Investing in holiday destinations. Can you have your cake and eat it?
It’s an enticing prospect. Own a holiday home. Rent it out when you can and use it when you can’t.
Can you really make money be doing this? How? How much can you use the property before it hurts your rentals? How does a holiday home compare with income from “pure investments”? Where works best?
... and will you still be able to do this in the EU post (yawn!) Brexit?
John Howell in discussion with Edwin Hanssen (Florens Resort - Switzerland), Ercan Sezginer (Atlantic Estates - Cyprus) and Fred Pickens (Harvest Home Realty - USA).
John Howell is the Founder and Editor of Guides.Global – a website providing written and video guides to how things really work in other countries. Boasting over 30 years of experience in dealing with international legal and property problems, he is widely recognised and respected as a leading figure – and a leading legal adviser – in the field of international property. He has written many books about the subject, including several titles in 'The Sunday Times ® Guide to buying a Property in ...' series and two 'International Law' volumes of the prestigious Butterworths Encyclopaedia of Forms & Precedents - a major text book for lawyers.
He was also the Editorial Director of OPP – the voice of the international property industry - and has appeared many times in the press and on radio and TV as an expert on international law and property. He has also presented seminars about property investment all over the world. He was a founder member of and (for several years) a board member of AIPP (the Association of International Property Professionals).
In 1995, Fred Pickens became a licensed Realtor and started working with Westdale Better Homes, concentrating on residential and commercial properties, where he quickly developed a deep understanding and appreciation for urban properties in Western Michigan.
Following spells with both First Equity and Keys Realty, today he is heading Harvest Homes Realty LLC in Southfield Mi.
Fred is currently the President of the Detroit Association of Realtors; member of the Michigan Association of Realtors (MAR); and member of the National Association of Realtors (NAR). In addition, he is a certified short sale expert, specialize in REO and bank owned properties, HUD approved broker and enthusiastically services the tri-county area!
Edwin Hanssen is Real Estate Sales Manager for Lake Resort Interlaken AG Oberried (Florens Resort).
A private retreat at the best waterfront location on Lake Brienz, surrounded by untouched nature, paired with the comforts of a first-class hotel. All of this and much more are on offer at the exclusive holiday apartments of Florens Resort & Suites, which will be completed in 2021 at one of the few available lakeside properties in Switzerland. The 155 apartments have an exquisite view of Lake Brienz and its impressive mountainous backdrop of the Bernese Alps, providing a unique retreat that unites elegance with sustainability.
Whether you are a buyer or a seller of property, a local resident or a newcomer to Cyprus, Ercan Sezginer and his team at Atlantic Estae Agents provide professional advice and help you so that you may buy or sell with full confidence.
For international buyers their agency service provides a low stress and hassle-free tenancy management service for clients.