With the arrival of new tourism operators such as Airbnb, more and more individuals and companies are looking to invest in rental properties. Indeed, this type of investment can quickly become profitable and generate a comfortable income. Wooden log cabins are one of those small, affordable accommodations that can easily pay for themselves. Let’s take a look at these garden buildings, which offer many advantages.
Completely Customisable Accommodation
The log cabins are delivered in kit form and can be assembled by yourself or by a professional. There are log cabins to suit all preferences: chalet-style, modern cabins, minimalist ones, etc. This wooden construction can be connected to the water and electricity supply in the same way as a traditional house. For the interior layout, you can build partitions to create the desired number of rooms. Finally, you can furnish and decorate as you wish.
An Interesting Investment For Holiday Rentals
The interest in these unusual accommodations is growing year after year. Log cabins offer more comfort than camping in picturesque locations at a lower price than what is available on the market. Some owners even offer to provide their guests with meals made from local products and to introduce them to the local culture, a very attractive combination for tourists. Wood brings an authentic and warm side that attracts more and more families or couples to spend weekends in the countryside, at the sea or in the mountains. When you are not renting your log cabin, in the low season for example, it can easily accommodate friends or family. If one day you decide not to rent out your log cabin for the holidays, it can be used as student accommodation or as a home for an elderly family member. Managing a cabin can be quite difficult as you may have to make constant visits to maintain your property. With the help of Mynd, you can avail a number of services like house repair, house rentals, etc in the comfort of your home.
The Budget
Before embarking on this type of investment, take into account all the expenses: the price of the log cabin kit, the earthwork if necessary, the slab and the foundations. To this, you must add the expenses related to the interior and exterior fittings so that the accommodation is attractive and welcoming. You will rent more easily and at a higher price if your log cabin is tastefully decorated and the exterior is landscaped and flowered. It is advisable to take out specific insurance for this type of service; it is an additional expense but will give you peace of mind.
What Size?
Smaller log cabins can be used as a single room, while larger ones can become real holiday homes. Choose the size according to the size of your property: the rental property should not be too close to the house, otherwise there will be noise pollution and a lack of privacy for you and the guests. Also bear in mind that you will have to clean the log cabin between tenants, the bigger it is the longer it will take. Before buying your log cabin, check with the local authorities to see if you are allowed to install a log cabin of the desired size.
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