'Safest' destinations for holiday lettings revealed

Wednesday, December 14, 2011

'Safest' destinations for holiday lettings revealed

Holidaylettings.co.uk has announced research which reveals that 25 per cent of those surveyed by the company would consider investing in a holiday home in order to supplement their income.

And with the news that its members made an estimated £540m this year, many others may be looking to do the same.

With this in mind the company has also highlighted what it considers to be the 'safest' areas for investment, namely those areas in which demand outstrips supply. Top of this list was Playa d'en Bossa in Ibiza which was followed by the Dutch city of Amsterdam and Playa de las Americas and Playa Del Ingles, both in the Canary Islands. Two destinations in Malta - Saint Julian's and St Paul's Bay - also made the list, as did another Ibizan destination - San Antonio.

The company also wants to encourage potential overseas property hunters to look to Sri Lanka as a positive area for investment, noting the fact that demand for property in Sri Lanka had risen rapidly in the last year. The country was showing a 67 per cent uplift, and has also been included in the SLIMMA list of nations (also Indonesia, Malaysia, Mexico and Argentina) that were highlighted for their predicted potential in 2012 at the World Travel Market 2011.

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