There are many people who do not like to have money in the bank and prefer to invest in “brick”, as real estate is commonly known. Nowadays due to the boom in the real estate market, homeowners can get profitability from their houses in different ways.
Buy an old or old property, reform and sell to move into for a profit. A good reform can revalue the property around 20%. A good face wash of the house, painting all the walls, fixing the floor, remodeling the kitchen and bathrooms, will make the house revalue quickly and can be put up for sale once the reform is finished, with the hook of being a housing that is to enter to live from the first moment.
Renting is another option, there are several possibilities when renting, being able to choose the one that most interests you depending on the use you want to give to the home, residential renting, is a good option in large cities, where income from rent compensate. It can be rented with or without furniture, if it is rented with furniture an inventory must be made that will be added to the rental agreement. It is important that the furniture is attractive to the eye, so it will be easier and faster to rent the house.
Holiday or tourist rental is a good option if the property is located in a tourist or coastal area. It is currently highly priced and almost any house is rented. The only thing to worry about is giving good service, that the house is clean and that it has modern appliances, clean sheets and towels and that it is attractive to the eye. By accommodating tourists, a higher yield is obtained. But you have to try to leave good reviews on the Internet so that you can rent the house almost every day of the month, and get more profitability than a traditional rental. It can even triple the profitability compared to long-term rental.
Another option, if you can not do without the use of the property is to rent a room, formerly it was rented a lot to students, but today due to the high cost of rent, more and more people are choosing to rent a room, and if If you have a large house, it is a good option to obtain an extra income.
Finally, another option is house swapping, which is not monetary but based on rewards. It is a practice that consists of exchanging one house for another, a certain number of days, and it is an option for vacationing and seeing new places, because there are exchange houses almost everywhere in the world.
If you do not have time to manage these previously mentioned ideas, you can always go to a real estate agency to carry out these procedures. In the Canary Islands, specifically on the island of Lanzarote, Hormicasa has extensive experience, professionalism and exclusivity in the real estate sector and offers its clients a wide range of real estate services that guarantee customer satisfaction. We talk?
