Exploring The World While Investing In It: The Vacation Property Guide

Mar 1, 2024

Last Updated on: Nov 20, 2024

Travel Guides

In today’s world, where wanderlust meets savvy investment strategies, there’s a growing trend among travelers and investors alike: vacation properties. This unique approach not only satisfies the urge to explore new destinations but also presents a prudent financial investment through the acquisition of real estate. Here’s how blending the love for travel with the intricacies of mortgages can create a rewarding venture.

Why Consider Vacation Properties?

Vacation properties serve dual purposes; they are a getaway retreat for you and your family and a potential source of income through rental. In picturesque locales, from the sandy beaches of Bali to the quaint villages of Tuscany, these properties beckon with the promise of adventure and the allure of financial returns.

Why Consider Vacation Properties?

Investing in a vacation property has a lot of benefits. The first thing is, as mentioned above, it is an amazing source of passive income. When you rent out the property, you get back substantial returns, especially during the peak seasons.

Moreover, vacation rentals have higher rental rates as compared to long-term rentals, which gives you more revenue. Along with the financial benefits, when you own a vacation rental property, you get to spend a lot of time enjoying your personal vacations as well.

You can spend a lot of time on your own property when the place is vacant. You get to enjoy all the amenities you have set for others.it is a perfect relationship between investment and vacation home.

Understanding the Mortgage Process for Vacation Homes

Understanding-the-Mortgage-Process-for-Vacation-Homes

Investing in a vacation property often involves navigating the mortgage landscape, which can be daunting for both seasoned investors and first-time buyers. The process entails several unique considerations:

  • Interest Rates and Terms: Mortgage loans for vacation homes may come with different interest rates and terms compared to primary residences. Lenders often view these properties as higher risk, which can influence the loan conditions.
  • Down Payment Requirements: Typically, vacation homes require a larger down payment, sometimes as much as 20-30% of the purchase price, reflecting their status as luxury or non-essential purchases.
  • Rental Income Consideration: If you plan to rent out your vacation home, lenders might take potential rental income into account, which can aid in qualifying for a mortgage. However, this requires thorough documentation and, sometimes, previous landlord experience.

The Joy of Travel and the Wisdom of Investment

Owning a vacation property allows you to immerse yourself in your favorite destinations. Whether it’s a ski lodge in the Rockies or a beachfront villa in the Caribbean, these homes offer a personal escape with the warmth and comfort of your own space. Beyond personal enjoyment, these properties can be rented out to vacationers, providing a steady income stream that can offset mortgage payments and maintenance costs.

Navigating Challenges and Rewards

The journey of buying and owning a vacation property is not without its challenges. From managing the property remotely to understanding local real estate laws, it requires diligence and research. Yet, the rewards can be substantial. Not only do you enjoy personal retreats in beloved locales, but you also stand to gain from property appreciation and rental income.

A Call to Adventure and Investment

As we navigate our world, the concept of investing in vacation properties presents a compelling blend of adventure and financial prudence. It embodies a spirit of exploration, not just in the sense of travel but in the realm of financial growth and stability. For those bitten by the travel bug and those seeking to expand their investment portfolio, vacation homes offer a horizon worth exploring.

Factors you should consider while choosing the location of the property

Factors-you-should-consider-while-choosing-the-location-of-the-property

Picking the correct location for your vacation rental property is essential. Here are some of the crucial factors that you should consider:

Factors you should consider while choosing the location of the property

Picking the correct location for your vacation rental property is important. Here are some of the important factors that you should consider:

Local attractions and tourism demand

How successful your vacation rental property is going to be depends on the demand of the place. Before you invest, check for the popularity of the place among travelers. Identify the local attractions that are drawing the visitors to itself.

Consider the things that are making the place popular. Whether it is their cultural heritage, its natural beauty, or how close the place is to the popular destinations. Properties that are close to tourist spots or close to vacation destinations have a tendency to attract more renters.

You can choose coastal destinations, urban hotspots, ski resorts, historical and cultural sites, and some emerging destinations.

Along with the well-established vacation sports, the emerging destinations are a good investment.  Look for places that are rapidly developing; they have high potential for getting you a high rental return.

Rental and seasonality demand

Having a good understanding of the tourist season in the place is important. Research about the holidays, special events, and the peak tourist seasons that will take the rental demand to the next level.

