Despite the sharp increase in
house prices in the
UK, more and more britons opt for a
holiday home and, contrary to populary belief,
Spain is not the
main destination. A third of all british
holiday home owners have a
holiday home in their native country.
Spain comes second, with a fourth of britons choosing it to invest in the
property market there.
In the
UK, the britons go for the
South West, with 30% of all
holiday home owners choosing the
South West when they buy.
The Midlands is the least popular location.
The trend is upwards, as 7% of the
holiday home owners admitting that they're thinking of buying a
holiday home in the next 5 years. If that happens, the number of
holiday homes will double.
More and more britons buy, not just as an escape and as a
holiday home, but also as an investment. By buying a
holiday home within reach, they are counting on enjoying their
holiday home, while also making a profit from it. More britons opt to rent their
holiday homes to
holidaymakers, either by using specialised agencies or adopting a more
DIY approach and marketing their
holiday homes on their own on the internet.