Hotel Apartments – A Smart Investment Choice in 2020?
With 2020 turning out to be quite a year, there are several questions lingering over the real estate market today. For one, should the current situation be seen as an opportunity or a warning? Secondly, if it is presumed to be an opportunity, what would be a good investment choice in the current scenario – residential or hotel apartments?
Property Finder, a leading property portal in Dubai, reported how off-plan property escaped the pandemic with a total of 2,327 units valued at AED4.72 billion ($1.29bn) were sold in June 2020, while off-plan sales stood at 1,072 units worth AED1.36bn ($370.27m).
This could be a good sign for those looking for something to safeguard their wealth over time. With the hotel industry slowly rising out of the lockdown, it looks like the iron is hot for those who would like to strike now. Investing in your luxury hotel apartment in Dubai, makes the right choice as by the time the hospitality industry is in full swing, your property will fruity and you will reap the benefits. Waiting now, means you would have missed the opportunity for two reasons – the prices will never be this low and the not a lot of choices will be available too, as all the premium hotel plots, like SAAM Vega by Falconcity, would have been fully booked.
So you not only will shell out a large amount, you also won’t get the property of your choice.
Luxury Hotel Apartments like SAAM Vega in Dubai, is the best choice for many investors around the world as it brings many benefits under one roof. It is not only a fully serviced hotel apartment operated by an international hospitality chain, it also offers a high ROI and a luxury getaway experience with world-class amenities, offering stunning views. UAE is known for its love for luxury brands and SAAM Vega is the premium choice for those who seek to celebrate their success in style.