Tag Archives: decor

BUYING VACATION HOMES – WHAT ONE MUST CONSIDER!!!

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There’s a cold nip in the air. The festival lights that flicker like a pack of fireflies with the setting sun as the backdrop create a bokeh of memories that lead our thoughts in one direction- a holiday to a land far far away. Our hypothesis for such strong emotions is that these colourful lights seep into the essence of our being and stir deep seated emotions that are tantamount to relaxing holidays in far flung places; reasons that definitely push financial considerations into the background. And why not? The best vacation properties offer something right out of a Hollywood film (in our minds at least) – a view of the vast expanse of the sea, a mountain vista, a wooden cabin overlooking thick groves or a dock on a lake. Also a great retirement head start and an awesome, low cost destination for gatherings.

But flowery, quixotic dreams apart, before you invest in a vacation home keep in mind that you don’t have to buy the ultimate beach house with the high ceilings and French windows. It’s OK to start small. And also, it’s better if you don’t flow with emotions and spend more than you have to spare.

So what should you keep in mind before buying that ultimate vacation home which you would like to revisit every year?

Look for a place within three hours’ drive of a major metropolitan area or where you stay. Longer distances with difficult roads make weekend trips a pain. And this might turn you off from a visit to your vacation retreat.

Overenthusiasm could be a curse in the long run. Sometimes an investment opportunity seems so tempting that you can barely contain your enthusiasm. But buying a vacation rental property involves real estate, and it’s not like online shopping of shoes with 30-day return policies. So keep in mind your cash flow, the location, resell value etc.

The allure of vacation investment property is unmatched. One of the reasons is that whether you’re a skier, a lover of the beaches, or someone who dreams about fishing for 12 hours a day and scuba diving for the rest, there are homes available to meet a wide range of budgets/interests. Also vacation homes have long term profits. While all assets fluctuate in value in the short term, these properties retain their value mostly and even appreciate, simply because they are located in touristy/beautiful areas. So if you want to come back home with more than just a tan, a few souvenirs, instagrammed stories and a big hole in your pocket, take a soulful dip into the real estate world of vacation homes.

Here are some investment tips that you should keep in mind before buying a vacation home:

Buy only what you can afford even if you consider your vacation home as a potential way to earn income. View the home as a form of recreation, not an investment.

Buy an existing home instead of land.

Work with an agent who knows the area.

Research all four seasons before you buy.

LIGHT UP WITH DIWALI

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Thousands of revelers beat drums and dance. Thousands more offer their prayers to the goddess of wealth. There are smiling faces everywhere. Diwali is one festival that illuminates people’s hearts and lives with myriad colors and lights. Diwali is important not only for its religious significance, but also for the happiness of getting together with friends and family. In the society, the celebration of Diwali brings the community together and enriches joyous moments among its residents. While a special puja dedicated to Goddess Lakshmi is an indispensable part of the day, home decoration is integral too.

For NRIs who travel home to celebrate the occasion with their closest friends and family and end up scratching their head in confusion looking at the wide array of decorative items at malls and big discounts getting bigger with the approaching day, here are a few tips.

Lamps (Diya)
There is a reason why Diwali is popularly known as the ‘festival of lights’. No Diwali decorations can be thought of without considering diyas. This time, paint the earthen lamps or embellish them with sequins, beads, minakari work etc. to give them the chic look. Panchmukhi floral diyas can be painted as per your own DIY styles too.

Candles And Lanterns
Diwali lanterns or ‘Aakash Kandil’ create the perfect festive ambience. You may get floating candles as well to float in varied colors on urns filled with colored water. Use as many colored stones, glitters and mirrors to add to your Diwali mood. For something unique, light charcoal in terracotta pots lined with foil to make them look like unique lanterns.

Rangoli
Rangolis, colorful designed made on the floor, is a traditional Diwali decor. Be creative with Rangoli and use mirrors and embellishments. Mix and match your rangoli designs with the areas of your house that scream contemporary.

Flowers
Flowers are the best decorative items. Pick garlands of colorful flowers like rose, marigold, jasmine etc. and fix them along your stair handles to create a festive ambience. Combine string of lights with flowers to add to the elegance. Use old and traditional copper and brass urns a vase with a bunch of lotus buds and fully blossomed flowers.

Bandanwars

Bandanwars are a traditional decorative for the festival of Diwali. Hang up a bell at the entrance to your house and wrap strings of colored lights for added effect. Let the visitors ring it instead of the electric door-chime for the festive feel. You can also use wind chimes.

Diwali is one auspicious occasion when most Indians splurge on high net worth items, mostly houses. Whether you are buying a new house or not, don’t forget to decorate it with all your heart. Once you are done, set up an al fresco dining for them to enjoy the view of the night sky filled with fireworks. We wish you a safe and happy Diwali.