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ON FARM HOLIDAY ACCOMMONDATION

  • 11-01-2016 9:36pm
    #1
    keep going
    Closed Accounts Posts: 3,551 ✭✭✭


    we have a house on the farm built in 02, 2/3bed which we were thinking of renting out long term.but recently we had a disscussion which put us thinking about holiday letting as we have a number of advantages.anyone on here in the business


Comments

  • #2
    Sam Kade
    Registered Users, Registered Users 2 Posts: 12,313 ✭✭✭✭Sam Kade


    Is there plenty for them to do around the area? You need an attraction to draw them and keep them in the area.


  • #3
    afatbollix
    Registered Users, Registered Users 2 Posts: 4,102 ✭✭✭afatbollix


    You could be full in the summer but be empty in the winter. Its about finding a balance between if you rented it long term could you get the same money by renting it for 1/2 the year.

    People also expect perfection when they rent a house. They expect hotel standard of cleanliness so you would have to factor a cleaner into the cost.

    See if there is any air B&Bs in your area and see what any houses in the area go for. I think its tax free up to a point too.


  • #4
    Kovu
    Closed Accounts Posts: 14,241 ✭✭✭✭Kovu


    Yea, have a holiday home right next to the shed (And when I say right next to I mean about 20 foot from it).
    Usually gets rented out to fishermen in the summer or surplus guests for weddings in Lough Rynn.


  • #5
    keep going
    Closed Accounts Posts: 3,551 ✭✭✭keep going


    we have a number of advantages-by the sea,sea views,on the "wild atlantic way" and if we went into the game we would have the nearest acomondation to a very important national monument.we did a little last year just to test the water and found it labour intensive but alot of that was due to the fact that we hadnt done it before so like everything maybe if we were up and running we d have a system and get quicker at it.i could see us doing the pr side ok but the big issue is the time,my wife works and i have a fair bit to do it in the farming line now which is why we looked at long term letting but that has its risks too.


  • #6
    _Brian
    Registered Users, Registered Users 2 Posts: 18,719 ✭✭✭✭_Brian


    It would all come down to the rental income Vs work to have it to holiday let standards..
    For holiday let what would the season be ? 14-16 weeks. But a regular let is 52 weeks. Plus they clean the house themselves, and keep lawns mowed too. With a regular let once you have everything there and in working order you are hands off. I have a house let and could go months without speaking to the tenants. Think I got 18 months without speaking to last tenants at one stage, rent in every month.


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