Investing In A Holiday Lodge
Is a holiday lodge right for you and your family?
A holiday lodge could be described as a static caravan on steroids. A park home that has grown up, spread its wings and been treated to a five-star makeover. Owners love their lodge for its spaciousness and shameless sense of style.
None of this comes cheap of course. A lodge is a significant investment, but is it a wise one?
The short answer is yes, and here we explore why from a number of angles.
Your new holiday lodge is an investment in your quality of life. One that will pay dividends for years to come. So, while it may not hold all its value, it will still prove an excellent investment over the years.
Remember, too, that lodges, are built to last, with a trouble-free lifespan of at least 80 years. Resale value is unlikely to be an issue.
If you are used to holidays abroad, investing in a lodge can save you a fortune on travel. And you’ll escape from those long, delay-filled days hanging around airports.
Lodges are generally built to BS3632. This is the standard for permanent residences, so build quality and energy efficiency are assured. Even the most luxurious lodge is a much simpler structure than any brick-built property, and therefore much easier to keep in good condition. Compared to a conventional second home, you’ll save massively on maintenance over the years.
A holiday lodge in a beautiful location, with every home comfort in place, is something other people will enjoy as much as you do. Renting the lodge out between your visits is a simple way to generate income. Painless too, because your park owner will probably do most of the work or you can rent it through air B&B.
And right now is the perfect time to consider making your holiday home pay its way. After Brexit and Covid-19, staycations have never been so attractive to so many people. Furthermore, some of the nation’s most spectacular views are in places where bricks-and-mortar properties are either not permitted or prohibitively expensive. Now more than ever, your desirable holiday lodge can be a money-making asset.
