Consider

Residential Permanently Let

Lifestyle/ Holiday Apartment

Stability of
Returns

Agreed with lease of 6 months or more at a time

Can fluctuate from week to week Month to Month

Size of
Returns

Usually around the market price of other similar units

Usually a higher return than a similar that is permanently rented

Flexibility
of use

Can only be self used after lease has run out and tenant has moved.

Usually available to book for yourself at your leisure if vacant

Renovate to
inc. rent

Can increase by renovation but is limited

Possibility to increase dramatically
by renovation if support by manager

Depreciation
allowances

Some restiction depending on building age

Increased depreciation if the apartment is furnished.

Capital
Growth

Possibility of good capital growth if the property is right

Possibility of good capital growth if bought in right position

    Lifestyle

Purchasing increases your property portfolio

Purchasing allows lifestyle, of ability to use at leisure