Investing in a mobile home is fashionable. If you choose to invest in a mobile home, you will reap many benefits. If you want to combine cash flow and pleasure, we recommend that you invest in a mobile home, whether new or second-hand. With a fairly small investment, it is possible to own this type of property and receive rental income. Nevertheless, if the idea may be relevant at first glance, the reality on the ground is much less so.
Indeed, it is necessary to dwell on multiple aspects in order not to subsequently suffer the effects of a real ball and chain. The world of mobile homes says it: when mistakes are made, you can’t go back. So, here is this user guide on everything there is to know about investing in a mobile home.
Discover all the advantages of buying a mobile home in 2022. Investing in a mobile home is a great idea if you can afford it.
First of all, we advise you to make an investment with a lesser amount. The strong point of an investment in a mobile home is that it is possible to acquire one with a small sum of money, this being even more true when compared with real estate as a whole.
Indeed, you can buy a second-hand mobile home for around 12,000 euros, which corresponds to the price of a city car. If you choose a new model, consider an amount of nearly 30,000 euros to finalize the acquisition.
The strong point of this type of property is that it allows you to enjoy a holiday when you want and where you want. You can use it only several weeks per year. The mobile home represents a real base for you and those around you.
Another possibility: renting your property to vacationers. In this way, you fairly quickly amortize the costs related to your acquisition. If you improve your filling percentage, you can take advantage of free vacations and thus earn money!
If you make the decision to plan actions so that your calendar is complete for the entire opening period of the campsite, it is possible to finalize the reimbursement of your mobile home in just seven years.
Indeed, a property purchased for 23,800 euros and which generates 3,400 euros in annual profit will be fully reimbursed over a period of seven years. This means that once this amount and this date have passed, everything you put in your pocket will be profit!
If you want to rent out your mobile home, you will have to take into account the different tax rules of the outdoor accommodation sector. This means that it is possible to take advantage of the LMNP status and not be eligible for taxes on this type of property.
Nevertheless, it is possible, under several conditions, to recover the VAT on your investment. For example, on a model at 25,200 euros, you will be reimbursed 4,200 euros! Therefore, your property will cost you 21,000 euros.
If you want to invest in a mobile home, know that the price of a top-of-the-range mobile home is between 40,000 and 50,000 euros. If you fall into the “low budget” box, you can choose a second-hand model. Becoming the owner of this type of property offers the possibility of enjoying a base in a dream destination at low cost. At the same time, it is also a way to generate income when you are not using the premises. For this, you must resort to short-term rental.
On the other hand, since you are the owner of a mobile home, it is compulsory to declare all of your taxable rental income. It is possible to take advantage of tax advantages. Thus, you will benefit from an optimization of your taxation and benefit from significant savings.
First of all, as already mentioned above, the mobile home is an inexpensive investment compared to property such as a house or an apartment. Regarding financing, you can do it in cash or with a simple consumer loan. Other financial advantages: the absence of notary fees, property tax and housing tax.
It is possible to take care of it yourself or turn to experts to receive tenants. Investing in this type of property offers a return on the short term (twenty years), estimated between 10 and 12%. Owning a mobile home means enjoying a pied-à-terre at a lower cost. Before making a purchase, do not hesitate to find out as much as possible about the subject!
Profitability is linked to the location in the chosen campsite. Don’t forget to think about electricity and water bills as well. This is why we strongly recommend that you carefully read the rental contracts offered by the campsites, the aim being to benefit from optimal profitability. Check the equipment offered by the campsite. Be sure to choose a location far enough away from major living areas. Vacationers seek tranquility above all else. Finally, when buying your mobile home (especially second-hand), be sure to pay attention to every detail and ask as many questions as possible to ensure the quality of your purchase. Do not hesitate to ask for photos and invoices.
If you want to become the owner of a mobile home, know that it is not very difficult. First of all, be sure to read the conditions of the campsite. Next, set your goals. It is necessary to know all the elements at your disposal in order to take advantage of all the strong points of such an acquisition. Remember that investing in a mobile home requires a fairly small amount, especially if you are looking for second-hand.
Thereafter, with the absence of notary fees, property tax and housing tax and the provision of the property for rental, you can quickly depreciate your property and make a profit! Then, when you want to use your mobile home, you can (even just a few weeks a year).
The lifespan of such a good is estimated between 15 and 20 years. However, this estimate depends on whether or not the maintenance has been done on the mobile home. Extensive and regular maintenance can optimize the life of the asset. So, if you do what is necessary, it can last for 30 years. Do not hesitate to make some changes to your investment: bench, sofa, coffee table, shower, sink, etc. From now on, you can invest in a mobile home since you know more about it.