If you are looking to invest in a holiday home in the St. Ives area of Cornwall, then Carbis Bay Holidays are your best resource for property sales, St Ives is the recommended area due to its year round appeal. Our experienced and passionate Team members know the local area, we keep abreast of St Ives cottages, apartments and holiday homes that are for sale and we know those that will make a good investment and those that perhaps may not.
From time to time, our owners looking sell their property through us because we are the most qualified to provide advice to potential purchasers, we are instructed to act on their behalf, these properties are exclusively for sale with Carbis Bay Holidays. We will manage the transfer of the business seamlessly so that the purchaser inherits a proven holiday let, managed and marketed by ourselves. We will represent the current owner to achieve a sale but will also act for the purchaser as they will become future owners partners of Carbis Bay Holidays. Find out about our new developments here.
We do of course work in association with local Estate Agents specifically in relation to properties suitable for use as a holiday property St Ives being in demand for investors. They sell the bricks and mortar, we provide the detailed advice relating to holiday letting, this may cover the HMRC rules and benefits concerning “furnish holiday lets”, our advice may also cover the furnishing of the apartment or holiday home and we can demonstrate how to maximise the return on your investment by meeting guest expectations staying at your property.
Occasionally, estate agents are instructed by our owners to sell their property and, although the owners and estate agents are responsible for providing financial information relating to the property, we are obviously in a position to provide guidance to prospective purchasers and will also provide a rental schedule to illustrate income, direct and indirect costs.
You will need advice regarding the letting potential of your prospective property for sale St Ives before you make a purchase, whether it be a house, cottage or apartment. As holiday letting agents with detailed local knowledge, we can advise you on the suitability of your choice, provide rental schedules and income forecasts, assist with finance to purchase, offer “qualified” legal and taxation advice and then guide you through the process of making the investment an enjoyable and successful one.
If you would like to consider an investment in a holiday home but, find the cost of holiday property prohibitive, we can also advise on shared ownership, where the cost of the property can be split between 2 and 4 people with equally proportional returns for a lower initial investment.
Providing your property meets the HMRC requirements and qualifies as a Furnished Holiday Let ( FHL ), there are a number of Tax benefits for FHL owners, summarised as:
· Capital allowances and deductible expenses
· Carried over allowances offer 4+ years of tax-free income
· Tax-advantaged pension savings
· Capital Gains Tax relief at resale
· Entrepreneurs’ relief
· Roll-over relief
· Hold-over relief
· Split profits for optimised tax liability (for married couples)
· No council tax
· Tax-deductible mortgage loan interest
Please call us for further information or a chat on 01736 630 015
We have a number of properties for sale St Ives that are existing holiday lets through ourselves, these provide a perfect "turn-key" opportunity for investors.View
Carbis Bay Holidays have worked closely with estate agents in the area for many years and provide advice on property for sale St Ives and Carbis BayView
Property sales in St Ives and Carbis Bay - there is an excellent choice of new build properties and developments available in and around St. Ives.View
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