The demand for investing in hotel rooms is steadily growing every year at a quicker pace than the traditional residential properties. Today, many people are preferring to invest in fully serviced hotel rooms than the traditional ones. Many are choosing this type of investment because of it’s hassle-free way of earning income. Also many investors are realizing that serviced hotel rooms are becoming the top choice for business people and travelers to stay at. So If you’re thinking of investing in this business and buying a property to give it out for rent, consider investing in hotel apartments over the traditional residential ones. Continue reading this article to learn more about why investing in a hotel room is a better option for you.
What is hotel room investment ?
Hotel room investment gives you the opportunity to own a room in a hotel/apartment and eventually give it out for rent. The purpose of investing in a hotel room is to rent it out via a rental pool managed by a hotel operator. So if you’re looking for a hassle-free passive income, investing in a hotel room should be worth considering .The difference between a hotel room and residential investment is quite simple. Investing in a hotel room will guarantee you with a monthly income plus a capital growth in the future. However, investing in a residential property will only guarantee you with a capital growth but not necessarily with a monthly income in case you want to use it for renting purposes. So if you’re looking for a guaranteed rental yield or for something that will give you cash in your pocket for every month, a hotel room investment will be a better option.
Why invest in hotel rooms
Hotel rooms can offer a number of benefits that set them apart from the traditional investment properties
- High return on investment, usually guaranteed.
- Can be used for personal use too.
- Fully furnished , no need to worry about maintenance or repairs.
- Supervised by a hotel management company.
- Usually situated in a good location.
High return on investment — usually guaranteed.
Investing in a hotel room has many benefits. One of it’s main benefits is that once you lease your property to the operator, you will be provided with a guaranteed rental income usually every month. Moreover, investing in a hotel room means you are not just renting out your property but also owning it. For that reason, you can choose to sell it at any time you want.
Can be used for personal use too.
Another great thing about investing in a hotel room is that you’ll get to use it for personal use too! That being said, you’ll have the chance to stay in it too. In most cases, the operator will allow you to get 1-2 weeks of free stay per year for you to enjoy vacationing in your own property. And since the whole point of owning a hotel room is to make passive profit out of it, in most cases, the operator will agree to let you use your hotel room during low seasons.
Fully furnished , no need to worry about maintenance or repairs.
There are endless things to think about when furnishing an entire place from the ground up. Ideally, if you buy a traditional residential apartment, you will have to pay for the furniture then give it out for rent. But when you’re investing in a hotel room, you will get it fully furnished by the operator.That being said, you don’t need to worry about buying brand new furniture, planning the interior design or getting all the necessary equipment to furnish your room. Your property will have similar amenities to hotel rooms and even more. Plus, if something goes wrong, you don’t have to perform maintenance or repairs since everything is being taken care of by the operator.
Supervised by a hotel management company.
If you want to step into the commercial property market and not worry about managing rental pools and operations, investing in a hotel apartment might be the opportunity you’re looking for. Why? Because the operator will hire a hotel management company that will handle all the daily operations on your behalf. This includes; revenue management, sales and marketing, customer satisfaction, HR management, monitoring performance and strategic planning to increase your asset value and cash flow. However, in case of investing in traditional apartments, you as the owner will have to carry out all the operations by yourself.
Usually situated in a good location
When you’re planning on investing in hotel rooms, make sure they are situated in a good touristic location.The whole point of investing in a hotel rooms is to rent it out to tourists and ideally… tourists would want to vacation in touristic places. Moreover, in case you want to sell your property in the future, investing in a hotel room that is located in a strategic location will eventually bring you a high resale value for its exceptional location.
Why invest in Intra Hotel rooms?
- Located right next to Tsaghkadzor central square, intra hotel apartments are only a 3 min walk away from the famous Tsaghkadzor Marriott Hotel.
- Good for those who want to own a vacation home in an ideal location in Tsaghkadzor and make a profit out of it throughout the year.
- A property that combines usability, profitability, and revaluation.
- All the utilities, maintenance, and operational costs are covered and taken care by our expert hotel management company
- High return on investment of up to 12% or a guaranteed 8% ROI per year
- High resale value
- Free 3-week stay during low season
Become an investor-owner now with Intra and own your dream vacation apartment to generate passive and hassle free income every other month.