The limited success in the past of rent-to-buy schemes has been attributed to being offered at the wrong moment in the market. With the current world economic climate, severe decline in real estate over the past two years and predictions of lengthy recovery periods in certain regions, it appears the moment has arrived for successful prospects with rent-to-buy opportunities.
The attraction of self catering accommodation has grown extensively over the past decade to become competitive with hotel accommodation in the majority of mass tourism hotspots.