Budget air routes 'are an important consideration for property investors'
The presence of budget airline routes should be a significant consideration for property investors looking to buy a holiday home, whether for renting out to holidaymakers or business people, an expert has said.
Speaking to Nubricks overseas property news blog, Matt Havercroft, editor of A Place in the Sun magazine, claimed that 'fly-to-let' investors need to take into account factors including the identity of the target rental market, a marketing budget, as well as the presence of budget airline routes in the region.
He added that it is important to have back-up transport methods like ferry, rail and road access, as properties with access to a strong transport infrastructure are likely to remain attractive, Easier Property reports.
"I think budget routes are clearly an important consideration when buying to let abroad, especially if the target market is a British holidaymaker," Mr Haverford stated.
He concluded by saying that it is also "essential" to include a marketing budget in plans for overseas property investment.
Recently the budget airline industry spoke out against calls for green taxes on airlines, with some companies like easyJet claiming that an emissions trading scheme would be more effective.
< Back to latest news