INVEST IN YOUR DREAM
Many of us dream about investing in our own property at the southern parts of Spain. However, very few of us make it a reality because of the uncertainty of the process.
- Our question is; What if we at RIL would help you out with the full process so you are secured from start to finish?
To begin, we will show you a step-by-step guide and what it is like to own a vacation home in Spain; Buying process, good insurances, recommendation of lawyer, properties with highest ROI (Return Of Investment) potential partners for re-sale in the future, and of course the rental process so you secure income on a monthly basis. Down below you can take a look about a simple brief of what you can expect.
PROS ABOUT OWNERSHIP
- Its an investment
Like your primary home, a vacation home will hopefully and probably increase in value. Especially in popular areas near beaches or mountains, you may be able to sell your vacation home for substantially more than you bought it for.
- Earn passive income
If you aren't going to live in the vacation home throughout the year, you could create a passive stream of income by renting it out to other vacationers & we at Rent In Luxe can take care of the whole process for you.
- You'll save on vacations
Depending where the vacation home is, maybe you'll have to spend money on gas or airfare, but otherwise, you'll already have a place to stay. Another upside is that you can stay longer when you travel. Normally you pay hotels/vacation homes a fee every night you are staying. However - if its your own home, you can stay for as long as you wish.
- It can boost your quality of life
It's not all about money. A vacation home will allow you to a place to recharge and relax, to join that golf club you couldn't do before , But the best of all is probably to let others you love join you on the journey. To book a vacation for many family members and friends can be expensive - but with your own property, you can allow access to your mother, father, brother sister, grandparents, sons, daughters or friends whom would appreciate a vacation they couldn't do before.
THINK ABOUT BEFORE BUYING
Ownership expenses
Owning a secondary home cost money. You are probably going to pay another morgage, insurance, property taxes and utilities. Of course this normally being covered by rental income, but still we believe its important to take this point into consideration before you secure your new investment.
Opportunity Cost
Even if we have great investment formulas for you upfront, we still recommend every speculant to travel into Marbella and look at properties live. We can easy plan a weekend-package trip where we can show you 20 different options before any conclusions or final decisions are in place.