Buying rooms at a hotels today is one of the most popular ways to invest in commercial real estate in Florida. Many owners use their property in the resort for only 1-2 months, and in the rest of the ...Show more
Buying rooms at a hotels today is one of the most popular ways to invest in commercial real estate in Florida. Many owners use their property in the resort for only 1-2 months, and in the rest of the months they prefer to rent out their apartment. From this point of view, the apartment hotel model is almost ideal. The management company takes care of renting the room, as well as the entire financial and legal part. The owner is left with the most pleasant thing - to relax on the shores of the Atlantic Ocean in his own room, when the opportunity arises, and the rest of the time - to make a profit, which in Miami is quite high and varies from 4 to 6% per annum. The management company monitors the condition of the room, keeps records on the occupancy of real estate, and so on. The hotel forms its own fund, where funds are accumulated for the subsequent renovation of the hotel or necessary amendments.
Located in the finest Miami hotels, these spacious rooms with panoramic ocean views are in high demand in the Florida real estate market. The owners receive the unrivaled service of a 5-star hotel and relax in their own oceanfront apartment with access to all hotel services and infrastructure. The hotels collected in this collection offer the following range of services: spas, beauty salons, indoor and outdoor pools, parks with recreation areas and landscaping, private beaches, private parking lots, luxury restaurants and bars, tennis courts and basketball courts. The rooms have high quality finishes, custom-made furniture according to hotel standards, beautiful fully equipped kitchenettes, equipped bathrooms and of course their own terraces.
For each property offer, we have tried to make an approximate profitability calculation, which clearly shows what costs and benefits you can expect depending on the room rate.