Great start to 2018 for tourism

Great start to 2018 for tourism

There was a big jump in visitors to Spain in the first two months of the year, with a 5.9% increase on the passengers arriving by plane in 2017. Overall, there were nearly 10 million passengers coming from international destinations in just two months and there was a big increase in passengers arriving via low cost airlines. Most passengers came from the UK, followed by Germany. On the Costa del Sol, there was a 7.8% increase in passenger numbers in January compared to the same month last year and a 5.4% increase in February.

If you are renting out your property, this increase in visitors in the quieter months is great news. The ideal situation is try to stretch out the rental period and have more consistent bookings throughout the year. It’s better for the property to not sit empty and of course it is better for your bank balance too.

However, off peak visitors want and need different things than the traditional holiday maker, so if you want to appeal to them, you need to prepare your property a little differently and also market it in a different way.

The key things to think about are –

  • Is your property warm enough or can you make it more comfortable for them in some way?
  • Is your area good for off peak activities such as golf, hiking and cycling? Is it within easy access of the Sierra Nevada ski resort for a day’s skiing?
  • How does your development feel in the winter? If there are plenty of year round residents that’s perfect, but if it turns into a ghost town over the winter, then this won’t be good for visitors.
  • Do you have any facilities on your development which work well in the cooler months e.g. a heated pool, sauna, gym or tennis courts?

If you have answered all these questions and think your property could be good for an off peak rental then please get in touch with us and find out how we can market your property to extend your rental season. Read our five tips for making your property appeal to off peak visitors on our blog which will help you to cater to them better.

What makes a good off peak rental, is also a good long term rental, so if you want steady year round income, this is something you should consider. The long term rental market is much less competitive than the holiday rental market and we have more demand than supply of good long term rentals. Our dedicated long term rental division can take care of everything for you and make sure the tenants are paying their rent and looking after the property well. It’s an excellent option if you don’t use your property much.

We hope that 2018 is a great year for you and that your property generates a good income for you and is the perfect home from home. Our property management and maintenance experts can help you make renting out your property easy. Contact us today for a quote.

Spain becomes the world’s second most popular tourist destination

 

Spain becomes the worlds second most popular tourist destination

Great news for anyone involved with the Spanish tourism industry came out from the UN World Tourism Organization last month. It revealed that international tourist arrivals grew by 7% in 2017 and that they expected it to grow by a further 4 or 5% this year. If these predictions are proved correct, Spain will overtake the US as the second most popular tourist destination and bring in even more income for the people working in tourism.

For property owners looking to generate rental income from their properties, this tourist growth will obviously lead to more bookings, especially as experts are predicting that rental homes are going to be more in demand this year. There is a travel trend for people who want to experience the destination like a local and therefore are choosing holiday rentals rather than hotels. This, combined with limited hotel beds during peak season, leaves us in no doubt that 2018 will be a great year for people with short term rental properties. Find out how we can help you generate more rental income

Another thing that is on the up is interest in moving to Spain, which is fuelling demand for long-term rental properties. One surprising side effect of the Brexit uncertainty is that more retired people are trying to make the move now, as they are concerned that once Brexit has been implemented it may be hard. Companies who help people to move abroad within Europe have reported big increases in enquiries and people moving, and expect this to continue this year while it is still easy to relocate.

Companies who offer long-term rentals on the Costa del Sol like our company HomeRentalontheWeb report growing demand and limited supply and are looking for quality properties to add to their books.

We are struggling to find the right long-term rental properties in popular areas and the lack of properties is definitely pushing prices up. Long-term rental is a very good option for anyone who has a property in the Costa del Sol which they rarely use, as it is stable and a great way to secure rental income all year round. In many cases, you can earn more with long-term rentals when you look at the whole year, as the income is steady. We’d definitely recommend that owners consider the option of renting long-term, as it will be very easy for us to find them tenants.

Find out more about our long-term rental packages or contact our helpful team to discuss your options and make sure you generate as much income as possible from your property this year.

