Top Tips For Buying Superb Vacation Rental Properties in South Africa

Tips for purchasing superb vacation rental properties in South Africa

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Having a luxurious home away from home to which you can retreat whenever you are longing for respite is a fabulous ideal. Many buyers, however, feel that such an investment will go to waste when the home is only in use a few weeks of the year. Fortunately, advertising this space as a seasonal vacation spot is not only a good way to generate some income, but may be rewarding enough to afford you other property investment opportunities. It’s all about supply and demand, however, and meeting the expectations of your guests who will want to return next year. Fortunately, if you are seeking properties for sale to invest in as vacation rental properties, we at Fine & Country South Africa will certainly be able to assist you. Below, we take a look at a few quick tips on finding the right rental properties that will attract high-end holiday-goers.

 

Location is a major factor

 

Before purchasing any prospective rental properties, you will need to do a bit of market research. Some people enjoy the quiet countryside, others are seeking a wild, bushveld experience, and plenty of holidaymakers just want to be near the ocean. South Africa has no shortage of luxury properties located in such areas. Provinces such as the Western Cape, in particular, draw both locals and international tourists who pay handsomely for vacation rental properties near the Cape Winelands, Knysna or any of the coastal towns. Seasonality is another factor to consider, as some months will be busier in certain locations. In South Africa, the December holidays are a particularly popular time for inland dwellers to travel down to the beach. Considering these aspects will give you a realistic idea of expected profit potential.

 

Don’t forget about unexpected costs

 

The maintenance and upkeep of a vacation home can be tricky, especially if you live far away from it. Outgoing expenses will range from routine garden care and house cleaning to covering emergencies, like a plumbing leak or faulty wiring. It is important that your cash-flow estimates are accurate, and that you ensure to put aside money monthly for any instances where immediate repairs and maintenance are required.

 

Look for customisable properties

 

Unlike the home you already own and wish to stay in, holidaymakers will go where the trends take them. Tourists are often willing to pay more for rental properties that cater to modern tastes and may even go out of their way to avoid a space that looks old-fashioned or outmoded. Properties with timeless architectural features that stand the test of time are a good place to start. Large windows and entrances that allow for lots of natural light are a good example. Also consider that features such as tiles or carpeting take a lot of work to replace as trends change, while spaces with customisable options like laminates or luxury vinyl flooring are easier to upgrade on a whim.

 

Space for dynamic furnishings

 

Furniture and décor will also change as trends do, so seeking out high-quality staple pieces that make the most of a given space is vital. Large, comfortable seating, eating and entertainment areas are always a drawcard for families. You may also want to consider spaces that are child-friendly or ideal for simply relaxing in front of a breath-taking view. Look for potential rental properties that will provide you with an opportunity to emphasise experiences instead of merely accommodation.

 

If you require assistance when it comes to profitable rental properties and what purchasing them entails, we at Fine & Country South Africa can assist you. We have extensive knowledge of luxury homes and the current South African market, and you can trust us to offer expert advice and a seamless agency experience.

DISCOVER MORE ABOUT FINE & COUNTRY

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MULTI-AWARD WINNING


Our consistent efforts to offer innovative marketing combined with a high level of service have been recognised by the industry for an astounding fifth year in a row, winning Best International Real Estate Agency Marketing at the International Residential Property Awards.

INDEPENDENT EXPERTISE


Every Fine & Country agent is a highly proficient and professional independent estate agent, operating to strict codes of conduct and dedicated to you. They will assist, advise and inform you through each stage of the property transaction.

GLOBAL EXPOSURE


With offices in over 300 locations worldwide we combine the widespread exposure of the international marketplace with national marketing campaigns and local expertise and knowledge of carefully selected independent property professionals.

UNIQUE MARKETING APPROACH


People buy as much into lifestyle of a property and its location as they do the bricks and mortar. We utilize sophisticated, intelligent and creative marketing that provides the type of information buyers would never normally see with other agents.

PARK LANE OFFICE


Access the lucrative London and international investor market from our prestigious Park Lane showrooms at 121 Park Lane, Mayfair. Our showrooms in London are amongst the very best placed in Europe, attracting clients from all over the world.

Our International Network


Connecting offices on over 300 locations worldwide, our referral system combines local knowledge and expertise with an international network to find the right buyer for you wherever they are, at the same time as finding you your ideal next move

Our International Websites

United KingdomFranceHungaryCyprusGermanySpainPortugalMauritiusHong KongThailandNamibiaNigeriaSouth AfricaAustraliaFloridaZimbabwe

SOCIAL MEDIA

We interact with customers on the main social media channels including Facebook, Twitter, YouTube, LinkedIn and Pinterest, giving each property maximum online exposure.

 

Media Centre


MEDIA CENTRE Our internal Media Centre is a team of experienced press relations managers and copy writers dedicated to liaising with newspapers, magazines and other media outlets to gain extensive coverage for our properties in national and local media.

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Fine & Country Foreign Exchange


We have partnered with IFX, one of the world’s leading foreign exchange specialists to provide private and tailored currency services for all of our clients buying and selling luxury property around the world. Find out how we can help »