Is a second home a sensible investment?

Many people dream of a second home abroad. Here you can find out why a second home need not remain a dream, but can be a worthwhile investment:

Many buyers see the purchase of a second home as an immediate source of income in addition to a long-term capital investment. On the one hand, the rental income can be used for refinancing the holiday home as well as for additional income. In addition to the immediate income, personal retirement provision is also one of the most important motivations for buying another property: A holiday home as a capital investment thus represents an additional safeguard for the future in addition to a statutory pension. 

All in all, holiday properties are much more versatile than one might initially expect.

Tellico Village, TN