Check the intended use
Verify the individual property’s suitability and applicable approval route before relying on short-stay income. A sales brochure, building guide or nearby holiday home does not establish eligibility for your unit.
Record all costs
Separate acquisition and financing costs from furnishing, service charges, maintenance and the day-to-day cost of guest operations. Confirm any tax obligations for your ownership and operating structure with an appropriate adviser; avoid blanket tax-free claims.
Match the property to your availability
Consider whether you need personal-use dates, predictable cash flow or flexibility to sell. Test a weaker-booking scenario and planned maintenance downtime. Do not treat projected appreciation as certain.
Obtain the operational assessment
Purple can discuss holiday home management and income assumptions. This service review is separate from independent legal, tax or investment advice on a purchase.
Updated 21 September 2026 · Purple Holiday Homes