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The summer is over and although we are getting more off peak bookings this year than before, from October onwards the holiday rental market quietens right down and your property may be empty. If you will be locking up your property for the winter, make sure it is secure and ready for colder, wetter weather. If not, then you need to think how you can keep it full for the winter months, as well as during the summer.
This time of year is the perfect time for planning and preparations and here are three important questions you should ask yourself to make sure you’re ready for the winter season.
- Do I want to let my property sit empty?
This is obviously an important consideration, as an empty property isn’t generating any income, and can become damp. If the answer is no, then you have two viable options, one is to decide to come and use it more yourself over the winter months, or invite friends and family to use it for an off-peak holiday and the other is to look for a long-term rental. Demand is growing for long-term rental properties and supply is low, so this is an excellent option to generate income steadily throughout the year and never have your property empty. Of course you don’t earn as much per week with long-term rentals, but it is low stress, secure and over the year you could earn more because you don’t have months where you’re not earning. Here are five reasons to rent long term
- Could I get off-peak holiday rentals?
Not all properties are suitable for off-peak rentals, but if you have a cozy property with an open fire (or good heating) and a location which appeals to the winter tourists, then there is potential. For example, if you are on a golf course, then golfers are an excellent off peak target, or if you are close to some lovely hiking or mountain biking routes then this can also be a good draw. Talk to your property management company about how you can make your property appeal to these off-peak bookings and realistically how many rentals over the autumn and winter you can expect, so you can make a decision. We’ve put together some tips on attracting more off-peak bookings on our blog to help you prepare.
- Can I maintain my property over the winter or do I need some help?
Even though our winters here on the Costa del Sol are mild, they do take their toll on properties, as most were built for the summer and not for the colder months of the year. The properties were made to keep the heat out and this means they get very cold and often damp if they are not properly ventilated and heated. High winds and rain can also be a problem, causing damage and letting the water in and although this is no big deal if dealt with quickly it can cause big problems if you leave it for months. If you aren’t in Spain over the winter, we recommend having someone on the ground who can check your property regularly, air and heat it and keep any problems at bay. We’ve also put together 10 tips for maintaining your property in the winter to help you get prepared.
We are here to help with professional property management and maintenance services to support home owners whether the property is sat empty, or has rentals. If you want to rent out your property our long-term rental department can guide you through the process and make it easy for you, and our holiday rental team will work to get you as many bookings as possible throughout the year. Browse our website to find out what we can do, or request a quote.