A few things should be taken into considering when beginning your search for a villa. First, consider the location. The most popular areas with tourists are those areas close to beaches and other main attractions. If you intend to rent the villa, you definitely want to consider the villas proximity to these attractions. Villas near the beach, for instance, may cost you more upfront at the time of purchase but keep in mind that you will also be able to charge a higher rental fee. Also consider the amenities offered with the villa. Tourists often desire a private pool, a scenic view, maid service, convenience to the beach, shopping, night life and restaurants. The décor is also something to consider. When advertising online, pictures of the villa are important in advertising and a nice decorated villa will attract much more attention. Again, spending money to furnish and decorate the villa may cost you more money upfront, but it will be a good investment if you are renting the villa. Finally, you should also consider the resale value of the villa since you may decide to sell it at some point in the future. Popular locations will provide more flexibility and options when you do decide to sell.
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| Once you have purchased a villa, you can get a good weekly rental rate if it is in a location popular with tourists. This can become a great source of income, especially during the summer season. The rental rate you can charge is influenced by such factors as the villa’s size, location, amenities and features, and proximity to public transportation, the beach and other attractions. June through September are the prime months for vacation rentals, and you may find that your villa is booked almost every week. Be sure to advertise your villa in advance as people begin planning and booking accommodations up to six months prior to their trip. You will find that July and August have the highest demand for rentals, as well as Christmas and Easter holidays which are also especially popular. Many travelers visit the area for these holiday festivals, processions and celebrations. During the winter months, you may be able to rent your villa to those coming from Northern Europe to escape the colder weather. You may also find retired individuals seeking somewhere to rent during the winter months, which can be a good source of steady rental income during these seasons not as busy as the summer months. The basic rental rate will be less than in the summer, but at least it is still a source of incoming rental cash flow.
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