Why Investing In Holiday Hot Spots Isn’t a Wise Idea
Whilst you might be thinking why you haven’t purchased an investment property at one of your favourite holiday spots, there are a few things to consider before you sip on those Pina Coladas, and start furnishing your newest investment property.
Investing in property, or purchasing property in general, should never be dictated by emotion, explained Simon Cohen, a buyers agent and managing director of Cohen Handler.
“In summer, emotion comes into play for everyone … but it is really about sitting down and analysing how often you will use the holiday house or what it will be like in winter,” Mr Cohen told news.com.au.
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