The recent shift of terming hotel apartments as residential might prove to be worthwhile for Islamabad real estate. With vacation homes being regarded as a distinct asset class, residential apartments are gaining more attention. This shift will benefit the buyers because of the increased returns earned on holiday homes when compared to the returns offered through individual-owned apartments. Real Estate is Islamabad is witnessing a huge influx of Hotel Apartments which is why you need to understand these factors.
Why Hotel Apartments?
Further costs with regards to refurbishing and renovations required for holiday homes are saved when developers sell out projects with decent finishing. Statistics indicate that a whole 10-15% of the property’s purchase price is generally consumed when residential real estate assets are converted into holiday homes.
Commonly in the cases where the operational charges are spiked, the bottom lines shrink. As a result, the owner ends up putting more money for maintenance and reconstruction during the span of time when he is ideally supposed to generate additional income.
A considerable benefit of residential apartments is that it maintains a steady Return on Investment (ROI) across both peak seasons. As for the investors, they can get access to capital growth at the time when they are selling the properties off.
In this situation, the need for brokers who are thoroughly focused on coming up with solutions that benefit investors instead of convincing them to face losses in terms of fallen ROI.
Beluxé Real Estate is an aspiring yet a prestigious real estate agency with special recognition for being the top startup company of 2022. Beluxé has maintained the title through continuously introducing new dimensions to real estate & luxury living in Pakistan. We gained our customers trust every step of the way in the field of Real Estate. We have available options for you in the field of Hotel Apartments.