Increase the value of your investment
The purchase of a residential property takes place for different needs, sometimes it responds to a housing need, while others are for an investment purpose.
In this period where inflation is starting to be felt in almost all sectors, investing in real estate and talking about future annuities seems increasingly difficult. However, there are investments that never go out of style.
In this regard, today we want to talk to you about one of the best opportunities, almost a trend, of ways of buying and transforming residential properties. This opportunity is ideal for those who want to move to some areas of our country, where natural attractions are able to create a tourist offer, taking full advantage of the profitability of an accommodation property.
In any case, considerations must be made, on the pros and cons, which occur following the purchase of a property. Some of these are: the timing of the return on investment from the moment you purchase to the moment the structure is operational (have a time plan), purchase and construction costs and the related building and project costs (a fate budget), evaluation of the characteristics of the location such as the calculation of the distance from the coast or from tourist attractions that can guarantee customer traffic.Once you have identified the place of preference, the first step to take will therefore be to find professionals and consultants who can guide you avoiding bureaucratic disputes that can lengthen the implementation times. This phase is of fundamental importance.
What are the motivations of our customers?
Have you ever noticed the tranquility and serenity of the owners of the b & b and their lifestyle?
The concept of Home Hospitality actually arises from the need to move to an area with a better quality of life than another, obtaining a constant future income, you can, for example, wish a change of life and this does not imply that you have to move permanently, just think of a second home where you can enjoy the holidays or spend less intensive periods of work thanks to smart working.
Furthermore, certainly investing in an activity linked to the territory is also an expression and demonstration of attachment to a land or, at the birth of a new passion for it, increasing the tourist offer in terms of services offered, thus generating a future annuity.
What are the steps to follow?
The first aspect to be consolidated is the identification of the right property, based on the Region, small regulatory aspects may change, such as the opening periods. The second step is to enter into the concept that the property will not be used only by the owner, therefore it will be important to have a conscious eye in the redesign of the spaces, in fact they must be functional for welcoming people.
For this reason, I reiterate the importance of relying on consultancy from professionals, including local ones, who know how to read the market of the place chosen for the investment both from a commercial and a technical point of view.
Furthermore, the main difference between residential and commercial activities must be specified, although both can be operational in the reception activity, the b & b has limitations on the maximum number of rooms, in particular, the maximum number of 3 cannot be exceeded. rooms to accommodate customers. On the other hand, the family-run business does not imply the opening of a VAT number and registration in the business register, it is only necessary to classify the b & b at the Tourist Office of the Municipality of residence.
In conclusion…
Surely the investment in a b & b accommodation is one of the strategies that are able to guarantee a good profitability, in step with the tourist markets, on residential properties, moreover, the aspect of the enhancement of the Italian territory is one of the cornerstones of our business, in which we strongly believe, and in which we will not stop working.
