Luke Hemmings. Interiors. January 10th , 2018.
It is definitely cheaper compared with regular hotels. If you are going to average it based on the number of occupants and days, you get better bargain. In addition, the price of rent is fixed and you do not need to bother about service charges and other taxes. Vacationers find the home atmosphere convenient and the kitchen feature is a blessing as they will not worry about spending more money for tips and other service charges once they use the kitchen to cook their own food.
Travelling in groups is never more fun. The downside of using hotel rooms is the fact that there are limited number of occupants allowed per room. With serviced apartments, your group can stay in one place; thus, there is no need to knock on many doors just to meet and talk with them. Serviced apartments or furnished suites also have living rooms where you can stay and spend time away with your group.
Who knew apartments required good credit before giving you a lease? Many unsuspecting bad-credit-applicants have realized this fact the hard way. I know I did. Turns out apartments view a lease as a loan. If youre seeking a 12-month lease on an apartment thats $800 a month, youre essentially taking out a $9600 loan that you repay over a period of a year. If youre late, youll get a late fee. If youre too late, theyll repossess the apartment. So in that sense, I guess it is a loan.
Many people really prefer furnished apartments as they provide a few distinct advantages including better ROI and better tenants. But before you decide if a furnished apartment is the best investment decision to make, you have to be attuned to your target market, the demand for this type of rental apartment, as well as the location of your property as these are very important things to consider.
Any content, trademark/s, or other material that might be found on this site that is not this site property remains the copyright of its respective owner/s. In no way does ISHTR claim ownership or responsibility for such items, and you should seek legal consent for any use of such materials from its owner.