If you do not intend to stay long term in your holiday home, long or short term rentals can do everything from deliver a substantial income from your investment to simply covering some of the costs associated with ownership.
Property rental companies range from small firms with specialised local knowledge (often in-resort) to multi-national, web-enabled companies with the same booking systems used by airlines or holiday companies. Rental services are often provided or sourced by property management agencies.
There will usually be a 24-hour resort contact phone number, and often a diary service to handle bookings on your behalf.
Rental agencies will typically charge commission of up to 20% for their services, with other extras attracting one-off extra fees.
There are advantages and disadvantages to the different types of company, and your individual circumstances, type of property and rental aspirations will help to decide the best approach for you.
Again, we know the options in all of our areas are happy to advise you accordingly.
To find out more, contact us.