Buying a Hotel Room

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n5gooner replied

3 January 2006, 13:34
I seem to remeber reading some time ago (about 3 years) about this type of thing and the conclusion was that you would not get a return on your money, unless you were very lucky.
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Malta Witty replied

2 January 2006, 21:31
That's one helluva long game of Monopoly, threaded.
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threaded replied

2 January 2006, 19:16
Notoriously volatile?

Hmm,

I've one hotel. occasionally it has had the odd room free, but not too often in the last 45 years.
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Lucifer Box replied

31 December 2005, 12:04
MF, mate of mine and myself looked quite closely into this and came to the same conclusion that you did: there is little realistic chance of realising a return on your investment.

One to avoid for the time being I think. The hotel room market is notoriously volatile.
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MarillionFan replied

31 December 2005, 11:33
Yawn Yawn Yawn Milan.

Been off the site for a few months and yep - you're stil a tosser and working today still on your support contract I see.

For anyone who is interested the link is

http://www.primelocation.com/uk-property-for-sale/details/id/BPch102442/

I know little about this(which is more than Milan) and was wondering if anyone had any comments(excluding Milan who will no doubt reply anyway as he has little else to do)
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milanbenes replied

31 December 2005, 11:00
you should stick with selling your tat and windows 2000 helpdesk contracts

Milan.
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MarillionFan replied

31 December 2005, 10:45
Mmm

First of all, the baby hasnt dropped I was takling about some friends I went yo yesterday who have become baby bores.

Secondly, I have no interest in purchasing a lease on a hotal room, I was wondering if anyone had looked at it as an investment and what returns it was supposed to provide, because to me it looked a straight ripoff.

Mince pie overdose Milan?
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milanbenes replied

31 December 2005, 10:21
hmm, fatherhood taking its toll, lates nights

can I have a pint of what you've been drinking please MF

you don't half talk some sheeeet

ta

Milan.
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MarillionFan started a topic Buying a Hotel Room

31 December 2005, 10:18
Buying a Hotel Room

Has anyone looked at the premise of purchasing a leasehold on one of the Hotel Rooms in Mayfair I have seen advertised. They had adverts on the underground during the summer.

I havent really seen anything else on it until I started looking for a cheap flat to buy in London.

£99k, 21 Days for 45 year leasehold.

Anyone know anything about this or do i need to provide more info?
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