If the location is such, which has a year-round demand, it is going to get you a consistent source of income. But if the property is in a seasonal location, then you might get fluctuations in the rental bookings.

Regulatory environment

Before you get a vacation rental property, it is important to know the regulatory environment of the location. Some countries and cities have specific rules and regulations regarding short-term rentals.

Get yourself familiar with the restrictions and local laws to make sure you abide by all the regulations. Try not to ignore the legal aspects, as that could land you with a penalty or even cause your rental business to close.

Amenities and infrastructure

Think about the accessibility and proximity of the essential infrastructure as well as the amenities. Choose an area that has good transportation links, restaurants, shopping centers, and entertainment options.

Guests always prefer properties that are convenient and have easy access to the services and local attractions. 

Final Thoughts

conduct thorough research, consult with real estate and financial professionals

Before embarking on this journey, it’s crucial to conduct thorough research, consult with real estate and financial professionals, and consider all aspects of the investment, including the potential need for a mortgage. With the right preparation and mindset, owning a vacation property can be an enriching experience that combines the joys of travel with the benefits of real estate investment.

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Shahnawaz is a passionate and professional Content writer. He loves to read, write, draw and share his knowledge in different niches like Technology, Cryptocurrency, Travel,Social Media, Social Media Marketing, and Healthcare.

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BY  Arnab Nov 1, 2023

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What Are The Best Mykonos Beaches? A Complete Guide To Party Hotspots And Hidden Gems 

