Many owners of rental property in popular Italian holiday destinations will be seeing higher occupancy rates flurry of early activity in enquiries for holiday rentals next year has been reported. This would result in greater rental yields, while the demand could push up the value of their house.
15 per cent of independent travel agents said Italy would see a bigger increase in bookings in 2008. The Paula Lacey of Network, the marketing company has said that the prospects for 2008 holiday bookings through the trade are really encouraging. Rentvillas.com has been in the business from 1984 of renting apartments and villas. Rentvillas.com is experiencing a huge increase in early-bookings and nearly 50% over the same time last year.
MyHoliday.com reports confirm that the reputation of self-catering holidays has grown considerably in the last few years, particularly in countries such as Italy. This is likely to be highly advantageous to owners of holiday accommodation, as many will have purchased property so as to make rental income from holidaymakers.
Rentvillas.com founder Suzanne Pidduck has recommended starting nine months to a year in advance so that people can get the best rental property selections, and plenty of time to search for airfare and arrange for transportation.
The charm of Italy has been highlighted by property writer Mr. Peterson as he said people choosing a villa or a rental home can only expect the best in accommodations with different amenities for their stay. Italy’s year round appeal could also benefit rental investors, as tourists would be among their main customers.
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