When you are wanting to have an additional income, some people decide to invest in holiday rental property. When you decide to do this, you need to decide what type of holiday property you are going to invest in? The two most popular choices are caravans or holiday homes?
Both of these options come with their own benefits. The main benefit of having a caravan rental is the location. Most caravans are situated in holiday parks, meaning you are likely to be able to offer a range of facilities from the holiday park. Including swimming, arcades and entertainment.
However, some people prefer holiday homes. The option to be more secluded and private in a location of your choice. Being able to offer a holiday that is more homely, suitable for families of a range of sizes. The location is completely up to you and you aren’t stuck with where they are already.