Hotel room mortgages for professionals
Professionals keen to find a hassle-free alternative buy-to-let investment should consider purchasing hotel rooms.
This is the latest advice from buy-to-let hotel company GuestInvest, which recommends such a purchase because it doesn't entail heavy management requirements.
According to This is Money, owners of hotel rooms can receive 50 per cent share of the rooms profits and use the room for up to 52 nights per year.
GuestInvest chief executive officer, Johnny Sandelson, said: "Investors are guaranteed a six per cent return during the hotel's first year of operation."
"The returns are also set to be higher than commercial property as the hospitality industry is expected to perform better than commercial property over the next few years," he added.
He continued to explain that a hotel room purchase can even be used as part of a Self-Invested Pension Plan (Sipp).
The market is also set to expand, with CatererSearch reporting plans to build two more London hotels for the purposes of buy-to-let investment, reports Assetz Property News.
This is the latest advice from buy-to-let hotel company GuestInvest, which recommends such a purchase because it doesn't entail heavy management requirements.
According to This is Money, owners of hotel rooms can receive 50 per cent share of the rooms profits and use the room for up to 52 nights per year.
GuestInvest chief executive officer, Johnny Sandelson, said: "Investors are guaranteed a six per cent return during the hotel's first year of operation."
"The returns are also set to be higher than commercial property as the hospitality industry is expected to perform better than commercial property over the next few years," he added.
He continued to explain that a hotel room purchase can even be used as part of a Self-Invested Pension Plan (Sipp).
The market is also set to expand, with CatererSearch reporting plans to build two more London hotels for the purposes of buy-to-let investment, reports Assetz Property News.
