3 ms·
Yep. You should see the situation in beautiful yet remote places like the Isle of Skye in Scotland or the Outer Hebrides. If you have some land, it's a no brain
by cyberpunk 5y ago
Yep. You should see the situation in beautiful yet remote places like the Isle of Skye in Scotland or the Outer Hebrides. If you have some land, it's a no brainer to build a holiday rental. A pre-fab will cost you maybe 120k (after the land) and it's k/week or more during peak season to rent it out.
Of course, it means prices are going insane. A complete wreck of a house we were interested in buying and turning into an actual home which I thought would be worth max 200k went for 450, cash, from a buyer who never even saw it.
They'll tear it down, stick a new house on it, and make their investment back in 5 years.
Meanwhile, all the locals kids, go away and don't come back. What is there for them there anymore? Not a lot.