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| ABOUT TOURISM |
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You are here: Motels Investment |
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About Tourism |
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| Motels Investment |
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Investment: Money put in property or other ventures with the expectation of making a profit, with sufficient security to return and protect the capital; not speculation.
An Investment Motel is the sale of a Motel property with a lease in place.
The average return on purchase price here is between 8% and 10% net.
The tenant usually pays all outgoings and must maintain the property at the current star rating.
The investor Owner is usually only liable for structural costs - damages that are usually covered by insurance.
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