Wednesday, January 19, 2022
Cbrai

Should you invest in a beach apartment?

At the time when you are considering investing in a property on the beach in Roses, Costa Brava; A thousand doubts and contradictory reasoning may appear. This is a scary decision, but buying a property and then renting it can be a stable source of income, as well as an incredible place to enjoy a vacation with your family.

Below we will explain the pros and cons of owning a holiday rental in Roses Costa Brava to help you decide whether or not you should. In addition to what is the median income and various factors that you should know.

APARTMENT ON THE BEACH: RIGHT INVESTMENT?
Thanks to the relaxing environment, the wide range of activities that can be done on the Costa Brava, the varied beaches and coves of sand and stones, the crystal clear water... the demand for houses and flats near the sea is very high. However, just because there is a lot of demand does not mean that you will not find your ideal property.

VACATION RENTAL: ADVANTAGES AND DISADVANTAGES
Before buying a house or apartment near the sea, it is very important to know the list of pros and cons that this action entails.

ADVANTAGES
This option can generate benefits that help you raise your economic situation, since the vacation sector does not stop growing. In 2021, according to Statista, revenues from this sector are expected to increase by 36.7%. This industry has great potential, but it is very important to have a good plan to achieve profits and a good vacation rental agency that manages the property, such as roses.net with a lot of experience in the sector.
Another advantage of investing in a beach apartment is that you can enjoy your vacation rental yourself. Keep in mind that if you plan to make the house or apartment profitable and deduct the expenses as a business, you must differentiate between two periods that must be declared in the same fiscal year.
In addition, positioning your property will be very simple, since having a striking apartment near the sea in Roses Costa Brava makes it very easy to give visibility to your apartment. Although being by the sea will be the main advantage you will have, it is important to have professional images of the property. The use of social networks such as Instagram and Facebook will help give your apartment a voice, for this reason it is very important that a specialized agency manages the vacation rental of your property.

DISADVANTAGES
One of the disadvantages of investing in a vacation rental is that your income can depend on the location you are in and the time of year. For this reason, it is essential to have a very good strategy when deciding the spring and summer prices. Otherwise, you could have trouble meeting those months when demand is lower. However, many owners obtain, during the high seasons, enough income to maintain the expenses of the property throughout the winter and even make a profit.

It should also be borne in mind that due to the pandemic, preferences when traveling have changed exaggeratedly. Due to the increase in teleworkers, families are looking for a change of scenery for the whole year. Therefore, nowadays the apartments on the beach and especially in this spectacular area such as the Costa Brava are much more in demand throughout the year and can even be very profitable during the winter season, for long-term rentals. in low season.

AVERAGE INCOME PROVIDED BY AN APARTMENT ON THE BEACH IN ROSES COSTA BRAVA
The marketing strategy you use, the number of advertisements you use, or whether or not you have invested in tourist apartment management software, are factors that will affect the amount of money you can earn.
Tourist apartment management software can increase your income. First of all, on this platform you will be able to form your own website about your apartment, offering the possibility that future guests can book the apartment through it. If you also provide a 'channel manager' you will be able to synchronize the calendar and give visibility to your property on platforms such as Booking, Airbnb, Locasun, Expedia, Homeaway, Abritel, etc., in this way it will be much easier to organize reservations and your apartment will be more accessible.
In addition, you will be able to offer your guests a better service by automating communication with them.
The ideal is to have an agency specialized in vacation rentals to achieve the highest possible return, since these agencies have everything described above, in addition to extensive experience in the sector. Organizing everything, cleaning, delivery of keys, reservations, repairs, etc. ROSES.NET has +150 vacation rental accommodations, being a benchmark for rentals in Roses, Costa Brava. You can check their website here: https://www.rosesbooking.com/

FACTORS TO TAKE INTO ACCOUNT
Once you know all the ins and outs and risks of owning a beach vacation rental, it will be easier to have a successful strategy.
But before deciding whether or not you should make this investment, we have made a small list of some things that you should take into account:


* THE LOCALIZATION
As we have already mentioned, the months in which there will be more demand will be the warm months, therefore, when looking for a flat you should know the area in which the flat is located, if it has parking and a pool it is always a plus . In any case, if it is located near the beach and does not have parking and a swimming pool, it is not usually a problem, and it is also very profitable.

* THE LEGISLATION
Before buying a house or an apartment, it is very important to know the regulations for vacation rentals.
In Spain, you must obtain a license to start your business through the competent body of the Autonomous Community where the property is located. It is very important to know this information before making any decision.
Soon we will make another entry on the blog about what is necessary to put your property up for vacation rental. The costs of registering with the town hall depend on each municipality, in any case, it is a single payment.
If you want to know the approximate profitability of a property that you want to buy and dedicate to vacation rental, do not hesitate to contact us and we will provide you with advice without obligation.




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