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. 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.
So if you're considering a property investment, overseas or closer to home, could a buy to let hotel room be the right option for you? Well, here are five good reasons why it might be:
Buy to let hotel rooms can help reduce your exposure to risk
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.
