Are you planning to buy a vacation home to rent?Then consider these factors before buying the property.Checkout : http://www.hilifebuilders.in/blog/buying-vacation-home-rent-kerala/
3. Find the right location
The home must be closer to city
Kerala, Kovalam, Kochi, Alappey
and Munar are kerala vacation
places
Facilities &Amenities
The renters are looking for a
home
They don't want a hotel
room atmosphere
4. Easy
communication
Enough space for
family
Matching the
lifestyle
Swimming pool,
gaming area, place
to barbeque etc.
should be there
Home should be
closer to the
tourism spots
There should be
enough number
of rooms
5. You can try mortgage
Spend according to your income
Mortgage any of your existing properties &get money
easily.
Investment should be as per your income
Consider the Return of Investment and then only
proceed towards the payment.
6. Understand the Tax Implications
Use it when there is no demand
Understand the tax implications of Kerala
vacation home will be in demand only during the vacation
seasons
No need to pay huge taxes and getting small rent for that.