Singular Residence Hotels: The New Investment Model in the Caribbean
You already know it: there’s a new investment model in Playa del Carmen. Vacation rentals are a great way for your property to make capital gains and a good ROI, and with the Residence Hotels or Condo Hotels investment model, the financial advantages you will have as a property owner are even better. Want to know more details?
Singular Joy and Singular Dream are two Singular Residence Hotels’ projects now running. They allow you to be an owner of a luxury hotel unit which you can enjoy for your own pleasure 90 days a year, and rent out the rest of the year thanks to the Singular staff management. The ROI projection ranges between 8-12% per year. That’s great, isn’t it? It sure is, taking into account the vacational rentals market’s ROI projection ranges between 8-10%, and the hotel occupancy rate is 20% above that of vacational rentals.
Singular condo hotels comprise 1, 2 & 3-bedroom units, each one with a Lock-off option which allows you to use or rent them separately. Singular’s units are smaller than regular condos, and are delivered completely furnished and equipped, ready to be occupied by customers. Singular is a key-in-hand project.
What are you waiting for? Get a luxury hotel unit in one of the trendiest places of the world. Learn more about this business model’s advantages over the classic real estate options and vacation rentals programs!