Whether as a vacation home or as a way to invest, buying a second home remains a very interesting solution.
The purchase of a second home is the dream of many people, whether it is to go on vacation or simply to rent it out and earn an additional income. Many questions come to mind when we have to make such an important decision.
But don’t worry, Villas Master will give you everything you need to know to help you take the plunge because there are benefits to owning a second home. The overwhelming majority of our European clients, for example, have chosen to purchase their villas in Marrakech as a second home. This offers them the opportunity to experience unique and disconnected moments, especially in the summer.
Discover now the advantages of owning a second home. But to make sure you make the right choice, there is some information you need to take into account.
What you need to know before buying a second home
The first thing you need to do is assess your desire to vacation in the same place you are considering buying your second home.
It is true that renting will always be an option, but let’s face it. Choosing a second home is a long-term commitment. So first make sure you’ve really fallen in love with the place for your retreats and vacation getaways.
Check the condition of your home
Check the condition of the property, both the degree of deterioration and the need for repairs (if it is a used property). In addition to the legal status of the property, this is also a precautionary element that will avoid many problems in the future.
If in doubt, do not hesitate to call upon a quality real estate agency.
Choose a residence adapted to your needs
Make sure that the place you have chosen is the ideal place to spend your free time and that the property is in good condition. This will help you avoid unpleasant surprises.
Choosing an option that meets your expectations and possibilities will give you peace of mind. Above all, it will allow you to enjoy your second home in peace.
Choose a home that fits your budget
Only after you have determined your needs can you calculate its fair price, that is, it’s real market value. At this stage, it is important to be realistic and to choose a property that corresponds to your real budget.
To do this, you need to take into account taxes, home insurance, utility bills, pool or garden maintenance and other costs associated with a new home.
For most buyers, this step is not always obvious. That is why VILLAS MASTER agency accompanies all its clients through all the administrative and financial procedures. If you also want to have your second home in Marrakech, we are ready to help you.
Your second home can become your best investment
We know that certain areas with a good climate, such as Marrakech, are an unbeatable tourist attraction which increases the purchase price exponentially. But they are also a guarantee of future profitability.
Just think about it if you want to rent or resell your second home. Choosing a listed area will greatly facilitate this great possibility and turn your choice into an excellent investment.
In addition, areas with high tourist occupancy usually have all the services at hand. This will make your stay much more comfortable during the vacation period.
Make sure you choose a home in a good neighbourhood
You may be considering moving into your second home at any time of the year to get away from the daily hustle and bustle. In this case, it’s important to consider whether the area you’ve chosen is tourist-only or whether it’s also busy year-round.
Even if you want to withdraw from the world, life will be more pleasant if you can count on the company of good neighbors. And it will probably also be an indication that you live in a safer neighborhood during your retreats.
4 benefits of having a second home
Having a large space at home – and especially if it’s directly connected to nature – is a rising value. Buying a second home is, in many ways, a quality-of-life decision. Here are four of the most appealing reasons to take the plunge and change your daily life.
1- A personal oasis
More and more people are looking to establish their residence in a place away from traffic and far from the daily urban noise. You can therefore choose a natural setting in which they can reconnect with inner peace, tranquility and calm.
A second home is a unique opportunity to do this. You choose the destination.
2- A vacation in your favorite destination
Maybe you’ve wanted to live across the street from the beach, wake up looking out to sea and have that view be the one that greets your first morning coffee. If so, buying a second home on the coast is the right choice for you.
At VILLAS MASTER, we can make these dreams come true with our various luxury villas in Agadir. A location that gives you direct access to the sea.
Buying a second home on the coast gives you the possibility to live a daily life adapted to your desires and to make your vacations a peaceful and familiar moment.
3- A secure source of income
One of the most well-known advantages of a second home, from an economic point of view, is its rental possibilities.
Since these properties are usually located in areas of great tourist interest, they represent a stable source of income when not in use.
4- A great legacy for your children
A second home is not only a cultural legacy for your children, but also a financial legacy. This precious legacy for your family transforms the decision to own a second home into a commitment to their long-term well-being.
Walking towards a quieter life that suits your desires is, without a doubt, walking towards a better life. That’s why, at VILLAS MASTER, we encourage you to embark on the wonderful adventure of finding the second home you’ve always dreamed of.
