Investing in a holiday home is popular. More and more people have enough money to afford a second home. They invest in a holiday home for personal use, rental or a combination of both.

Even if you cannot yet pay for the holiday home yourself, there are options. For example, through financing. Especially if you include the surplus value of your home in this story, this can be an interesting option.

Investing in holiday home popular in recent years

Currently, about 1 in 20 households in the Netherlands owns a holiday home at home or abroad. In the COVID-19 period and the year that followed, sales of holiday homes in the Netherlands rose by as much as 70%.

That investing in a holiday home in 2023 is also still popular was shown by the huge turnout during the Second Home Expo in March. Almost 10,000 visitors visited the Jaarbeurs in Utrecht to start their search for a holiday home.

Financing a holiday home abroad with excess value

If you are planning to buy a holiday home abroad with a mortgage, it is possible to approach a bank in that country. This is because each bank has its own rules, which can make it difficult to take out a mortgage without professional guidance.

Of course, you can also choose to go with a bank in the Netherlands. There are certainly possibilities to finance the holiday home with surplus value from the first house. The rule here is that there must be sufficient income to cover the monthly costs. In general, this does not include any rental income.

Buying a holiday home as an investment

If you buy a holiday home as an investment, you can choose to partially finance it. You should bear in mind that you will always have to finance 30-40% of the property yourself.

In addition, it is often not possible to finance furniture and purchase costs, for example. Nevertheless, (partially) financing a holiday home can be very interesting. With the leverage created, you can make a nice return on your equity. It is made even more attractive by the low interest rates that banks currently still apply.