2017 Holiday Habits

2017 Holiday Habits

Last month we posted about the 2018 travel trends we expect to see this year, to help you to tap into these new trends and earn more rental income. To help you further, we wanted to share the ABTA findings on how UK holiday makers behaved last year, to drill down into what’s popular and where they feel the growth areas are. The more you understand what holiday makers want, the better you can cater to their needs and market your property better. Here are the highlights –

People took more holidays and plan to spend more

The great news is that, despite uncertainty and concern about global events, UK holiday makers took more holidays in 2017 than any time since 2011, a total of 87% of the participants taking a holiday last year and 57% taking a holiday abroad. In 2018, many are planning to spend more on their annual getaway. Western Europe, in particular Spain, was very popular and is expected to be a very strong destination in 2018 as well, with 62% planning to spend their holiday in Europe.

Popular Holiday Types

There was an increase in people taking beach holidays in 2017, going up from 38% in 2016 to 41% in 2017. 9% of people rented a private holiday home, 9% went on holiday to see a music event and 7% took an activity holiday and all these areas are expected to grow further in 2018. Given our great selection of holiday rentals, the amazing activities to enjoy on the Costa del Sol and the fantastic concerts and music festivals here, these trends should benefit owners of holiday rentals on the Costa del Sol. When asked about their plans for 2018, 47% of the participants of the ABTA survey plan to take a beach holiday this year, so as ever our beautiful beaches will be a big selling point.

How are people booking?

Most people are booking their holidays online, and this increased in 2017, to a whopping 83%. So it’s very important that your holiday rental has a strong online presence with a secure and easy to use online booking facility. If you are considering property management and rentals with HomeCareontheWeb, you will benefit from the strong web presence and secure booking system on our site HolidayRentalontheWeb.com. You will also be promoted via the network of 11 language websites of our partners Novasol and their travel agent network, to reach the maximum number of people and achieve the most bookings on and offline.

What will people spend in 2018?

ABTA’s survey revealed that people are planning to spend more on their holiday this year – 31% of the participants. Millennials are most likely to spend more – 39% of those aged 25-34 and 34% of 18-24 year olds say they expect to spend more on a holiday next year.

If you want to rent out your property to take advantage of the appetite for European holidays, now is the time to do it. Getting a reliable and experienced property management company such as HomeCareontheWeb on board, preparing your property for rentals and marketing for spring and summer starts now. We are looking for villas with pools and centrally located apartments and penthouses all along the Costa del Sol, so please contact us to discuss how it works and let us start marketing your property. To read the full ABTA report click here.

Happy Holidays!

On behalf of all of our team, we wish you a very Happy Holidays, and health and happiness in 2018! We hope you have a wonderful time, wherever you are spending the holidays, and that you can be with friends, family and loved ones.

At this special time of year we always like to give back to those less fortunate than ourselves, so we’re helping the homeless on the Costa del Sol. We collaborate with a local homeless charity and contribute savoury and sweet pies to their Christmas meal and presents so that everyone can get a little something this year. All our generous staff are making donations to this cause, and the company is doubling what they raise so we can help as many people as possible.

At the office, we are collecting warm coats, blankets, scarves and rucksacks, to give to the homeless. So if you have anything in the house which you don’t use anymore, please drop them in to the office and we’ll make sure they get to people in need. Where to find us

Christmas Opening Times

It has been a very busy year for our property management and property rentals team and we continue our hard work throughout the festive season. We will be closed on Monday 25th and Tuesday 26th of December and the 1st of January, but open as normal throughout the rest of the holidays.

Please let us know if we can help you with property management or renting out your property in 2018, or browse our great holiday rental properties and start planning your next holiday. We look forward to hearing from you!

Travel trends for 2018 and how Spain will be effected

Travel trends for 2018 and how Spain will be effected

2017 was another bumper year for Spain and travel insiders have said that early bookings for next year are already higher than normal. This year’s limited availability in peak times is definitely pushing travellers to book early for the best accommodation and flights.

We are now looking ahead to 2018 and were very interested in the predictions from Booking.com on how travellers will behave next year. Read on for how these trends will effect Spain and people renting out their properties here on the Costa del Sol.

Nostalgic Trips

One of the travel predictions for 2018 is that more people will want to revisit their favourite childhood holiday spots to remember the best of their family holidays. “Travellers say that former family holidays recall the fondest memories, even more so than childhood sweethearts or family pets. Millennials look set to be even more sentimental with 44% of 18 to 34 year olds keen to hark back to favourite family destinations.” This is great news for Spain’s Costas, as many of us had our first foreign holiday here and look back fondly on the sandy beaches, food and sangria!

