In addition to tourism, the corona pandemic has also changed the real estate market.
Find out here what potential there is in purchasing a holiday property.
Contrary to initial forecasts, the real estate market survived the corona pandemic * almost unscathed. Vacation properties are also seeing a significant increase in demand. The desire for peace, privacy and the possibility of avoiding contacts, as well as the advantages of vacationing in your own four walls, have given the market a clear high. VON POLL IMMOBILIEN experts predict that holiday homes and apartments in classic premium locations will prove to be an even more secure environment for investments in the future.
"
The desire for stable investments as well as the persistent phase of low interest rates favor the holiday property market,
" says Daniel Ritter, managing partner of VON POLL IMMOBILIEN.
“Many properties are paid for in full or in large part with equity and are increasingly preferred as an investment option over stocks.
In addition, the fact that negative interest rates have been charged on savings for some time and the German market is seen as a safe environment also increases the willingness to invest in holiday properties. "
Holiday properties: The trend is towards second and third properties
Southern European countries such as Spain, Greece, Portugal, France, Italy and Austria are still very popular. "The accessibility of the destinations by car is becoming an important argument that takes
into account
the changed behavior of people due to Corona and the
increased ecological awareness
" explains Ritter. "Buyers kill the famous two birds with one stone by purchasing a holiday property: In addition to the joy of having their own second home as a place of retreat, they could also secure a sustainable investment opportunity through rental income."
Another consequence of the pandemic, which is paying off the demand for vacation properties, is the home office trend.
The
possibility of location-independent work
, which is
new
for many people
, is increasingly being implemented in private holiday homes with an additional study.
But of course the prices are based primarily on the square meters in addition to the location.
Therefore, a
change in the current
room
concepts
and the tendency towards smaller rooms is conceivable.
Larger 3-room apartments can be converted into 4-room apartments in favor of a separate study, if the building regulations permit.
Invest in the future with holiday properties
For many, however, the question may still arise whether these tendencies will reverse again after the pandemic has been overcome, when accommodation bans and entry bans will hopefully be a thing of the past. "If we
look at
social and
real estate developments
, this is not likely to be the case," explains Daniel Ritter.
In addition, people's travel behavior will change in the coming years.
“From 2022/23 people will travel more again within Europe, but supply and demand will change significantly, especially with regard to airlines and hotels.
More conscious and sustainable travel with more security and individuality will be more important to people.
At the same time, many are looking for
stable investment opportunities
- the acquisition of one or even several holiday properties is an ideal match for these criteria. "
Is it worth investing in holiday properties?
Holiday properties as a stable investment option: more conscious and sustainable travel with more security and individuality influences the market in a targeted manner. Against the background of increasing demand and the associated price increases, it is advisable to look
around for suitable options today rather than tomorrow
and to get a broker company operating across Europe on board - also to obtain valuable expert advice on site.
* Merkur.de is an offer from IPPEN.MEDIA.