The number of holiday rental properties in Europe is increasing and the right level of exposure is essential, especially when the global economic downturn is taken into account. Property owners should make sure that they give a very detailed and interesting description of their holiday rental and surrounding area.
Market your property in Tenerife whilst long winter nights in the UK cause people to think of holidays and warmer climes
Owners of overseas self-catering holiday homes are reminded that the long dark evenings of winter are just the time when people think about next year’s vacation and therefore property owners should think about marketing the properties via estate agents in Tenerife.
In related news, Britons who let out holiday homes in the UK will need to maximise on lettings in 2010 as they are likely to lose their furnished holiday lettings tax relief in April of next year.New legislation, details of which are expected in this month’s pre-Budget report, are expected to outline changes to the tax rules for furnished properties available to let for at least 140 days a year and actually let for 70 days year.
The new measures could affect around 60,000 individual second-home owners, who form the core of the UK’s holiday lets market, and can currently offset the cost of furniture and fittings against tax.
