Having your own holiday home to return to year after year is something many dream of, especially one that pays for itself – and possibly more on top with rental yields of up to 10%.
The problem facing many people is making sure there are enough bookings to cover your costs at a minimum while you’re not there.
But by choosing Luxury Lodges, you can take some of the worry of funding it away, with their sub-let guarantee meaning you can rest assured that for the first two years you’re covered.
Luxury Lodges is offering buyers up to 10 weeks of personal use for the homes themselves each year, with up to £41,727 from sub-lets for the first two years. The even better news is you get a tax break on your investment too.
Starting from £250,000, the brand new two and three bedroom properties are located in popular tourist spots in Cornwall and West Wales.
The locations
Luxury Lodges has properties available at two locations:
- Dylan Coastal Resort, West Wales – Overlooking the Taf Estuary, this resort contains some of the most exclusive holiday homes available in Wales. Nearby in Pembrokeshire you can find golf courses, wildlife parks, and stunning cycling and walking routes
- Bude Coastal Resort, north Cornwall – Near the seaside town of Bude on Cornwall’s north coast, as well as the stunning coastal lodges you can find some of the UK’s best beaches, surfing locations, independent shops and plenty of places to eat and drink nearby
The properties
Luxury Lodges doesn’t scrimp on its furnishings or fittings.
Standard inclusions include Hypnos beds, along with ensuite bathrooms with freestanding tubs, hot tubs, open plan living spaces and modern, fully equipped kitchens are also standard.
There’s plenty of natural light and patio doors opening onto private terraces and balconies. Dog-friendly options are available too.
Get paid for your holiday home with Luxury Lodges
How it works
Using a typical three-bedroom luxury lodge at Dylan Coastal Resort as an example, Luxury Lodges explains the plan like this:
- Up to £41,727 potential net return a year with 80% rental occupancy
- 30% rental occupancy is enough to cover your annual running costs
- Sublet all year round, with no limitations or use all year for personal enjoyment
- Completely flexible and fully managed sublet service available
- Access to the 5-star spa, state-of-the-art and restaurant on site
The tax break
By letting a furnished property, you can escape some of the taxes normally associated with buy-to-let investments.
You need to make the property available for letting for 30 weeks in the year, and have it let out for 15 of them. These need to be commercial lets, so renting to friends or family at a discounted rate won’t count.
It also needs to be furnished, with enough furniture there for ‘normal occupancy’ and available for guests to use.
If you meet these conditions:
- You can claim capital gains tax reliefs for traders
- You’re entitled to plant and machinery capital allowances for items such as furniture, equipment and fixtures
- The profits count as earnings for pension purposes
Important information
Some of the products promoted are from our affiliate partners from whom we receive compensation. While we aim to feature some of the best products available, we cannot review every product on the market.
