Posted on December 13, 2010.
How return on renting a luxury holiday home in Cornwall? I'm thinking of buying a holiday home in Cornwall luxury set on a wooded estate. The goal is to live there for about 3 months per year and the rent for the remainder of the year. What kind of percentage return on my investment would be deemed "good"?
You will find that the ground rent, maintenance and cleaning costs are a lot of rental income received.
Christ no wonder we are out of local market prices ....
Talk to a local agent. I am sure that large and wealthy countries will be lining up for rent.