BY  Sibashree Oct 11, 2025

Inclusive! Pristine! Party Paradise! Beaches for everyone!  Choosing adjectives for the Mykonos Beaches is surely a problem of plenty! Why?  If you love tranquillity, the Agios Sostis Beach will appeal to you. However, Jackie O’ Beach Club is a favorite of the LGBTQIA+ travelers. So, Mykonos Beaches offer you a bit of everything!  Furthermore, the Psarau Beach is where all the stars and elites gather. In addition, from icons such as Elizabeth Taylor and Paul Newman to Bella Hadid and Kendall Jenner today, Mykonos beaches have been the hub of celebrity tourism.  Moreover, if you are planning a stay in luxury villas in Greece and a premium holiday, Mykonos beaches will surely be on your bucket list.  Also, Mykonos beaches are crucial for luxury and high-end tourism in Greece. In fact, in the prime tourism season of April to August of 2025, Mykonos beaches have been one of the leaders in driving tourism in Cyclades.  According to a Travel and Tour World Report, Mykonos has received around 604,963 air passengers in the same period.  Nevertheless, in today’s blog, I will talk about the best beaches in Mykonos with transportation tips, detailed features, and local insights. What Are The Best Mykonos Beaches? Party Hubs, Family-Friendly Beaches, Hidden Gems, And More All the Mykonos beaches stand out with their distinct characteristics. It’s difficult to pick a favorite. So, here, I have tried clubbing the beaches into different categories. It’s you who will pick the best one based on the kind of experience you want.  1. Party Beaches In Mykonos Paradise Beach and Super Paradise Beach are the best party beaches in Mykonos.  • Paradise Beach Distance from Mykonos Town: 5 Kilometers View this post on Instagram A post shared by Paradise Beach Club Mykonos (@paradisemykonos) One of the original nudist beaches in Greece, Paradise Beach is all about a carefree experience. The waves here are gentle, kissing the sandy shores and boulders.  However, it is the Paradise Beach Club that makes the experience more happening. Have your favorite drink and grab a quick snack in the sitting area under the Sun. Also, walking through the small lane with white-washed buildings on both sides is quite an experience.  • Super Paradise Beach  Distance from Mykonos Town: Around 7 Km View this post on Instagram A post shared by Susanne Niederberger (@passion4photoworks) The Super Paradise Beach is a little dramatic with cliffs reaching the crystal clear water here. Also, don’t forget a speed boat ride here with the hilly topography surrounding the water.  2. Family-Friendly Mykonos Beaches  Platis Gialos and Ornos Beach are my favorite picks among the most family-friendly beaches in Mykonos.  • Platis Gialos Distance from Mykonos Town: 5 Km View this post on Instagram A post shared by Joice Oliveira (@joiceoliveira) Platis Gialos is one of the most accessible and family-friendly beaches. It has water taxi stops, and you will find water sports and yacht rentals here.  Furthermore, it has two convenience stores for snacks and cold drinks. Also, on the shore, you will find Petasos Beach Resort and many other leading hotels of Mykonos.  • Ornos Beach Distance from Mykonos Town: 3 Km With clear and calm water, Ornos Beach is one of the best choices for families. You will find here sunbeds and other beach amenities for rent.  Also, you can enjoy a charter boat ride. The food scene here is quite vibrant, and the shops in the locality are ideal for boutique shopping.  Moreover, for a more happening experience, you can pay a visit to the Pasaji Beach Club.  3. Secluded & Romantic Beaches Agios Sostis and Fokos Beach are my favorite picks if you are looking for romantic and secluded beaches in Mykonos.  • Agios Sostis Distance from Mykonos Town: 8 Km View this post on Instagram A post shared by Mélanie (@melaniemday) With hilly surroundings and crystal clear water, Agios Sostis is a quiet paradise. You have to take quite a descent through the stairs to reach the beach.  It is not as commercialized as Paradise Beach or Platis Gialos, and that’s the whole fun.  • Fokos Beach  Distance from Mykonos Town: 12 Km View this post on Instagram A post shared by @kostantinosmanolis Fokos Beach is gorgeous, and it has a rocky landscape kissing the turquoise water. It is great for couples.  4. Water Sports & Active Beaches Want an adrenaline rush? Why don’t you plan a trip to Elia Beach and Kalafatis Beach?  • Kalafatis Beach Distance from Mykonos Town: 12 Km Kalafatis Beach is ideal for windsurfing and water sports. Furthermore, you can try extreme tubing, jet skiing, and scuba diving here. You can contact Kalafatis Watersports at + 30 6945261242.  • Elia Beach Distance from Mykonos Town: 10 Km Elia Beach is the longest in Mykonos. It is less commercialized, with some water sports facilities, such as jet skiing.  Furthermore, the main restaurant here serves amazing food and drink. Also, don’t miss exploring the secret coves on the western side of the beach.  Beach Comparison: A Summary Table Name of the BeachVibeAmenitiesAccessibilityBest ForParadise BeachParty• Snorkeling• Jet• Skiing Bars • Beach Club• Water Taxi• Taxi• Bus• Nightlife ExperienceSuper Paradise BeachParty• Bars• Restaruants• Party Events• Watersports• Wheel-Chair Accessible• Entrance• Restroom• Bus• Taxi• Car• Nightlife ExperiencePlatis GialosFamily-Friendly• Bars• Restaurants• Parasailing• Jet Skiing• Water Taxi• Public BusFamiliesOrnos BeachFamily-Friendly• Umbrella and Sunbed Rentals• Watersports• Water Taxi• Car• BusFamiliesAgios SostisSecluded• Watersports and Rentals Dirt road and walksCouplesFokos BeachSecluded• Traditional Taverna• Free Parking SpaceWell-maintained dirt roadCouplesKalafatis BeachActiveWatersportsEasyAdventure LoversElia BeachActiveJet SkiingEasyAdventure Lovers Transportation Tips: How To Reach The Mykonos Beaches And How To Move Around?  