The hospitality sector in India is undergoing a transformation, with the trend of renting out holiday homes gaining momentum over traditional luxury hotels and resorts. The concept of owning a holiday home has surged, particularly in the wake of the pandemic, as people seek to reconnect with nature and themselves. This shift underscores the brilliance of investing in holiday homes.
In India, the holiday home market is poised for significant growth. A survey by Savills India reveals that nearly 70% of respondents are keen on investing in a second home valued at Rs 2 crore or less. Studies further indicate that 80% of vacation homeowners hold their properties for 4-5 years, capitalizing on the appreciation in property value for lucrative gains upon resale. The allure of vacation rentals adds to the appeal.
If you’re still on the fence about investing in a holiday home, here are 5 compelling reasons why it should be part of your investment portfolio:
Self-dependent for its own expenses
Imagine a holiday home that doesn’t rely on its owner for expenses but instead, generates its own income. Sounds intriguing, doesn’t it? Holiday homes are typically nestled in travel-friendly locations, boasting breath taking scenic views. This unique characteristic not only enhances vacation rentals but also multiplies the project’s value, offering remarkable returns on investment. By renting out the property during unused days—when you’re not vacationing—these holiday homes effortlessly cover recurring expenses.
At Eko Privilege, we specialize in properties that epitomize this concept. Our focus is to ensure that your investment yields exceptional returns. Explore our current listings simply by logging into our website.
Highly Risk-Free Investment
Investing in vacation rental homes is increasingly popular due to its low-risk nature compared to other real estate investments. Holiday homes, typically located in tourist destinations, boast high occupancy rates, ensuring consistent rental income. By investing in vacation rentals, you can significantly reduce vacation expenses, as accommodation costs often form a major part of holiday budgets. With eko privilege, investors also gain access to Exchange Benefits, allowing them to stay at any eko privilege location. Explore our website,ekoprivilege to discover the incredible locations available for investment and lifelong holiday enjoyment.
Easy Customisation
Owning a vacation rental home offers unparalleled freedom for customization compared to luxurious hotel rentals. Unlike hotels, where even changing the direction of a wall clock is not possible, vacation homeowners can personalize their space to suit their preferences, fostering a true sense of ownership and customization. With a holiday home, you’re not confined to the limitations of a hotel room; instead, you have the freedom to enjoy ample space and create an environment that truly feels like home.
Free from Maintenance
Investing in a holiday home can be daunting due to maintenance costs, but with Ekoprivilege, stress fades away. Let Ekoprivilege handle property management while you enjoy unforgettable vacations worry-free. Sit back, relax, and let your holiday dreams come true.
Save your money and money will save you
Investing in a holiday home with Ekoprivilege offers unparalleled benefits. With fractional ownership at 1/11th the cost, you diversify your investments while enjoying savings through vacation rentals. It’s a win-win that secures your finances and fulfills your vacation dreams.
