Demand for self-catering holiday homes listed with holidaylettings.co.uk has increased by 20 per cent this sumer compared to the corresponding period last year, according to the latest report released by the UK-based holiday home website.
The latest consumer trend analyses shows that there has been a surge in demand for last minute bookings reflecting the heightened consumer spending awareness in tough economic times.
The greatest increase in rental demand for holiday homes was for property in Malta, followed by property in Morocco. Rental homes in Ireland and homes in Holland have also witnessed a spike in demand.
However, it is the more traditional summer holiday destinations that continue to be the most popular destinations, in terms of volume of enquiries. Property in Spain remains the most popular place to rent a home overseas, followed by property in France, property in Portugal and property in Italy.
Ross Elder, managing director of holidaylettings.co.uk, says: “Second homeowners savvy to the appeal of their home to paying guests will do particularly well in these destinations this summer. Short haul sunshine is in high demand alongside value for money accommodation and last minute availability; homeowners who successfully articulate the unique selling points of their home and the inherent value will reap the most significant rewards.”