INVESTMENT IN HOTEL APARTMENT ARE BEING INTERESTED BY CUSTOMERS. BUT CURRENTLY THIS PRODUCT LINE IS HAVING SOME ISSUES THAT NEED TO KNOW.
WELCOME CUSTOMERS REFERENCES THE ANALYSIS BELOW OF CITY APARTMENT
Although the tourism industry is affected by Covid-19, legal factors have not been cleared, but many investors still expect the profitability of hotel apartments.
Apartment hotel tourism is known as a type of tourism real estate, a combination of apartments and hotel services. This model possesses two functions at the same time, creating a modern living space and a comfortable and luxurious hotel service. This segment has created strong investment waves in tourist centers such as Da Nang, Nha Trang, Phu Quoc, Ha Long, Sapa…
With low investment capital, stable profitability thanks to annual management and leasing activities, and commitment to profitability from investors, this segment has created a strong attraction, boosting potential for price increase. .
However, the massive development has caused the market to appear disparate products in terms of quality and lack of synchronous performance. In particular, many of them are in a state of “suspension” waiting for legal completion or limited ownership of 50-70 years. Plus the bad impact from the epidemic on the tourism industry makes this segment somewhat bleak in the eyes of investors.
If the legal issue is cleared, the market is controlled, will create a strong investment flow. In the world, this model has developed strongly in many countries such as the US, UK, Japan, Korea, Singapore, Thailand…
Specifically, in addition to the annual profit when entrusting leasing by an international operation management unit, after that trust period, the property will be returned to the owner for continued exploitation and lease. Or build an apartment to live in.