Boutique Holiday Lets - (Semi) Passive Income
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Unique Holiday Lets - (Semi) Passive Income
Introduction - Boutique Holiday Lets - (Semi) Passive Income
A unique holiday home is a great way to make a semi semi-passive income, particularly if you have a home, estate, or farm with unused land.
I am reluctant to refer to holiday lets as “passive income”, as it’s not entirely passive, and I find this messaging to be somewhat misleading.
I have my own self-built holiday home business, so I feel I know what’s involved. You can click the link to find out more, Cabinology.
The article will explore the income-generating possibilities of a boutique holiday let.
Boutique Holiday Let - Monocoque Cabin
How Much Does it Rent For?
Monocoque Cabin rents for roughly £210 per night during summer.
A Shepherd’s hut within the same location would rent for roughly £135 per night.
Due to media attention, winning the Airbnb fund, etc, the Monocoque Cabin, which we designed and own, has a higher occupancy rate than much of the more generic competition we have seen on Airbnb. We can see that over many years, unique design pays off.
Potential rental yield comparision
Rural Archtecture
Construction Costs
There is no denying that bespoke architecture costs more than off-the-shelf products. However, things that are made well last longer. A socioeconomic theory known as the ‘boots theory’ states cheap things often need to be replaced, proving more expensive in the longer run.
During the construction phase of the Monocoque Cabin, we worked with subcontractors. Almost all the sub-contractors we worked with gave us a reduced rate as they were keen to be ‘involved in the project’.
Organic Architecture - Holiday Home
Conclusion - Holiday Let Architect
If you’re seeking a quick profit, this white paper might not be for you. However, if your goal is to create something truly special—a business that endures and thrives like a well-tended apple tree—then, as your experienced Architect, we can offer the guidance you need.
If this resonates with you, click the link below to schedule a call and explore how we can help you achieve lasting success.
If you are interested in staying in the Monocoque Cabin, you can also book it by clicking the link.