the smarter way to buy a new home

Forget hotels and rent a home overseas instead, says HouseTrip

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4 November 2009

Tourists traveling overseas should consider renting a property abroad rather than stay in a hotel, according to the head of HouseTrip.com.

Arnaud Bertrand, director, HouseTrip.com, the newly launched property rental site, says that “no hotels” can beat the cost-effective nature of renting a holiday home on a short-term lease.

When renting a holiday home people “get much more [for their money] than [staying] in a hotel: more space, more amenities, a kitchen and a host that really cares about your stay,” says Bertrand.

Bertrand urges more homeowners worldwide to consider renting their properties out on a short-tem lease, as opposed to a long-lease.

Bertrand adds: “There are two main reasons why landlords should opt for short-term lets over long-term leases.

“Firstly, they [landlords] earn more money. On a typical flat that would rent out for £400 a week long-term, landlords could easily get £800 weekly short-term.

“Secondly, a short-term holiday home letting is flexible and has less legal constraints: for instance, should the homeowner need to sell the property from one day to another, they could easily do so because they don’t have any long-term binding agreement with a tenant.”

Although properties in London are currently attracting strong short-term rental demand, HouseTrip.com reports that French properties, particularly homes in Paris, and properties in Berlin, Germany, are also attracting strong rental demand.

“In Europe, traditional year-round destinations like Paris and Berlin are also very popular. Otherwise, countryside rentals are always popular but it is obviously more seasonal,” concludes Bertrand.

Ask the editor
If you are thinking of renting a holiday home overseas - tell us in which country and what information you would require.

See Also:   (4), (39), (2), (1), (269), (1), (1)

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