Having acquired a holiday let or decided to let out an existing property, the preparation required before the first guest varies depending on the property. If buying an existing holiday let, it may be akin to buying a trading business with everything in place, fully equipped with future bookings. At the other extreme, a property renovation, self-build or barn conversion will involve much more time and effort, but also gives the opportunity to create a holiday let with features which can increase bookings and the rental price.

This section looks at some of the ways a holiday let can be prepared and presented whatever their current state and condition.

New-build and renovation projects provide an exciting opportunity to create a stunning holiday home and lay out the property to offer a great holiday experience. One of the key selling points of a holiday property is the views from the property, be they coastal, on a river or lake, or over countryside. Careful thought to the property layout, and where the living room and master bedroom are positioned to enjoy any views can increase the 'wow' factor and bookings. Similarly open plan living spaces allow the holidaying party to be together rather than in a separate rooms during meal preparation, en-suite bathrooms give a degree of privacy and convenience and outside seating areas such as patios and balconies will appeal in the summer months.

Property size or more specifically party size needs to be considered to optimise income. Self-catering is appealing to groups who want to holiday and spend time together, and defining the sleeping arrangements and maximum party size can have an impact on the price. Cramming beds, bunk beds and fold out beds into rooms may seem like an easy way to earn more income, but bear in mind the party need to have sufficient seating in the living and dining areas, and may require multiple car parking spaces.

Much can be done with the decor to appeal to potential guests by choosing modern, neutral colours for walls and furnishings, installing labour saving devices in the property such as a dishwasher, washer/dryer, and installing quality entertainment amenities such as a good quality TV, digital radio or games console. keeping children (and adults) occupied during periods of inclement weather will go a long way to a relaxing and enjoyable holiday.

Also bear in mind wear and tear when preparing a property, where laminate flooring in the living rooms will be more durable and easier to keep clean, and think about the maintenance of cleaning a real log fire versus the appeal to guests.