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Second Homes

As the weather begins to turn, many people are beginning to think about their vacation plans. Some will fly away to their favorite vacation spot, but taking a vacation to a place you have to fly to can get expensive and can limit where you go and what you can do.

A good alternative can be to have a vacation home that's there for you whenever you want to go.
 

A second home is defined as a one-unit property that's located within a reasonable distance from your primary residence. It can be a home that you occupy for some portion of the year or by someone you allow to occupy it. However, to be a second home, it must not be rented or be part of a timeshare arrangement.

So, it might be the cottage you own on the lake a few hours away; it could be a home you let your son live in while he goes to college; or it could be a house you own that your friend and her children moved into because she lost her job. Those are just a few examples.

A growing number of families are buying vacation homes and it's a trend that's likely to continue. If your new vacation home is close enough to your permanent residence, every weekend could be an opportunity to go fishing on the river or skiing down the slopes of your favorite mountain.

HolidayHangouts.com introduces the second home or holiday home concept in India for the first time. India with its educated workforce, market opportunities, supportive culture etc. is the best location in the world for real estate investment at the moment.

Situated in the lush green hills of Kerala with almost zero pollution, the plots are ideal for vacation homes, farm houses, second homes and retirement homes which will not burn a hole in your pocket. Virtually unexplored by tourists till a few years ago, Wayanad has been observing a steady flow of visitors from Karnataka particularly from Bangalore and Mysore, and a lot of foreigners, who are enjoying the scenic beauty of the place. But as the tourist inflow began to rise gradually, the issue of shortage of hotel rooms is more evident. It became expensive for people to stay there and get the Ayurveda treatment. Having a second home in Wayanad, opens up a new source of income to the people for building home stays and renting it to tourists, when they are not using it. The charges could be from $ 50 to $ 100 a day for a couple.

With a stock market rising on the fundamentals and a real estate market booming, India is the best place to do an investment. Apart from the investment perspective, South India especially Kerala have some great landscapes ideally suited for your holiday homes or escape homes. This is the primary reason HolidayHangouts zeroed in on Kerala with its unending coastlines, zero pollution, scenic landscapes and mysterious mountains.