Cost of Owning a Holiday Home

The cost of owning a holiday home is one of the most important factors to understand before you start viewing properties.

If you are searching for information on holiday home ownership costs, you are likely close to making a decision. This guide explains the upfront purchase costs and the ongoing annual costs at a high level, so you can assess affordability before moving on to listings or enquiries.

For clarity, this page focuses on park-based holiday home ownership, such as static caravans and holiday lodges, rather than second residential homes.

Upfront costs when buying a holiday home

The first cost to consider is the price of the holiday home itself.

Purchase price

Holiday home prices vary depending on:

•    Whether the home is new or pre-owned
•    Static caravan versus holiday lodge
•    Size, layout, and specification
•    Location and pitch position within the park

Pre-owned holiday homes are typically more affordable upfront, while new holiday homes cost more but come with modern features and warranties.

Included and optional extras

Purchases include:

•    Delivery and siting
•    Connection to utilities

At St. David's Leisure other extras may be optional or charged separately, such as decking. It is important to understand what is included in the advertised price.

Ongoing annual costs of holiday home ownership

In addition to the purchase price, owning a holiday home involves ongoing costs that apply each year.

Site fees

Site fees cover the cost of keeping your holiday home on the park and typically include:

•    Pitch rental
•    Park maintenance and groundskeeping
•    Access to shared facilities (where applicable)

Site fees vary by park and location and are usually paid annually.

Utilities

Owners are responsible for utilities such as:

•    Electricity
•    Gas (if applicable)
•    Water

Usage depends on how often you visit and the type of holiday home you own.

Insurance

Holiday home insurance is required and covers:

•    The structure of the holiday home
•    Fixtures and fittings
•    Public liability

Insurance costs vary based on the value and specification of the holiday home.

Maintenance and upkeep

While holiday homes are lower maintenance than residential properties, you should still budget for:

•    General wear and tear
•    Servicing of appliances
•    Exterior upkeep

New holiday homes typically have lower maintenance costs in the early years.