Did you know that Mykonos beaches are well-connected to Athens and other major cities through the Mykonos International Airport? In fact, you can take a flight of just 20 minutes to reach Mykonos from Athens. The ticket prices are around €40 to €80.  Of course, you can take a ferry from the Port of Piraeus in Athens and reach Mykonos in 3 to 5 hours. However, that’s a waste of time as the locals suggest that ferry rides do not always offer the best of views, and with high winds, it can get really choppy.  The ticket prices for a ferry ride from Athens to Mykonos Beaches will be around €40 to €150. Also, a ferry ride is suitable if you are visiting Platis Gialos, Paraga Beach, Paradise Beach, and other Mykonos beaches accessible by sea.  Nevertheless, once you reach Mykonos, you can move around comfortably in local buses, scooters, and taxis. Here are the details.  1. Local Buses To Move Around Mykonos Beaches  Mykonos buses are the best option if you want to move around the beaches. Buses are easily available from the following locations and ply to the following destinations.  Mykonos Buses Departure PointsDestinations Mykonos Buses Services KTEL Departure Point 1: Fabrica• Platis Yalos• Psarou• Ornos• Ai Yannis• ParadiseParangaMykonos Buses Services KTEL Departure Point 2: OTE• Ano Mera• Kalafati• EliaMykonos Buses Services KTEL Departure Point 3• Neo Limani• Aghios Stefanos You can contact (+30) 22890 23.360 or (+30) 22890 26.797 to learn about the timing and fare of these buses.  2. Mykonos Taxis  You can book a taxi for airport transfers and moving around the Mykonos beaches through your accommodation. However, in most cases, the taxi drivers will charge you around €15 to €20 extra.  However, for airport transfers, you must take the KTEL buses from JMK Airport to the Mykonos Chora Southern Bus Station.  From the Mykonos Chora Bus Station, you can go to the Fabrika Bus Station in the south or the Old Port Bus Station in the north based on the beaches you want to visit.  Airport transfer to and from Mykonos in KTEL public buses will cost you €3. You can also buy shuttle tickets for airport transfers from the driver inside the bus.  Insider Tip You have to pay the bus driver in cash. Also, sometimes, the driver refuses to give you a change. So, carry small bills.  3. Renting A Scooter In Mykonos If you are traveling solo or with your partner, you can hire an ATV or a scooter to move around the beaches in Mykonos.  For scooters, the daily rentals for the scooters will be around €25, and the car rental prices for a week will be close to €350-400 a week.  What Is The Best Time To Visit Mykonos Beaches? May to October or Late Spring to Autumn is the best time to visit the Mykonos Beaches. However, the summer months of July and August are the busiest on Mykonos Beaches. The temperatures in these months range between 20 and 28 degrees Celsius, and usually there is no rainfall in these months.  These months also receive the longest sunshine hours.  Are you planning to visit the Mykonos beaches in a different season? Here is a month-by-month breakdown of temperature. (Source: Greeka.com). MonthsAverage Temperature (Degree Celsius)January10.9 February11.3March13April15.6May19.5June21.5July23.5August25.8September23.2October19.8November16December12.4 Local Etiquette For Visiting The Best Beaches In Mykonos The locals in Mykonos are friendly and hospitable. They are also quite familiar with the consistent inflow of tourists, with Mykonos beaches being quite important for the luxury tourism landscape in Greece.  Casual and comfortable clothes made of light fabrics are the best choices for the daytime. In the evening, you can wear the fancier outfits and turn the party mode on.  Furthermore, tipping is quite popular in hotels and restaurants. At cafes and bars, the standard tipping charges are 10 to 15% of your service.  Best Mykonos Beaches: Frequently Asked Questions (FAQs)  Here are some frequently asked questions and answers about the best Mykonos Beaches.  1. How Many Beaches Are In Mykonos? Mykonos has more than thirty beaches. Along with being numerous, the beaches in Mykonos also differ in their characteristics. For example, Paradise Beach is ideal for party fun and experiencing a cosmopolitan vibe. On the other hand, Platis Gialo and Ornos beaches are more suitable for family fun. In addition, Kalafatis and Elia are ideal for watersports and adventures. Moreover, if you want to stay closer to Mykonos Town, Megali Ammos is an excellent option. 2. Which Has Better Beaches Mykonos Or Santorini? I cannot pick a favorite between the Mykonos and Santorini beaches. The Mykonos beaches are ideal for idyllic beach getaways with long stretches of soft sand. The golden sand on the shore looks beautiful with turquoise water. So, be it the Elia Beach or Paradise Beach, all these offer a classic beach experience. On the other hand, the beaches in Santorini are more dramatic. Thanks to the volcanic landscape, the beaches here have pebbles and sand in black and red. Red Beach and Kamari are some of the most popular beaches in Santorini.  3. What Is The Best Part Of Mykonos To Stay In? The best part of Mykonos to stay in will depend on the kind of experience you want. Chora, or Mykonos Town, is the best place to stay if you want to make the most of the shopping and dining scene and enjoy the vibrant nightlife. Furthermore, Platis Gialos and Ornos are some of the chosen locations if you want to enjoy the gorgeous stretches of the sand and want to spend some time alone or with your partner/family away from the hustle and bustle.  Read Also: 9 Best Beaches In Greece That You Must Visit Once In Your Life 11 Best Beaches In California That You Must Visit Once In Your Life 11+ Best Beaches In Portugal That You Must Visit Once In Your Life