White sheets, helpful staff, new places and experiences - how can all this be combined with the fact that you are not paying for it? Hotel real estate has long been no less popular than offices, warehouses and other commercial objects. Don't worry, we will explain to you how to start your journey as an investor in a new field. Are you ready to get rich?
5 steps to 5 stars: hotel selection rules
Analysis of the market and its processes allows you to determine how profitable this or that investment will be. First of all, it is necessary to analyze the average load level and tariffs. Earlier we talked about seasonalityand how it affects changes in price and demand when buying, selling and renting real estate. It is also able to influence the success of the hotel business, centered around a certain type of recreation. Although the ski resort in the heart of Kyiv will be the only one of its kind, it will not become more profitable.
The presence of developed infrastructure nearby is equally important when choosing apartments and hotels. A city hotel should be located within walking distance from public transport stops and metro stations, from fashionable restaurants and affordable cafes. Proximity to attractions also plays an important role for out-of-town tourists and guests from other countries.
When choosing a location, it is important to focus not only on its convenience for future residents, but also on its legal purity. The intended purpose of the plot should correspond to your needs and the planned type of activity
How popular your hotel will be largely depends on the aesthetic component. Even when choosing a place for one night, many people prefer to start their morning with beautiful views of the city and conifers, not construction forests.
The last point is not so objective, but no less important - you need to imagine yourself in the place of the guest, analyze your needs and desires, which you would like to realize while staying in a hotel room.
Playing long or fast money - which approach do you choose?
Investing in real estate, be it residential or commercial, can be profitable in several ways. Choosing a future strategy depends on your personal preferences and current market trends. How would you like to manage your hotel?
- Buy and sell, sell and buy - this closed circle never gets boring and never loses its meaning. With each closed deal, you get back the amount you spent and add a few extra digits, or even zeros, to it. The advantage of this approach is the speed of obtaining the desired result and some excitement that you feel during the selection of an object and the search for a client ready to buy it. As in the case residential real estate, excessively frequent transactions may be accompanied by additional taxes. Sometimes you have to pay for being in a hurry. An important advantage of such tactics is the minimal amount of effort. you do not need to monitor the condition of the object because you skillfully transfer these concerns to the shoulders of its new owners.
- Will patience and hard work overcome everything? Apparently, we only need the first. The second approach will appeal to those who do not like extra fuss and nerves; to those who are used to going with the flow and reaping the fruits of the work already done. Passive income in the form of stable rent will flow into your pocket every month and gradually fill the void left by buying real estate. The payback of the object can reach 10 years, but all these years you will have a guaranteed profit and a valuable asset, in the form of square meters, which, if necessary, you can sell without waiting for a return of funds by renting them out.
- Why tear away your favorite object from your heart, if you can manage it yourself - if you have already bought a hotel, why not open it? Having your own business brings profit and satisfaction, because you will be able to realize your potential and make money from it, guided only by your vision, and not by the instructions of an autocratic boss. Sounds like a dream you can make come true.
You can easily implement any of these scenarios. With ours help, of course...
Reasons to invest in a new segment of commercial real estate
By expanding your horizons, you expand your opportunities. Investing in hotel real estate will bring to your life:
✅ stable rental income or instant profit from sale
✅ self-realization in your own business
✅ reliable asset
✅ constant flow of customers - business trips and banal tourist interest guarantee high demand
✅ profitability from rent in the amount of at least 8% per annum
✅ the opportunity to enjoy 5-star service in your own hotel at any time
Our country has proven itself to be a strong player in the field of world tourism, therefore, with the cessation of hostilities, the already considerable interest from foreigners will only increase. Contact us for consultation to welcome newly arrived tourists within the walls of your hotel.
