help owners with simple maintenance matters or more extensive renovations and projects. We are also a VisitEngland accredited agency and our in-house VisitEngland inspectors will assess your property and give advice on how to maintain or increase its standard.
As part of the Sykes Holiday Cottages family, we at Coast & Country Cottages are proud to bring our owners the best of both worlds – Our owners can enjoy the outstanding combination of an eight-figure marketing budget and regional expertise, presence and exposure, combined with the local knowledge of our Salcombe-based Marketing and PR experts.
We have an effective marketing and PR campaign, both on a national and regional level, delivering extensive coverage and getting your property the attention it deserves. From social media to intelligent email marketing, printed mailings to local event sponsorship, we have all aspect of marketing covered.
So, what are you waiting for? Click here to visit our Let Your Cottage page to order your free owner guide now, or call 01548 843773 to speak to our friendly team. Our New Properties team would be delighted to meet with you at your property, or in our Salcombe or Dartmouth office, for a no-obligation chat about the services we offer and your property’s potential. We look forward to hearing from you.