Walking & Wellness

Wellness breaks are a growing trend and research shows that almost one in five people are planning to take health and wellbeing trips in 2018. Walking holidays, cycling and water sports are particularly popular active holidays.

We’re thrilled about this prediction, as the Costa del Sol is a fabulous place for hiking outside the hottest summer months. Amazing walks in the area include hikes in the Mijas hills, climbing the iconic La Concha and walking the Caminito del Rey. It is also growing in popularity with cyclists, with quality equipment hire and excellent routes, plus of course our great year round weather and this is a segment which is definitely set to grow. If you have a property within easy access of any of these great hikes or cycle routes, or have trails from your door, make sure you advertise this, as it can help you obtain some excellent off peak rentals.

Water sports is a classic draw of the Costa del Sol and there are many options to choose from. As this is still an attractive aspect of a holiday in Spain, make sure that you help guests by sharing good companies and providers, so they know that they can SUP or go sea kayaking easily from your holiday rental.

Group Get-Aways

25% of people surveyed plan to do a group holiday in 2018, up from 21% in 2017. Friends are choosing to go away together to improve the holiday experience, but also to make luxury accommodation affordable. This is a trend that owners of luxury villas on the Costa del Sol can definitely tap into. If you can sleep six or more people and have some lovely extras such as a private pool, outside bar and BBQ area, or lovely communal spaces, then this market could be excellent for you.

Live like a local

The study reveals that “in 2018, rental homes are going to be particularly popular” as “One in three travellers (33%) say they’d prefer to stay in a holiday rental (a holiday home or apartment) over a hotel”. This is obviously great news for our holiday rental business and anyone looking to rent out their property in 2018! As they want to live like a local, it’s important to share recommendations and insider knowledge to help them easily embrace everything the area has to offer.

These predictions are great news for Spain and the Costas in particular, and early bookings and continued instability in other parts of the world lead us to predict another excellent year for holiday rentals on the Costa del Sol. If you haven’t rented out your property before, or you would like to achieve more bookings, please speak to us. We have over a decade of experience with property management, maintenance and rentals and can help you to earn rental income, while minimising stress.

Find out more about next year’s travel trends by reading the full article here

How to get more rental bookings

Did you get the bookings you hoped this year? If not speak to us! 2017 was the best year yet for our property management and rental clients, with more bookings than ever. Check out our summer in numbers

September has been another excellent month with 1,975.850 passengers coming through Malaga airport, an 11% increase on previous years and a warm October has kept tourists thinking about the destination as an Autumn and Winter hot spot too!

Some of our owners now receive an average of 30 weeks per year, well above the traditional peak season of June, July and August. So if you weren’t happy with the number of bookings this summer or found it difficult to manage them, please contact us to find out how we can help you.

Here is some advice for extending your season and attracting off peak and Christmas rentals –

  • Think why your area is good for off peak visits and show that in your marketing. Are you close to golf courses? Do you have great hiking routes nearby? Is there a nice Christmas market or Christmas events taking place in walking distance? All these things are selling points for the off peak traveller.
  • Show that your property works in the winter as well – If you have an open fire, underfloor heating, or central heating, make sure you highlight that when marketing off peak. You want your guests to know that they can enjoy beautiful sunshine and activities in the winter and also snuggle up and be cozy and warm in the evenings, or on a cloudy day.
  • Think about guest’s needs off peak – Make sure the property delivers over the cooler months with warmer bedding, a few rugs and some candles to make it really great in all weathers. Leave a few umbrellas by the door just in case it rains and leave recommendations for good winter restaurants and bars too.
  • Set it up for the holidays – If you want to encourage bookings over the holiday period, take some pictures of the house all decorated and show that it will be decorated on request in December and over the Christmas week, so they can imagine themselves celebrating away from home. If you get any enquiries over this period, help them to imagine spending the holidays in your property and they will be more likely to book.

For more great tips like this, download our free guide – The Secrets of Successful Rentals, where our property management and rental experts offer you brilliant advice on pitfalls, protecting against risk and the information you need about long term and holiday rentals.

