Income from holiday cabins varies because it depends on several factors. The rate depends on guest stays in and out of the peak season, the number of people booking, as well as the cabin's location, floor area and finishing standard. Renting out holiday cabins is the most profitable in areas such as the Masuria lakes, the seaside and Zakopane.
Are holiday cabins a good investment?
Besides buying apartments to let, more and more people are also deciding to rent out a holiday cabin to guests. Tourists looking for a break from the bustle of the city and wanting to feel closer to nature are far more likely to choose holiday cabins as a form of accommodation and relaxation.
Given that every year a growing number of both foreigners and Poles choose our country for their holidays, investing in recreational cabins for rent can be a good solution, especially in popular tourist regions. In addition, investing in holiday cabins does not require any special permits, and the costs of the project can be reduced because the cabins are suitable for DIY assembly.
Is it worth renting out holiday cabins?
When renting out a holiday cabin in the season, prices start at around PLN 50 per person, although some rates reach as much as PLN 100. If the rental strategy and marketing activities are planned properly, the income generated can reach even several thousand zloty in the summer holiday period alone.
With such profits, an investment in holiday cabins will pay for itself after just a few seasons. Buying insulated buildings is an equally profitable option, as it allows the holiday cabin to be rented out all year round.
How to start renting out holiday cabins?
You can earn quite a lot of money from holiday cabins if the investment and the start of renting are well thought out. If you own a holiday cabin and want to earn money from renting it out, it is worth starting with a few things:
- Choosing the right location – before investing, it is worth checking the area in terms of views, service venues, availability of shops and transport links.
- Choosing holiday cabins – putting up brick cabins means hiring a construction crew and obtaining the relevant permits. Wooden cabins do not require a building permit and cost less.
- Preparing the right finishing standard – holiday cabins that are properly furnished and equipped with, among other things, utilities, sewage and water supply, will attract greater interest from guests.
- Advertising and attracting customers – the most important advertising activities include setting up your own website, placing ads on accommodation portals, running Google Ads campaigns and managing social media.
Is a holiday cabin subject to taxation?
Many people give up renting out holiday cabins for fear of having to run a business. In 2020, the Director of the National Revenue Information (Krajowa Informacja Skarbowa) stated that this is not necessary.
If the income from renting out holiday cabins does not exceed PLN 100 thousand, it can be taxed with a lump-sum income tax of 8.5%. If this amount is exceeded, you will have to pay a lump sum on recorded revenue at a rate of 12.5%.
Before starting out, however, it is worth consulting a suitable specialist who knows the local area.
