Are you looking for a savvy investment avenue that’s not just about stocks and bonds? Then, serviced accommodation can be a promising sector to invest in, offering a fresh take on real estate. Let’s explore what serviced accommodation is and why it’s catching the attention of investors.
What is Serviced Accommodation?
Serviced accommodation (SA) is like a hybrid of hotel service and the comfort of a home. Think fully furnished apartments or houses ready for short or long stays. Instead of the regular cookie-cutter vibe of hotels, this is about space, comfort, and flexibility. It’s your home away from home but with the perks of a hotel.
Offering the best of both worlds to visitors, serviced accommodations have become more popular than standard hotel rooms. For example, in the UK, serviced properties witnessed an occupancy rate of 81%, outperforming hotels that had 77% occupancy rates.
This popularity makes them a lucrative opportunity for real estate investors. Today, seasoned realtors Trevor Henry and Greg Coles will share their insights on how SAs can offer investors several benefits that are missing in standard real estate.
Why Investors Love It
Steady Income Stream: Trevor highlights that serviced accommodation can be a cash flow goldmine. With short-term rentals, you’re not waiting around for monthly checks. It’s a constant stream of income from the steady flow of guests.
Location Magic: Greg points out the power of location. Serviced accommodation in hotspots like London can be a magnet for travelers, translating to higher demand and potentially higher rental rates.
Flexibility for Investors: Forget the rigid rules of traditional renting. Serviced accommodation allows you to pivot with the market. Greg notes that you can switch between short and long-term rentals based on what’s trending, ensuring your investment adapts to changing demands.
Outpacing Traditional Rentals: Serviced accommodation can outshine traditional rentals when it comes to returns asserts Trevor. The ability to charge premium rates for a fully equipped, hassle-free stay attracts both business and leisure travelers, making it a win-win.
Reloc8 Em: A Gateway to Serviced Accommodations
So, while SAs can prove to be profitable for investors, many might not find the right path to enter the market. To solve this problem, Trevor and Greg have launched Reloc8 Em.
This company offers a hands-off approach to SA investment, offering properties in bustling tourist centers like London and Dubai. It offers investors up to 12% fixed returns every month from a 300-unit-strong portfolio. Plus, they claim a year-round occupancy rate of 96% across these units.
The realtor duo is also planning to launch an educational hub to educate both realtors and investors on how the SA model works and how it can benefit both parties.
Investors can contact the team here to learn more about Reloc8 Em’s offers.
Final Thoughts
Serviced accommodation isn’t just a place for travelers to rest their heads; it’s becoming a hot ticket for investors seeking a dynamic, income-generating venture. With insights from real estate gurus like Trevor Henry and Greg Coles, it’s clear that this hybrid of
hospitality and real estate has the potential to unlock exciting returns.
So, if you’re ready to step into the world of property investment, consider the appeal of serviced accommodation – where comfort meets cash flow.
