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The Easiest way to afford a holiday home in the West Country


Midas Homes, responsible for a number of award-winning property developments, has teamed up with Blue Chip Vacations, the South West’s leading four and five star rated self-catering holiday agency, to offer people the opportunity to own their own holiday home.

The dream of many, to own a home by the sea, may be more easily realised than most might imagine. Letting out a property as a holiday home, when it is not in use, can generate a lucrative income and provide a higher annual return than any long term letting.

Andy Addison, Sales and Marketing Director for Midas Homes’ East Devon and Wessex area comments: “A holiday home is an investment that can pay for itself, give you a great place to stay when you want a holiday and it might even be the place you retire to. However the market for self catering holiday properties has changed dramatically over the last few years with holidaymakers now expecting high-end properties rather than a leaky cottage.”

If location is key, along with high quality finishing, then the new builds by Midas Homes fit the bill, although Andy Addison doesn’t take lightly the work involved in letting a property to holidaymakers. “Owning your own holiday home is great fun” he continues, “but there is a lot involved, which is why we work alongside Blue Chip Vacations whose experience of the holiday market is second to none.”

Liam Gavin, Managing Director, Blue Chip Vacations adds, “We have developed our marketing strategy alongside the changes in modern technology and the new trends that these changes have led to within UK holiday bookings. In general terms we would expect to let an established, well-located seaside property in excess of 30 weeks per year, and less well-situated properties around 20 to 25 weeks. Overall though, it is all about working as a team, we work with owners, providing any support they need, whether it is with property management, interior design or just capitalising on their investment for them.”

“The modern family taking a break in the West Country wants a comfortably furnish, attractively decorated place to stay.”

One of the most successful collaborations between the two companies has been the Moorings Reach development in Brixham, a luxury development of apartments and houses directly on Brixham Marina and harbour. It is the ideal place to relax and watch the boats enter and leave the harbour whilst enjoying the high standard of internal décor throughout. Brixham centre is a short walk along the water’s edge, as is Breakwater Beach in the other direction. Blue Chip Vacations currently manages 22 apartments within the Moorings Reach development, including:

60 MOORINGS REACH, Brixham, sleeps 6 and is a 3 bedroom apartment with sea views from the lounge and master bedroom.
Week of 19 to 26 July - £1,041
Week of 13 to 20 September - £594

32 MOORINGS REACH also sleeps 6
Week of 12 – 19 July - £871
Weeks of 19 to 26 July and 9 to 16 August - £1,041pw
Week of 6 to 13 September - £671

55 MOORINGS REACH sleeps 4 and is based over two floors across the central crescent of the complex.
Week of 5 to 12 July - £612
Week of 19 to 26 July - £731
Week of 30 August to 6 September - £471
Week of 13 to 20 September - £417

Midas Homes is an established housebuilder in the South West and its property portfolio currently includes a range of one, two, three, four and five bedroom properties, from luxury apartments to family homes, new build to refurbishments.

Blue Chip Vacations & Midas Homes have co-produced a leaflet advising on ‘Buy to holiday let’, for a copy of the leaflet visit the website:


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