Once you have bought your fabulous holiday home, you will appreciate that there are a number of running costs that have to be met.

If you have bought your new home for your exclusive use and do not intend to rent it out to others, then you are not likely to be as concerned about the running costs as others.

If however you have bought your home as an investment with the intention that it pays for itself, then there are a number of costs that you will need to cover from the rental income generated.

We can give you further information and a specimen costs structure which will demonstrate how a house can be used as the basis for a business to pay the expenses and generate income.  Don't forget, either, that your rental income will be paying the purchase cost of your new home if you market it in a successful and considered fashion.

The following monthly running costs can be met from your rental income:

  Mortgage Repayments
  Property Taxes
  Utility Bills (Water, Electricity)
  Swimming Pool Maintenance
  Cable TV Charges
  Home Owners' Association fees
  Insurance
  Telephone Rental
  Management Fees
  Cleaning Between Guests

Please get in touch if you would like further details with calculations based upon current levels of purchase price, interest rates and monthly expenditure.

Remember too that our sister company, Florigroup (click here for website) can assist you in finding guests to rent your villa.  Florigroup pays you a deposit on booking with the balance of the rental paid 4 weeks before the date your guests arrive at the property.  Our rates are consistently higher than those paid by management companies and tour operators who will pay you an uncertain level of rent in arrears.

You will also need to consider advertising your villa to attract clients to your house.  There are many forms of advertising available to you in newspapers and periodicals, on the internet, (we can recommend a good web builder who will produce an excellent small web site for the exclusive marketing of your house), in brochures, or a vast array of other outlets.  We would be pleased to assist you with the marketing of your property.

You will find that many guests will want to return year after year to your property once they stay in it.  People are creatures of habit and if they find a place they like they will go back to what they know.  Repeat bookings will account for a good proportion of your bookings after the first couple of years.

>> learn more

>> learn more

>> learn more

Florida Travel Group : 5 Woodend, Darras Hall, Ponteland, Newcastle Upon Tyne. NE20 9ES. United Kingdom.

Tel : +44 (0) 1661 872 443     Tel : +44 (0) 1670 511521     enquiries@floridatravelgroup.com