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Known throughout the world as ‘Holiday Resorts’ Ferienwohnungen is the German term meaning apartments as an alternative to hotel for the purpose of stay in apartments while on travel for rest and relaxation with family and friends. Even though the hotels across the world seem to give comforts on the basis of the services as expected by the occupier, the apartments available in the tourist center run by the traveler is getting more popularity. The global perception about the Holiday resort is getting popular, more so in the east due to the favorable aspects it has, regarding the low cost stay while providing high end comfort. Whatever comfort you enjoy at your home you can have at these resorts.
The dealers of real estate access vast area of land in vital locations and engaged in the construction of apartments offering the complete facilities akin to a hotel. People who can invest in these apartments are given opportunity to take apartment(s) by paying the required as capital. They can choose period say 7 or 10 days for stay in a year during holiday and occupy the apartment with family like their stay in hotel. The individuals are given accommodation on the days selected by them free of cost. When the owner is not occupying the apartment, the outside tourists are offered the resort for staying on rent and the revenue generated out of letting out the resort is shared between the investor and the resort management.
This is in brief the concept of Holiday Resorts also known as Apartments – a substitute for hotel stay. These are called vacation homes in many countries. Such Apartments are inexpensive and accessible very economically.
After investing in the resorts, the owner can advertise his apartment for rental or seek the maintenance team of the resort to get publicity through local media or internet. Building of such resorts are done in the locations having forest coverage as well as in coastal locations, having plenty of sightseeing opportunities. The return on investment is lucrative and it is assured at constant rate of increase in earning throughout the year. While you make a visit to such locations, you are able to economize on the expenses incurred in hotels to the tune of 95%. Similarly, if you happen to be in the native area, the apartment you own can help to obtain revenue by means of renting out.
In the US, apartment investment is a very profitable venture. The area is such that you can spend your holiday in the countryside for long walk, hikes or bike trips. Similar to a luxurious hotel, you can look forward to all the comforts in life in these apartments such as the gym, the swimming pool and several other comforts. Such apartments are fitted with the dishwasher, garden furniture, washing machine, electric gadgets etc. In order to have a stay for vacation in the US, these apartments are made available in Los Angeles near to Universal Studio etc., New York, Los Vegas, and California. In India and Singapore the apartments are termed as Holiday Resorts and investment is made by people in such resorts for a comfortable stay whenever they need and for making money as well.
Also gather more details on Ferienwohnungen and Urmo Belsito.