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buying a villa and renting it out, good idea? (10 points) =D?

villa holiday
James Y asked:

Is it a good idea to buy a villa in spain, american busy parts like near orlando or golf resort somewhere like that and then rent it out to tourists who go there for a holiday. Is this a good idea and profitable (If so how profitable is it?), or is it a bad idea and high risk?
And if it is a good idea where is the best place to get the villa, Thank you very much =D

4 Comments

  1. Epits says:

    Regardless of where you invest in a rental property, it’ll usually give you profits if you choose your location wisely

  2. sinead says:

    definitely not with the current financial climate

  3. Harry C says:

    weight till the storm clears

  4. alta says:

    If you need to ask questions such as this, I don’t think you are ready to invest. You must have some idea of what continent you want the property to be on. Search the net for forums and advice sites on buying abroad, and be very very careful.

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