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The location, facilities and services provided in the project, the investor’s name and the main operating units are the factors directly affect rental performance and profitability for project’s investor.
The type of hotel apartment targets mostly to tourists, so the favorable location and proximity to the beach will become one of the prerequisites ensuring the success for the project. Because most visitors are high-income people, they all choose beautiful location, even when the cost is quite expensive when travelling. This also means that prime location projects will be able to secure great revenue for the owner and high return on investment.
The complete facilities and services at Aloha Beach Village will greatly contribute to the increase in rental performance. Resort projects with unique items will often create impression to visitors and every time visit to that place, visitors want to save memories here. Besides, the project also owns unique services which will be travelers’ favorite stopovers, which also means that the retal performance of the project is always maintained at a high level, bringing big profit.
In any type of real estate products, the investor is always important factor because it determines the quality as well as the progress of the project. With the type of resort condominium, these principles are not exceptional, the investor selected should be one of the prestigious units and have been operated on the real estate market for many years. Experienced and reputable investors will be proved by the good products that have been handed over. It is one of the important factors that can help investors to believe in project progress and trust in the quality of the apartment of the project.
In addition, if the project is handed over on schedule, investors can lease soon to recover the capital. The quality of the project, in particular, does not only provide the owner with a valuable asset but also guarantees a rental rate, which gives it an effective profitability on investment.
In a new report issued by real estate consulting company specializing in hotels and resorts – Alternaty said, in the coming 2017 the hotel and resort market will show many positive signs. However, according to Alternaty, there are many investors trying to label the “hotel apartment” because the project they invest in is located at the tourist site but not dedicate enough attention on operation and management of the apartment as a hotel.
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