Oxford is one of the favorite tourist cities. The city became famous due to one of the best universities in the world. A huge cultural heritage will not leave indifferent any guest of the city. Tourists stay here for a few days and rent a property to see all the beauty of the city. More and more often, city guests choose houses in Oxford for rent when they come with large companies or families
Great demand for houses in Oxford for rent
There is a great demand for renting houses in Oxford. Often tourists rent a house in the Victorian style to go back a few centuries ago. The rent per month for such a house will be from 1,700 pounds. The rental price for the night is 100-120 pounds. The rich people are preferred to rent luxury homes for a short time. Demand for rent in Oxford is much higher than for the buy of real estate. There are not so many variants of houses for rent. The search process can take quite a long time. Even the cheapest house will cost at least 1000 pounds a month, and the price of the most chic home with a large area will be up to 10,000 pounds. High demand creates high rental prices.
Sometimes groups of students rent a whole house, live in separate rooms and divide the rent between all. Thus, there is an opportunity to save money. After all, rental property in Oxford is quite high. This is explained by the large number of students and tourists.
Investing in a house in Oxford for rent
The economy of England is considered one of the most stable in the world. Therefore, many foreign investors choose it to save and increase their capital. There is a strong demand for the rental of real estate, especially homes in Oxford, as in other university cities. When investor buying house for rent, he pays attention to price, location and repair. Even the cheapest house will bring 7-9% per annum. And your own home will give the opportunity to come to Oxford for a vacation at any time of the city. Although England is considered to be a rainy country, few countries can boast such a wealthy centuries-old heritage that has preserved its original appearance. England will always attract tourists, which means there will always be a great demand for renting houses. If you need to find a house for rent, many options you can find on our website
www.domaza.co.uk/houses_in_oxford_for_rent/
