Are you buying a static caravan for personal use or as an investment?
Who said you had to choose?!
A static caravan can provide you and your family with wonderful holiday memories in a destination that means something to you, while also saving or even making you money. What’s more, the versatile design and manufacturing of static caravans for sale means that they aren’t just for holiday use and temporary stays – they can also be used as an extra room in your property, as a pop up granny annexe, or as a rental unit.
In this blog, we’re considering the best ways to make your investment pay for itself, by turning your static caravan into an income stream.
Temporary housing during a renovation or project
You wouldn’t believe how many static caravans are sold to homeowners who are facing extensive renovation or building work, and who want to move out of their property while the work is completed.
A static caravan contains all the amenities and facilities that you and your family need to live and follow your routine, albeit for a limited period in close proximity. This saves paying for a rental property in the meantime – not to mention some suppliers will buy back your caravan when you’re done with it!
A holiday home for you and for others
The rise of the Great British staycation has seen more and more buyers investing in their own piece of the countryside with a static caravan. While many caravan parks only allow caravans that they have manufactured and sourced themselves, if you can gain access to a site that allows static caravans in a popular destination then you’ve got a readymade holiday home.
This can be used by yourself and by other family members, saving money on alternative accommodation. It can also be used to earn money by renting it out as a holiday home for other guests – hosting on sites like Airbnb and Canopy & The Stars depending on its location and how you choose to market the caravan.
Adding value to your property
Are you considering an extension? Perhaps you’re keen to unlock a new work space or home office, or add another bedroom to your property?
Whatever your motivation, having a static caravan on your property and/or in your garden means that your property benefits from another room without the need for costly extensions.
One of the reasons why these kind of property upgrades are so popular is the fact that many customers find that they don’t need planning permission in order to site a caravan on their land or in their garden. Thus, this is an easy fix for limited inside space.
Suffice to say, a static caravan is a good investment that can elevate the value of an existing property and give you more living space to enjoy! Find out more about static caravans and their benefits by reaching out to your local dealership.