Browsing Category: "Travel and Finance"

How To Save Money On Transport While Travelling

During travelling unnecessary costs can easily build up, eating into your precious budget. Transportation is one of those factors that can prove expensive if not dealt with carefully. It’s easy to call a taxi and book the first flight you see, but shopping around and choosing more cost effective options can save you a lot of money.

Travelling From One Destination To Another

The initial flight to your destination can often be costly, especially if it is long haul. There are various levels of comfort, luxury, and prices you can go for. No matter what kind of flight you book, there are always ways to make sure you’re choosing the right deal.

Buy your tickets as early as possible; the closer to the flight, the higher the prices are. Make sure you shop around and check comparison sites for the cheapest costs. They will vary depending on the date and number of tickets left. Try to be as flexible as possible, as costs can differ dramatically; Wednesdays and Saturdays are usually cheaper. Flights with connections can also work out a lot cheaper, so if you aren’t in a rush opt for these.

[Photo courtesy of unsplash.com /pexels.com]

When you do arrive at your destination, make sure you have already planned how to get to your accommodation from the airport. Check the ‘how to go here’ instructions on your hotel’s website. It will normally list the public transport and directions needed, which will give you a good idea when you arrive. Most agents will direct you towards expensive taxi’s, but always check public transport too as this is normally a fraction of the cost.

Travelling Within Your Destination

When you are settled into your location, you will want to get around and visit the sites. For places that are too far to walk, you will need to consider transport options. The best option is to ask at reception. The staff are normally very willing to help, and as they are locals they’ll have all the inside knowledge. If public transport is unreliable, consider hiring a car rather than using taxis. Low damage excess car hire can work out very cost-effective, so ask around for recommended companies and explain what kind of journeys you’ll be making.

Where To Find Information?

It can be difficult to find information when you are abroad, especially if you don’t speak the language. But in most places, you only need to simply ask! Most locals will be pleased to show you around their home, and staff tend to go out of their way to assist you. There are tourist information points in most cities, and the staff here will normally speak English to some degree.

Failing that, the internet is a wonderful place for finding information quickly. It is relatively easy to purchase plane and train tickets online, with passes saving you money if you’re going to be doing a lot of travel. Take a photo or screenshot of maps, in case you have no internet access later, and write down directions where you can.

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Should you buy a Holiday Home Overseas?

It safe to say get this not as much money in the buy to let market as they used to be. The days when you could get great rates for a property to rent out and make money being a landlord? They’re pretty much long gone. However, it can still work even if it’s not on home soil.  Many savvy people have started investing in holiday homes abroad to make more of their money. They’re all banking on the vast amounts of cash to be made from the inflated prices charged for weekly rental rates during peak season. Most holiday operators put a premium on their prices during the highest demand periods. For example, think school holidays, Christmas and new year. And why wouldn’t they?

Boat House, Cottage, Waters, Lake, Scotland, Blue

[Photo courtesy of FrankWinkler/pixabay.com]

Out of season, the property could sit empty for weeks or even months at a time. And the mortgage and running costs still need to be paid.  You need to be able to offset those outgoings to make sure you can pay for them all year round. If you are thinking about investing in the holiday lettings market, then you need to be careful. It’s time to think long and hard about all the extra money and work involved, which will be more than your typical buy to let in your hometown. One of the reasons that people pay such a high amount to stay in lovely holiday properties is they want to go somewhere a little bit different to home.

Therefore, you need to decide where the best place to purchase is. It could be as close to home or as far away as you like, but remember to make sure you can afford to get there if there’s a major problem. You could plump for a luxury place like the Four Seasons Nevis in the West Indies for something entirely different. If that’s just too far away, stick to a cheap holiday apartment in a less exclusive resort. It all depends on what sort of cash you want to invest.

Running a holiday property is not a piece of cake. There’s a lot of work involved and you have to ask yourself if you are prepared to do it yourself. If not yet going to have to pay someone to do it for you and that’s going to take a chunk out of your income. There is a reward for all of this extra effort, though. Yields will be much higher, and you could make yourself more money in the long run.  Another benefit adding to the long term appealing investing in a holiday home is that you should receive tax benefits. This means you could make even more profit.

You also need to consider how you are going to get your hands on the funds to buy a holiday home. Unless you’ve got substantial savings, you going to need to borrow some money. You are not going to have as many options as if you were looking for a traditional buy to let mortgage. Calculating how much income a holiday home is going to make can be  little more than guesswork, so lenders are often hesitant.

Have you invested in property overseas? We’d love to hear your stories and tips! Please leave them in the comments below.

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Make the Dolomites Your Winter Wonderland Destination

The Dolomites are a spectacular mountain range in northern Italy, which boast some of the most breathtaking winter scenery to be found in the world. As a designated UNESCO World Heritage Site, their beauty derives from a spectacular array of vertical walls, deep valleys and soaring cliffs, as well as the pristine, snow covered vistas that entice so many visitors every year to experience a wide range of winter sport activities.

A Nature Lover’s Paradise

There are nine specific regions in the Dolomites, each with its own particular characteristics. Glacial landforms carved deep vistas in the landscape, and the area is also known for its abundance of fossils. The pale mountains form an ever present backdrop and are surrounded at ground level by an abundance of forests and meadows. It’s no wonder that the Dolomites are one of the most popular places to visit in the world for people who are looking to explore the natural beauty of our planet – whether they plan to participate in winter sports or are simply looking to relax and enjoy the unique scenery.

Dolomites

Winter Sports to Suit All Tastes

The Dolomites are exceptionally beautiful, but they do also afford the more daredevil traveller an opportunity to participate in activities which are a little more vigorous than simply enjoying the view. Winter sports are incredibly popular in these mountains, and there are many on offer. Skiing and snowboarding tend to be the most popular, with a range of courses to suit all abilities. Be warned though, the Dolomites may look idyllic but the temperatures here can drop fairly low and bad weather, though infrequent during peak season, may still occur. If you intend to participate in winter sports activities during your time in the Dolomites, it’s worth investing in some high quality cold weather gear before you travel. And for an outdoor look that’s hard to beat in fashion conscious Italy, an insulated body warmer will never go amiss.

Sample the Local Cuisine

Of course, a visit to the Dolomites just wouldn’t be complete without sampling the delectable local cuisine, which often includes such hearty staples as ravioli or dumplings. This hearty fare will fill you up and provide you with much needed fuel to stay warm and on your feet during a full day of coasting down the mountains or hiking the Dolomites’ magical valleys.

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