Buy a Hotel Room
Buy-To-Let Hotel Rooms
Fancy earning money whilst others sleep?
Fancy owning a city pad that’s yours when you need it and that makes money when you don’t?
If so, then buying and letting a hotel room can provide the healthy investment you’re looking for.
Thanks to property investment specialists, GuestInvest, investors now have the opportunity of buying a luxury hotel room in Central London which they use free of charge for 52 nights a year and receive 50% of its rental income from its use during the rest of the time.
GuestInvest will manage and market the room on your behalf so that you truly have a simple and hassle-free property investment.
The company’s debut hotel, Guesthouse West in Notting Hill, sold out within weeks and since its launch in 2004, room owners are seeing returns of more than 6.9%. Investors that have since sold their rooms are benefiting from a capital appreciation of at least 10% on an average purchase of £235,000 per room.
Their second hotel, Nest in Bayswater, is due to be opened towards the end of the year once refurbishment is complete and over 70% of the rooms have been sold already.
Nest is located in a grand neo-classical building just a few minutes walk from Hyde Park, Notting Hill and Paddington Station.
This stunning hotel has been designed with care and craftsmanship and each room provides a beautiful and tranquil haven away from the flurry of the outside world.
Every investor at Nest will even have the chance to choose their own bed from the world-famous Savoir Beds range for the perfect night’s sleep.
All rooms have wall-mounted widescreen television, DVD player, broadband internet connection and climate control.
On the back of this success, GuestInvest have added a third hotel to their portfolio, The Chiswell Street Hotel in the City of London, to be opened this year. Rooms are available for sale from £270,000 for a 999-year lease.
Visit http://www.guestinvest.com/
Following on from the success of GuestInvest, other companies are slowly jumping on the buy-to-let hotel room bandwagon.
Four Pillars, the independently owned hotel group based in Oxfordshire, is offering a rare investment opportunity to purchase a holiday apartment which can be let as hotel accommodation.
The 63 Watersmeet apartments form part of the Four Pillars Hotel and Spa development in the heart of the Cotswold Water Park, a Lakeland area of outstanding natural beauty.
The £40 million 4-star lakeside hotel with full spa, restaurant, leisure and entertainment facilities will open in August this year, and the apartments will be completed by summer 2008.
Apartments are competitively priced, ranging from £130,000 for one room and from £275,000 for three rooms, many including balconies overlooking the lake.
The Watersmeet investment opportunity is believed to be the first of its kind in England.
For up to 90 days each year the apartment can be used by the owners in the holiday seasons or at weekends.
For the rest of the year, through a 5-year renewable agreement, Four Pillars will let the apartments either as hotel or accommodation on behalf of the owners.
The rental proposition of this pioneering buy-to-let opportunity offers owners 60% of revenue, and the apartment income is paid individually to owners – there is no pooling of income.
The management charge covers the cost of all lettings, service and maintenance arrangements and fit-out is inclusive within the purchase price.
Owners can sell their apartment in the open market at any time.
Four Pillars Group Chairman Brian Murtagh is looking forward to the new venture: “This is a stunning location with excellent transport links and we’re extremely pleased to be the first hotel group in England to offer potential buyers such an attractive investment opportunity.”
Visit http://www.cotswoldwaterparkapartments.com/ for more information.
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