Investing in Apart-Hotels

Sunset, Margarita Island, Venezuela

In the current financial climate, investing in apart-hotels is said to be becoming an increasingly attractive method of buying property for the long term while making money in the short term.

While there are numerous ways to buy property, be it leasehold, freehold, via fractional ownership or as part of a syndicate or fund; investing in apart-hotels enables investors to make a long term investment while accumulating money in the short term.

Apart-hotels can prove to be cheaper than staying in a traditional hotel yet combine the benefits of serviced hotel living with the flexibility and space of an apartment. Stays are booked through familiar hotel booking systems, and expected hotel services such as room and maid service are available.

Apart-hotels are reported to be proving particularly popular with businesspeople working overseas, families on holiday wanting additional space, privacy and the option of self-catering, and people in the early stages of relocation.

The new Caracola Beach & Spa Resort on Isla Margarita is such an apart-hotel development which is appealing to investors looking to capitalise on Isla Margarita's burgeoning tourism market.

A small island off the Venezuelan coast, Isla Margarita boasts sandy beaches and plentiful sunshine. It is becoming increasingly popular with Europeans and Britons in particular, who are now the third most important overseas tourist market.

The 50 plus beaches dotted around the 106 mile coastline, coupled with the fact that 94% of days feature at least six hours of sunshine, make the island an affordable and attractive alternative to the traditional Mediterranean destinations.

The island is easily accessible from Europe, North, Central and South America. Visitor numbers were 2.3 million in 2007, a high figure compared to the population of just 436,000.

The island is famous for its water sports, particularly kite-surfing and windsurfing, and also boasts tax-free shopping, an 18-hole golf course, scuba-diving and snorkelling facilities, as well as hiking among the varied scenery which ranges from mountainous rainforests to sand flats.

"Isla Margarita is a beautiful, tropical destination and our Caracola Beach and Spa Resort is set to take advantage of the expected increase in travel and tourism to this exciting Caribbean island," says Mark Andrew, the managing director of Emerging Earth.

"The apart-hotel is an excellent way of combining the benefits of the apartment and hotel experience and investors can be sure to yield high and consistent returns well into the future."

For more information, visit www.EmergingEarth.com

Information courtesy of AB Property Marketing Ltd., and Emerging Earth

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