Mulberry Cottages have been doing research into the benefits of buying a self catering holiday cottage by the sea – will it help occupancy levels and achieve higher rental returns? Well the answer is yes but surprisingly by not as much as you might expect particularly in the smaller properties.
From the research undertaken, for luxury large holiday properties (4 and 5 star) sleeping 10 or more there is a marked increase in the maximum rental levels that can be achieved for properties by the sea. The ability of the large properties sleeping 10 or more to command higher rentals is likely to be due in part to lack of supply.
However for standard holiday cottages the average rental differential between holiday cottages by the sea and in a country location, is only a 10% increase