Thinking about buying a holiday home.

gunner0788

Hey guys, i need advice. Im thinking of buying a holiday lodge and letting the campsite rent it out for me. Has anyone had any experience with this? Do you rent yours out? and does it cover the camp fees?
Any info woild be great. Im looking at a £50k lodge btw for a family of 4.

greenface

I bought a holiday chalet on a decent park for a lot less than 50k . paid cash so no loan to repay . self managed it for 6 years and made about 3k a year profit . Never spent a night in it (I have another for family ) site fees are about 3k a year . cleaner charged 20 a clean . insurance about 200 pa . ask other home owners on your site and ask them . remember to make the most profit you will not be enjoying it in the peak times