Is ‘buy to use and let’ a sustainable financing model for holiday properties? Our hospitality expert Orlando Steiner and Fabio Marchesin, founder of the finance blog “Finanzfabio”, answer these questions in his latest podcast ‘Let’s talk about money’, using the example of the serviced apartment resort Peaks Place in Laax.
At Peaks Place in Laax, you can not only rent apartments, but also buy them. By purchasing one of the 74 managed apartments, buyers are opting for an attractive refinancing strategy. With the «buy to use and let» concept, the operator takes over the rental of the apartments during the period when the owner is not using them themselves. This ensures constant rental income for investors.
But how is this model financed, how much equity is actually required and how often can the apartment be used privately? Hospitality expert Orlando Steiner discusses this with «FinanzFabio» in his latest podcast: «Let’s talk about money».
As the operator of Peaks Place, Quant is responsible for management and ensuring operational management in all areas. In addition, Quant is an innovation and project workshop focused on the development of serviced apartment resorts. What exactly is important in the development of serviced apartment resorts, what are the dos and don’ts, and what critical success factors need to be considered during development?
The following white paper on serviced apartments provides an overview and summarises the most important details.
