Holiday Home Lifestyle Decision
Monday, December 7, 2009 by admin
Astaga.com lifestyle on the net The decision to purchase a holiday home in South Africa for personal enjoyment and investment was covered extensively from a purely investment viewpoint in my last article. If you missed it and would like a copy, please contract info@staysa.co.za and request a copy. In this article I will cover a similar decision but will base the content on factors to consider from a lifestyle viewpoint.
ngobrol seputar bisnis online As mentioned before, I am often asked by South African holiday home owners and those perhaps seeking to purchase a holiday house or apartment in South Africa, if this is firstly a good investment and secondly if they will be able to at least partially off set the costs by renting this to paying tenants or guests. The answer to this was a resounding yes to the first part of the question and a conservative maybe, to the second part, particularly consideration to the current recession and the purchasing opportunities that abound right now.
Once you have researched and considered all the investment, financial and risk related issues, where and what do you buy and how would you go about it. Starting with my first tip, where do you buy.
ngobrol seputar bisnis online As mentioned before, I am often asked by South African holiday home owners and those perhaps seeking to purchase a holiday house or apartment in South Africa, if this is firstly a good investment and secondly if they will be able to at least partially off set the costs by renting this to paying tenants or guests. The answer to this was a resounding yes to the first part of the question and a conservative maybe, to the second part, particularly consideration to the current recession and the purchasing opportunities that abound right now.
Once you have researched and considered all the investment, financial and risk related issues, where and what do you buy and how would you go about it. Starting with my first tip, where do you buy.
The first consideration is logistics, if you live in Durban and are looking for a holiday weekend get away in South Africa, the West Coast near Cape Town, perhaps Paternoster, would clearly be a poor decision. If you are fortunate enough to have your permanent home on or near the coast, try and purchase your holiday home within an hour or two’s drive for that weekend getaway. In an ideal world, you could knock off work a little early, say at 4 pm and still get there in time to light a fire before dark. This situation is perfect, there is a direct correlation between the amount of time in a year that you enjoy your holiday home and the logistical difficulties, call them hassles, involved in getting you and your family there.
A more difficult scenario is you live inland, perhaps in Gauteng, all distances are difficult, you already have a getaway or perhaps some holiday club points in Dullstroom or a game reserve location nearby and you are looking along the coast. But they’re all far, I hear you say. Yes, forget the weekend getaway unless you have the funds to fly back and forth and leave a small car on site. The only reasonably located coastal destination for you is the often crowded Kwazulu-Natal coast, the next step, the Eastern Cape Coast, with most destinations still reachable in a day and then the longer stretch to the Garden Route or Western Cape. You have no choice but to take the logistical punishment if this is what you want.
A more difficult scenario is you live inland, perhaps in Gauteng, all distances are difficult, you already have a getaway or perhaps some holiday club points in Dullstroom or a game reserve location nearby and you are looking along the coast. But they’re all far, I hear you say. Yes, forget the weekend getaway unless you have the funds to fly back and forth and leave a small car on site. The only reasonably located coastal destination for you is the often crowded Kwazulu-Natal coast, the next step, the Eastern Cape Coast, with most destinations still reachable in a day and then the longer stretch to the Garden Route or Western Cape. You have no choice but to take the logistical punishment if this is what you want.
Post a Comment