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P R E M I U M R E N T A L S
ST JAMES, BARBADOS
A luxury beachfront villa with
a striking contemporary style.
Bedrooms 5 Bathrooms 5.5
Price From US$3,400 per night
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Rentals rise
Those in search of investment opportunities should look to prime
leisure locations such as Venice, Barbados and the Côte d’Azur
The rentals market is playing an increasingly important
role in the world’s most sought-after leisure locations as a
high proportion of second homeowners seek to profit from
a buoyant demand for high-end holiday lets. Three key
destinations are the French Riviera, Venice and Barbados.
The French Riviera has been attracting the crowned
heads of Europe, artists and film stars since the 1850s. On
top of its enviable climate and beautiful coastal scenery,
there are now many other facets to this enduringly chic
summer playground. ‘Alongside patrician seaside resorts
such as Villefranche-sur-Mer and Beaulieu, there are the
Cannes festivals, the year-round active city of Nice, global
sporting events in Monaco and of course the fashionable
St Tropez,’ explains Alex Balkin, director of Savills
Riviera. ‘Sailing, high-end shopping, excellent restaurants
and France’s second-busiest airport are all elements of the
attraction – and ski resorts within 90 minutes add an
increasingly dual-seasonal dimension.’
Another of Europe’s biggest tourist destinations is the
romantic city of Venice, which enjoys a nine-month
tourism season and as such is a good investment, says
Filippo Gaggia, director of Savills associate Views on
ENNISMORE STREET,
LONDON, UK
Low-built house with swimming pool.
Bedrooms 4 Bathrooms 4
Price £9,000 per week
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CICCHETTI:
A VENETIAN
TRADITION
Filippo Gaggia
chooses his best
bars for the
must-try tradition
of an aperitivo
with cicchetti –
the Venetian
take on tapas
Al Timon,
Fondamenta dei
Ormesini, 2754.
In a romantic spot
with tables by the
Ormesini canal,
this off-the-
beaten-track
bacaro attracts
a young, local
crowd
Cantine del Vino
già Schiavi,
Fondamenta
Nani, 992.
A classic for its
large selection
of cicchetti
prepared in front
of you by the
famous signora
Sandra, and its
great cellar of
affordable wine
Muro Venezia
Rialto, Sestiere
San Polo, 222.
In the trendy
market area near
the Rialto Bridge,
this is famed for
its fried fish and
wine Saturday
brunches
Osteria Ai Pugni,
Fondamenta
Gherardini, 2836.
In front of the
famous fruit
barge in Campo
San Barnaba,
this has a great
selection of wines
and sandwiches
77 Global Property Portfolio
P R E M I U M R E N T A L S
Venice. ‘It’s a small city with a lack of hotel rooms, so
there’s a very strong demand for rental properties,’ he
explains. ‘Sales prices are still relatively low, yet rental
rates are similar to London’s, so the yields are better. The
most popular request is for a two to three-bedroom
apartment with good views and a terrace in the San
Marco, Dorsoduro or San Polo districts. The Grand Canal
is the most sought after for high-end properties.’
In the Caribbean, Barbados is also benefiting from the
trend towards fully serviced rental properties rather than
hotel accommodation. The island offers some of the best
choice of beachfront villas that often come fully staffed
with chef, butler and babysitters.
‘While west coast beachfront is the most popular
request, there is also a demand for golf homes at Sandy
Lane and Royal Westmoreland, and tennis at Sugar Hill,’
says Sir Paul Altman, managing director of Savills
associate Altman Real Estate. ‘Part of the appeal of the
west coast of the island is that everything you need can
be found within a five-mile radius, including the best
beaches, wonderful restaurants and designer shopping at
Limegrove Lifestyle Centre.’
CAP D’ANTIBES, FRENCH RIVIERA
A contemporary house with terrace,
pool and staff accommodation.
Bedrooms 6 Bathrooms 6
Price POA
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CA’ DELLA LOGGIA, VENICE, ITALY
A spectacular piano nobile that sleeps
12, in one of the most impressive
Grand Canal palazzi in the city.
Bedrooms 7 Bathrooms 6
Price £2,100 per night
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PALAZZO ALVERÀ, VENICE, ITALY
Overlooking the Grand Canal, this
extraordinary property has two
terraces with superb views. Sleeps 15.
Bedrooms 7 Bathrooms 7
Price from £2,200 per night
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