The 10 most profitable places to own a holiday home in the UK YOU Magazine

The 10 most profitable places to own a holiday home in the UK YOU Magazine

The 10 most profitable places to own a holiday home in the UK - YOU Magazine Fashion Beauty Celebrity Health Life Relationships Horoscopes Food Interiors Travel Sign in Welcome!Log into your account Forgot your password? Password recovery Recover your password Search Sign in Welcome! Log into your account Forgot your password? Get help Password recovery Recover your password A password will be e-mailed to you. YOU Magazine Fashion Beauty Celebrity Health Life Relationships Horoscopes Food Interiors Travel Home Travel The 10 most profitable places to own a holiday home in the UK By You Magazine - July 19, 2018 Owning a holiday home is not only great for when you want to escape to a home away from home. It can also be a wise, and very profitable financial move, if you pick the right destination – and now the results of a new research project have been released to help you do just that. Getty Images Personal loan provider Hitachi Personal Finance have revealed a list of the most profitable destinations to own a holiday home in the UK. They began their research by asking 1,000 British adults where in the world they’d invest in property – and surprisingly, all of the destinations in the top five turned out to be in the UK, beating otherwise popular international destinations such as Sydney, St. Lucia and Paphos in Cyprus. In fact, the researchers found that almost one in ten Brits would choose to own a holiday rental here in the UK. When it came to the most profitable prospective destination, participants guessed Sydney, Paris, St Lucia and Dubai – but none of these ended up in the top ten. Instead Santorini, Greece was found to be the place where owners would actually earn the most out of the list of 30 cities for holiday homes, while the UK – Bath in particular – came in third. Getty Images Recent Visit Britain statistics show that holidays in England brought in roughly £11bn from travel-related spends in 2017 – and Hitachi’s results show that the top ten locations in the UK that made the most revenue in the previous month are: 1. Bath £2,221 2. Oxford £2,066 3. Brighton and Hove £2,061 4. London £1,951 5. Cambridge £1,847 6. Edinburgh £1,844 7. York £1,835 8. Inverness £1,778 9. Windsor £1,729 10. Bristol £1,509 As for why UK holiday homes are experiencing such high demand? ‘A holiday home can seem like an attractive investment, but with global markets seeing their fair share of turbulence recently, it can be hard to identify where is best to invest in, which could explain the surge in popularity of UK holiday lets and staycations,’ says Vincent Reboul, Hitachi’s Managing Director. So there you have it. If you’re going to invest in a holiday home, keep Bath, Oxford and Brighton on your radar…. RELATED ARTICLESMORE FROM AUTHOR Hotel review Wyndham Residences Costa Adeje National Trust is giving away free tickets this autumn Hotel review Una St Ives Cornwall DON' T MISS Fiona Bruce Sometimes I struggle not to cry November 14, 2021 17 beautiful 2021 diaries to help you to look forward to December 4, 2020 Why women leave men for women What’ s fuelling the rise of April 28, 2019 Hollywood veteran Laura Linney on plastic surgery friendship and her stellar July 3, 2017 You can shop the khaki jumpsuit from Holly Willoughby’ s new M& S July 17, 2019 The secrets and lies behind this happy family photo April 11, 2021 It’ s cocktail hour Olly Smith’ s cocktail recipes and Eleanor Maidment s canapé November 14, 2021 BBC One has revealed its Christmas TV schedule and there’ s lots December 2, 2020 YOU Beauty Box August Reviews August 1, 2017 Rome has been named the cheapest major city to visit in August 7, 2019 Popular CategoriesFood2704Life2496Fashion2240Beauty1738Celebrity1261Interiors684 Sign up for YOUMail Thanks for subscribing Please check your email to confirm (If you don't see the email, check the spam box) Fashion Beauty Celebrity Life Food Privacy & Cookies T&C Copyright 2022 - YOU Magazine. All Rights Reserved
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