Serviced Apartments are bad investments. Why? For the following reasons:

1. Lenders have massive restrictions by way of LVR and policy

2. Valuations fluctuate normally due to a lack of comparable sales

3. Capital Growth is limited due to the above points

Some lenders have further restrictions whereby they will not lend if the Serviced Apartment (SA) does not allow for the owner to reside within the unit. All lenders will require that the SA be fully contained which means Kitchen and Bathroom.

Leave a Reply Cancel reply

Enter your comment here...

Fill in your details below or click an icon to log in:

Email (required) (Address never made public)

Name (required)

Website

You are commenting using your WordPress.com account. ( Log Out /  Change )

You are commenting using your Twitter account. ( Log Out /  Change )

You are commenting using your Facebook account. ( Log Out /  Change )

Cancel

Connecting to %s

Notify me of new comments via email.

Notify me of new posts via email.

Δ