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buying a caravan to rent out

  • 03-07-2015 6:30pm
    #1
    Registered Users Posts: 8 ✭✭✭ Graham Greene


    Hi there
    I am considering buying a caravan and parking it in a campsite in Donabate - there are some lovely spots there - with a view to renting it out for profit. I appreciate that lots of people are looking for cheap accom so I thought I might get a tenant.

    My question is, whether after I pay the 70per week for services, I will get a reasonable amount to make it worth my while.

    How much d'you reckon a 6 berth in good nick be worth monthly approx and how likely is it I can get long-stay tenants do you think? Every week it is empty I am losing cash.

    Any ideas if this sounds like a good investment plan or not?

    Thanks


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