If you have the available capital, do you buy a holiday home? Do you upgrade your existing holiday home? Do you let out the property? Are you buying a holiday home for pleasure or investment? Does it matter either way? Are the running costs fully taken into account? Are you better off renting? What about foreign ownership rules and death? Do you buy in a limited company? How is the home transferred on death to beneficiaries? Do you employ an agent to rent? What about tax? These are only some of the questions you need to address.
It’s our role to help clients allocate their capital and make sure the decisions are great decisions.
To explore how you allocate your capital, let’s have a conversation.