“If you have enough capital on hand to start looking at a second home, you’ll need to decide whether you intend to use it as a holiday home or an investment property. While it’s possible to use a property as both, finding one that suits both your holiday lifestyle needs and has the potential to generate maximum returns can be challenging,” says Gerhard Kotzé, CEO of the RealNet property group.
“There are several factors to consider when making your decision, including:
Sometimes, you may be fortunate enough to find a property that serves well as both a holiday home and an investment property. However, as with any property purchase, it’s essential to make a decision underpinned by thorough and careful research.
