second home for investment in kerala
TRANSCRIPT
Availability of the necessary facilities and amenities will be a major
factor.
Tourists wants a homely ambience than comfort of a luxurious hotel.
2.Facilities and amenities
city areas, areas near the railway station and bus terminus are other
few zones that you can consider
You should opt locations that receives major count of tourists.
1.Find the perfect Location
3.Smooth communication
smooth connectivity between the
vacation home and the sites of
tourist interest is of paramount
interest.
Include features like pool, spa,
playing area, outdoor living
arrangements,
4.The property should match the lifestyle that the tourists want
5.The property should have sufficient space
There is a chance that 2 or 3 families in a troop can rent your property.
6.Consider the finance option
Reach out to the banks and other financial service companies and discuss
your finance needs with the officials
7.Your expenses should keep par with your income
You should ensure that your expenses are suiting to your income
8.Get knowledge about the implications of property taxes
Get aware of tax rate structure of
Kerala.It varies b/w residential &
investment properties.
9.Arrange for a reliable caretaker
If you are staying out Kerala,better
arrange a care taker or an agency
to supervise the property.
10.Use the property yourself when there is no booking
spending a few days in your own
vacation house can give you a
feeling of accomplishment.
11.Don’t pamper unrealistic expectations
You should keep the running costs
related to the property within the
extent that you can afford yourself
