If you’re considering a property investment, especially overseas, then you’ve plenty of options available to you. From traditional holiday homes, to shared-ownership schemes, to off-plan apartments, they all have their upsides and downs but one type of investment is increasingly becoming the alternative of choice – buy to let hotel rooms.
Buy to let hotel rooms, apart-hotels or condo-hotels, call them what you will but the concept is incredibly simple 마곡노래방. Hotel and resort developers offer individual investors the chance to buy hotel rooms within a high-end development. The investor sees an annual income from room rentals, benefits from capital growth and can even make use of the hotel room as a perfect holiday destination complete with all the benefits of a top-class hotel.
When you invest in a buy to let hotel room, your investment is less in the room but in the success of the hotel as a whole. Generally, buy to let suites and hotel rooms are pooled together so that you earn a percentage of the room rates across the hotel, not just on your own room. A single investment property may lie empty for months at a time, meaning lost revenues, but hotel rooms attract guests all year round.
When it comes to investing in any property, current markets can make it incredibly difficult to access the finance you need. These problems are only compounded when the property you want to invest in is overseas. When it comes to buying a hotel room, the developers and agents will likely have negotiated with a bank in advance to help prospective buyers along – the banks are often more willing to invest in the security of these types of developments run by experienced developers and management teams.