Our team at HomeCareontheWeb have over a decade of experience on the Costa del Sol and we know all the secrets of successful rentals. As well as marketing your property to boost rentals, we can deal with any problems and maximise every opportunity, so trust in us to take care of your property while generating you income.

Find out more about our property management and maintenance services on our website: www.HomeCareontheWeb.com or contact us: info@homecareontheweb.com · Tel: +34 952 83 95 95

Are you and your property ready for the winter?

Are you and your property ready for the winter?

The summer is over and although we are getting more off peak bookings this year than before, from October onwards the holiday rental market quietens right down and your property may be empty. If you will be locking up your property for the winter, make sure it is secure and ready for colder, wetter weather. If not, then you need to think how you can keep it full for the winter months, as well as during the summer.

This time of year is the perfect time for planning and preparations and here are three important questions you should ask yourself to make sure you’re ready for the winter season.

  1. Do I want to let my property sit empty?

This is obviously an important consideration, as an empty property isn’t generating any income, and can become damp. If the answer is no, then you have two viable options, one is to decide to come and use it more yourself over the winter months, or invite friends and family to use it for an off-peak holiday and the other is to look for a long-term rental. Demand is growing for long-term rental properties and supply is low, so this is an excellent option to generate income steadily throughout the year and never have your property empty. Of course you don’t earn as much per week with long-term rentals, but it is low stress, secure and over the year you could earn more because you don’t have months where you’re not earning. Here are five reasons to rent long term

  1. Could I get off-peak holiday rentals?

Not all properties are suitable for off-peak rentals, but if you have a cozy property with an open fire (or good heating) and a location which appeals to the winter tourists, then there is potential. For example, if you are on a golf course, then golfers are an excellent off peak target, or if you are close to some lovely hiking or mountain biking routes then this can also be a good draw. Talk to your property management company about how you can make your property appeal to these off-peak bookings and realistically how many rentals over the autumn and winter you can expect, so you can make a decision. We’ve put together some tips on attracting more off-peak bookings on our blog to help you prepare.

  1. Can I maintain my property over the winter or do I need some help?

Even though our winters here on the Costa del Sol are mild, they do take their toll on properties, as most were built for the summer and not for the colder months of the year. The properties were made to keep the heat out and this means they get very cold and often damp if they are not properly ventilated and heated. High winds and rain can also be a problem, causing damage and letting the water in and although this is no big deal if dealt with quickly it can cause big problems if you leave it for months. If you aren’t in Spain over the winter, we recommend having someone on the ground who can check your property regularly, air and heat it and keep any problems at bay. We’ve also put together 10 tips for maintaining your property in the winter to help you get prepared.

We are here to help with professional property management and maintenance services to support home owners whether the property is sat empty, or has rentals. If you want to rent out your property our long-term rental department can guide you through the process and make it easy for you, and our holiday rental team will work to get you as many bookings as possible throughout the year. Browse our website to find out what we can do, or request a quote.

Looking back on a fantastic summer

Looking back on a fantastic summer

It’s September, the weather is cooling down, the crowds are heading home and we’re reflecting on a great summer. 2017 was the best year yet for our property management and rental clients with more bookings than ever.

Here’s our summer in numbers –

  • We managed 3379 bookings
  • Checked in over 14,000 guests
  • Carried out more than 4,000 cleans

And we still have much more to come!

The Costa del Sol is a great year round destination and we’re seeing the an extension to the traditional high season, with more people choosing to visit in September and October when the weather is great but prices for flights and accommodation come down. There is also more interest in Christmas bookings, as people look to experience a different Christmas away from home, where a walk on the beach after your Christmas lunch is a reality.

We have over 1,000 more bookings for the rest of the year so far, and we expect to see more bookings coming in for some autumn and winter sunshine.

Are you renting out your property? Did you get as many bookings as you hoped? If you weren’t happy with the numbers of bookings, or found it hard to manage arrivals, departures and deal with problems during your guests’ stay, please contact us and find out how we can help you.

