A beautiful cabin surrounded by hills and fields

Industry insights

Where to Buy a Vacation Rental in 2024: Top Destinations to Consider

6 Feb 2024

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By Sophie Eminson

Owning a vacation rental is an excellent way to generate passive income while also having a place to escape to whenever you want. However, if you're looking to buy a new vacation rental in 2024, you might be wondering where to start. With so many destinations to choose from, it can be overwhelming.

So, we've put together a list of the best UK holiday destinations for the year ahead, according to Timeout, CN Traveller, and Country Living. Read on to explore some fantastic places to invest in a vacation rental.

Unspoilt areas

If you're looking for an off-the-beaten-path location, consider the Isles of Scilly or the Scottish Highlands. These unspoilt areas are attracting more and more travellers who are seeking remote getaways. To appeal to small groups of travellers and couples, we recommend finding a unique property designed for 2-4 guests and offering discounts for those travelling alone.

Average house prices
Isles of Scilly - £529,000
Scottish Highlands - £200,000

Bustling cities

Alternatively, if you're looking to invest in a rental property in a bustling city, Belfast, Hull, and Edinburgh are the destinations to watch in 2024. These cities are attracting many tourists with the desire to discover something new. A property in the heart of these cities can be attractive to travellers looking for an immersive experience.

Average house prices
Hull - £124,000
Edinburgh - £334,000

Seaside towns

Nothing beats a trip to the seaside, and we recommend investing in larger properties in towns such as Beaumaris, Blackpool, or Brighton if you're looking to attract families and younger groups. These places have a lot to offer, from fishing trips to amusement parks, and can be ideal for accommodating larger groups.

Average house prices
Brighton - £500,000
Norfolk Coast - £300,000

Up-and-coming towns

With places like Lewes and Wexford Town being home to museums, historical sites, and cultural spaces, there are endless opportunities to offer properties for travellers to visit. These up-and-coming areas offer a unique experience and can be an excellent investment opportunity for those looking for something unique.

Average house prices
Lewes - £575,000
Abergele - £95,000

Endless scenery

If you're looking for a vacation rental with a view, consider investing in Llanberis in Wales, Worcestershire or St Andrews. These locations offer stunning scenery, with many rental options, including glamping pods, waterfront cottages, and woodland cabins. Travellers are enjoying day trips to botanic gardens and local tourist sites while retreating to the luxury of their own space.

Average house price 
Llanberis - £212,000
Worcestershire - £321,000

Investing in a vacation rental in 2024 is an excellent way to generate income while having a place to escape to whenever you want. Whether you're looking for an off-the-beaten-path location or a bustling city, the UK has something to offer. Consider investing in unique properties, offering solo traveller discounts, and larger properties for families and younger groups. With endless options, you can find a location that offers stunning scenery, cultural experiences, and exciting attractions. So, go ahead and take the plunge!



A beautiful cabin surrounded by hills and fields

Start, promote, and manage your rental property with Travelnest

  • Global exposure

  • Guest messaging

  • Payment processing

  • Smart pricing

  • Calendar sync

  • Travelnest Direct

  • On-hand support

  • Management dashboard

Start, promote, and manage your rental property with Travelnest

  • Global exposure

  • Guest messaging

  • Payment processing

  • Smart pricing

  • Calendar sync

  • Travelnest Direct

  • On-hand support

  • Management dashboard

Start, promote, and manage your rental property with Travelnest

  • Global exposure

  • Guest messaging

  • Payment processing

  • Smart pricing

  • Calendar sync

  • Travelnest Direct

  • On-hand support

  • Management dashboard

Start, promote, and manage your rental property with Travelnest

  • Global exposure

  • Guest messaging

  • Payment processing

  • Smart pricing

  • Calendar sync

  • Travelnest Direct

  • On-hand support

  • Management dashboard