Holiday homes can be a questionable property investment
Holiday homes offer the promise of escapism and desirable locations but the reality from a property investment perspective is not always so rosy.
Holiday homes may seem like fun and games but their foundations as an investment are not always solid. (Image source: Shutterstock.com)
As many Australians feel the pinch approaching the holiday season, lifestyle properties such as serviced apartments and holiday homes are hitting the market.
While holiday units and lifestyle properties can offer lucrative yields and a dream lifestyle, they can also be a costly investment.
As an investment strategy, they can provide short- and long-term rental income when not occupied by the owner but it is also common for holiday unit investme…
