Flexibility

In most developed countries, there are too many rules limiting what you can do with your property if you’ve rented it out on a long-term lease basis. For example, there are usually regulations limiting how much you can increase the rent per year, as well as regulations on having to serve notice to vacate early enough to the long-term tenant should you want the tenant to vacate (normally 12-months in advance).

This often acts as a barrier to your ability as a landlord to make gains from market booms, as well as a barrier to your ability to sell the property should you want to sell it at some point since most buyers prefer properties that are vacant on transfer.

With listing your property as a holiday home, such regulations do not apply since your tenant is renting on a short-term basis, giving you the full power and freedom to manage your property however you like, including the ability to use your property yourself whenever you like!