TO INVEST IN A SECOND HOME
Perhaps you have at some point considered buying a second home to use for investment.
At RE / MAX ISLA BLANCA in Ibiza and Santa Eulària we tell you that for this operation to have the desired end, you will need a lot of advice and dedicate time to finding the ideal property. If you do it right, you have no doubts that your investment will pay off in spades.
And is that the income from a second home may vary depending on the location and use of the property. At RE / MAX ISLA BLANCA in Ibiza and Santa Eulària, as experts in the real estate sector that we are, we are convinced that any home that we have throughout the island has incredible potential to achieve the desired income in a real estate investment .
There is even the possibility that you intend to use that second home regularly, which is not surprising, being in such a wonderful enclave as Ibiza, so you can seek returns beyond the capital appreciation. For this reason, from RE / MAX ISLA BLANCA in Ibiza and Santa Eulària we advise in this case, that the house be used for vacation rentals.
However, knowing how to identify the ideal places for your investment is not an easy task and it is convenient to keep track of market trends, since it is essential for the perfect choice of a second home. But that work is better left in our hands, since with our experience, we are able to detect and discover the best and most profitable properties to carry out your investment.
One of the biggest advantages that we have on the island are the views. According to several studies in which the opinion of some buyers is collected, we come to the conclusion that having good views will greatly revalue the price of your home.
From RE / MAX ISLA BLANCA, in addition to this important feature, we recommend that you also pay attention to other characteristics that your second home should have, so that you get the profitability you are looking for.
Whether it’s because you want to rent the property or you simply want to make sure it is attractive to other potential buyers, choosing the right features to update it is essential. To do this, incorporate into your home all the essential and modern accessories such as Wi-Fi, high-definition televisions, home automation systems … as well as clean and elegant bathrooms with common spaces. Taking advantage of the good climate that we enjoy on the island, outdoor stays such as dining rooms, ambient lighting or additional spaces where you can enjoy the open sky, can add considerable value.
Apart from this, you will have to specify the maintenance costs of your house, from cleaning, gardening and pool maintenance, repairs … to ensure the price for which you are going to make your home available and not lose money.
If you are thinking of investing in a second residence in Ibiza, whether to rent, to sell, to live in it at certain times of the year or to rent it for vacation purposes, come to any of the RE / MAX ISLA BLANCA offices in Ibiza and Santa Eulària and let yourself be advised by the best professionals.