Buying a holiday accommodation with rental land

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Buying a holiday accommodation with rental land

Holiday accommodations for sale on rental land

When purchasing a private holiday accommodation, you have the option of buying the land as well or renting it. If you buy a holiday accommodation on rental land, it goes without saying that you will be the owner of the holiday accommodation, but not of the land on which the accommodation is built. You will pay rent for the land, to the owner of the land. This may be fixed for a short period (1 to 2 years) or for a long period (10 to 15 years).

The benefit of buying a holiday accommodation on rental land is that it is cheaper in the short term than buying a holiday accommodation with private land.

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Buying a holiday accommodation on rental land for a longer period of time

If you buy a holiday accommodation on rental land for a fixed longer period, you will also be the owner of the holiday accommodation, but not of the land on which the accommodation is built. In this construction, you will pay rent to the owner of the land as well. The difference is in the term, which is fixed for a longer period of time. The benefit it brings is that the owner of the land cannot terminate the agreement early, meaning your use of the land is guaranteed for a longer period of time.

Differences between on rental land versus on private land

To summarize it for you briefly, the differences are as follows:

When purchasing a holiday accommodation on rental land, you are not the owner of the land and you will paly rent for it. This means the purchase price of the holiday accommodation is lower. We will list the benefits in more detail below.

if you buy a holiday accommodation on private land, the purchase price of the holiday accommodation is higher, but you are the owner of the land as well. Take a look at the benefits of purchasing a holiday accommodation on private land here.