HomeCareontheWeb are property managers with over a decade of experience on the Costa del Sol and we know all the secrets of successful rentals. We have a large team on the ground looking after properties, as well as marketing experts promoting the properties to boost rentals. We can deal with any problem and maximise every opportunity, so trust in us to take care of your property while generating you income. Find out more about our property management and maintenance services on our website, or contact us for a quote.

Rental returns for Costa del Sol properties

Rental returns for Costa del Sol properties

Spain is a very popular destination for expats to buy investment properties, second homes, or as a place to retire, with 35% of buyers considering buying in Spain according to an article in The Telegraph. In the same report, it states that these properties can be an excellent source of income due its popularity as a holiday destination and growing interest in holiday rental properties.

The Costa del Sol, has a thriving rental market, with high rental yields for both long term and short term lets. As we reported in our last blog, long-term rentals can be an excellent choice for landlords, as a stable, secure and stress free way to generate income from your property.

A new study has shown that long-term rentals in coastal areas, particularly on the first or second line of the beach offer 5.67% rental yields – up from 5.37% in 2016 and well above the 4.3% national average. The main reason for this increase in prices is lack of supply, as property owners in these prime beachfront properties choose short-term holiday lets over long-term rentals, yet demand continues to increase. Read the full article

Property owners can get seduced by the higher per week revenue from a holiday rental, without looking at the annual yields. Typically, a property would rent short term in peak summer and Easter for the same for one week, as one month for a long term, but properties are often empty when renting out short term.

Occupancy depends on the quality of the property, the area and the marketing, but regular rentals are normally only seen in Easter and from June to the end of August, so even at full capacity over those months you would only be looking at 13 weeks of rentals. Of course, it is rare to be fully booked every week, so usually you would count on perhaps 10 weeks per year.

With long-term rentals, demand is high and people stay in a property for many years if they are happy and well looked after, marketing is easier and so the annual return is often higher and the costs of management are lower. Owners who are renting long-term also do not have to worry about the new holiday rental legislation, so it’s an easier process all round.

Long-term rentals is not for everyone, as if you want to use the property in the low season, then holiday rentals is a better option. However, if you have your property as an investment it is a very appealing option to consider.

Please contact us and we can evaluate your property and estimate the rental yields from short and long-term rentals and help you decide the best course of action for you. We have also created two free guides – Secrets of Successful Rentals and Home Owners Tips for Long Term Rentals which you can download and will help you to make up your mind.

As Costa del Sol Property Management experts, we also manage the property, market it and handle all the tenants and any issues they may have, so you can just relax, knowing it is in safe hands.

Consider renting your property long term

As experts in property management on the Costa del Sol, we look after our owners’ properties whilst they are away and help them to capitalise on rental income by attracting holiday rentals and long term rentals. We market the properties through two dedicated website HolidyRentalontheWeb and HomeRentalontheWeb, through social media, partnerships with companies such as Novasol and traditional marketing and advertising.

Over the last year, we’ve been helping owners deal with the new holiday rental legislation and are now registering their properties with the police station and ensuring that they register all visitors’ passport details when they arrive. During this process, we have been speaking to a lot of owners about considering renting their property long term, as it is much easier to find tenants and there is less ongoing management of them.

Why rent long term?

Here are 5 great reasons to rent your property long term –

  1. There is a major lack of supply of quality long term rentals properties on the Costa del Sol and we’re seeing demand increasing all the time, which is pushing prices up.
  2. Renting your property long term offers you more security, as you get a regular income stream throughout the year, straight into your bank account.
  3. It’s much less hassle as you’re not having to provide cleaning, welcoming guests, worrying about keys etc, there’s just the initial set up of the contract and the occasional maintenance issue to fix, but mainly you can just sit back and watch the rental income coming in.
  4. Long-term rentals are a good option for people who rarely use their property themselves and have it sitting empty most of the time.
  5. We can take any stress out of the process of renting your property long term!

We can help you set-up your property for rentals, offer legal support such as checking references, preparing contracts, changing services etc., or offer an all-inclusive rentals management service package, where we just take care of it all. Find out more about our long term rental packages on our website.

Please consider long term rentals as a profitable and straightforward option, but if you love to use your property then holiday rentals may be better for you. Feel free to contact us to discuss all the options, what sector your property would appeal to and how much you could earn. Contact us today if you’d like to start renting out your property, either short or long term.