The serviced apartment and condo hotel concept is a fairly new concept to UK investors, but is quickly becoming one of the most popular and profitable ways of owning overseas property. The concept which began in Europe in the late 1950’s combines the rewards of property ownership with the privileges and facilities of a World Class Resort.



Greg Walters of UK based Off Plan Property Abroad Limited explains the concept:

“ It is simple and one that investors and holiday home buyers are snapping up in huge numbers".

“A typical buyer can purchase a property within one of these developments and will have full deeded ownership of the property, with the difference from a traditional property purchase being that once complete, when the owner is not using the property they have the option of placing the unit into the Resorts Rental Management Programme"

“The property owner then receives a share of the room revenue generated through the rental of the property, allowing you to enjoy your property when you want to and have your investment working for you"

The advantage of being able to place the property into a management programme is that you can capitalise on a well known resorts name recognition, advertising, national affiliations, centralized reservation system and management expertise and property owners typically receive a higher level of income than they would from a traditional holiday home.

As part of the rental agreement, the resort management programme pays for most of the operating expenses such as house keeping, administrative and marketing costs. The investor can sit back and watch their investment grow and produce a profitable income and positive cash flow and the property can be sold or transferred at any time, just like normal property ownership.

The Hospitality Industries premier names such as Ritz Carlton, Virgin, Elegant Resorts, Four Seasons and Hilton are names all associated with the management of these types of schemes, and in fact around 90% of all hotels in the Caribbean and Mexico are Condo Hotel.

So here are the benefits of investing in a Fully Managed Resort Developments:-

•The investor owns the property and can sell it at any time at market value.

•Investor receives a share of the room revenue typically between 50% and 60% per year.

•No need to worry about renting out your property.

•Have the advantage of a global recognised brand and professional worldwide marketing of your property.

•Operating expenses are taken care of by the management company.

•Resale of the property will potentially be easier as it is more profitable than a normal property.

•Investors can use the property free of charge during the year normally up to 30 days.

•Easy to finance, banks like the Condo Hotel concept and see this as low risk.

Overseas Investment Property Specialists, Off Plan Property Abroad Limited currently have a number of developments based on this concept, Fully Managed Resorts in excellent locations for investment.

If you are looking to purchase an overseas property call 0044 121 314 8110 or email info@offplanpropertyabroad.com