Thinking of selling your holiday home or investment property?

The purpose of an investment property is to get a return on investment; for some that may come through the generating of ongoing income through rent, but for others a sale for a good profit after a few years.

Often an owner might want to sell their holiday home or investment property to free up finance or there's been a decrease in the value of the property.

Investment properties or holidays homes that are perhaps getting older and need repairs, or are located in areas that are decreasing in value, could start costing their owners more money than they are earning them, making a sale seem like a good option.

Often a decision to sell can be driven by an unexpected offer that exceeds the value you may have expected. If you have been offered a price for your property way above what you expected or even thought it deserved, it’s important to get an independent appraisal of your property to ensure that the offer actually makes sense.

For many, investment properties or holiday homes are purchased at a time when finances are comfortable. However, circumstances can change quickly and a sale may become necessary.

Selling assets like investment property or holiday home is a great way to put some much needed cash back in your pocket - with a profit.

Information courtesy: Openagent

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