How to Start an Aparthotel Business

07/26/23 • 31 min

#99

With prohibitive legislation on the horizon for Serviced Accommodation, Aparthotels as a business model is attracting the attention of those in the know.

Carly Houston has more experience than most in this field, having opened her first Aparthotel with her business partner in Brighton in 2017. They have since added a second.

In this episode, you will get top tips on how to plan and look for an Aparthotel.

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To tell us the one thing you’re struggling with in UK propertyThe Aparthotel RevolutionCarly Houston on LinkedInCarly’s Desert Island Property DiscKeywords
1. studio suites, 2. sleep up to four people, 3. units that sleep two people, 4. accommodate larger groups, 5. small hotels, 6. guest houses, 7. rooms for two people, 8. Airbnb-type businesses, 9. one or two-bedroom apartments, 10. cleaning costs, 11. couples, 12. competitive pricing, 13. smaller groups, 14. fire regulations, 15. building needs, 16. phased approaches, 17. negotiations, 18. lenders' requirements, 19. bank financing, 20. private investor money, 21. refinancing, 22. adding value, 23. return on investment, 24. second property, 25. property investor, 26. HMO portfolio, 27. supported living schemes, 28. market research, 29. target audience, 30. clever design.

#99

With prohibitive legislation on the horizon for Serviced Accommodation, Aparthotels as a business model is attracting the attention of those in the know.

Carly Houston has more experience than most in this field, having opened her first Aparthotel with her business partner in Brighton in 2017. They have since added a second.

In this episode, you will get top tips on how to plan and look for an Aparthotel.

Previous Episode

Read to Succeed in UK Property

#98

Valter Pontes came from humble beginnings on a fairly remote island off the coast of Africa to being written about in Forbes magazine.
He attributes all his success to reading books. Lots of them!

Valter started his UK property portfolio by dropping out of university and using his student loan to sign up for a year long education course.

On the course, he learned to source property for others. And with the profits from his sourcing business. He started his own portfolio.

In this episode, we discuss my top ten UK property investment books which I reviewed in Episodes 58-68.

Valter also explains:

· Why he asks people to read 120 books before they start working with him

· Why he divides books into three categories: personal development, general business knowledge and specific business knowledge

· Why for every four properties he buys in the north, he buys one in the south

· How he sources property

· How he finds good builders in a new investment area

· Why he also invests in the U.S.

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To leave an honest review of Expat Property Story
To tell us the one thing you’re struggling with in UK propertyValter Pontes Website

Next Episode

Now That’s What I Call a Property Podcast! 100th Episode Special!

#100

To celebrate our 100th episode, I reflect on the story so far and offer a compilation of ten of my favourite clips from the first 99 episodes that collectively sum up the story so far.

If you want to learn about investing in UK property, this episode condenses the lessons learned from all my amazing guests so far.

And there’s a nostalgic nod to past features such as Monopoly Challenge, Postcode Challenge and guests’ jokes.

If you’re an expat or not, this is a property podcast episode not to be missed!
Hong Kong Meetups take place on the first Saturday of each month from 11:30 am at the Urban Bakery in the Landmark Building in Central.
Dubai Meetups take place on the first Wednesday of each month from 7pm onwards at the Holiday Inn, at or in or on Science Park in Dubai .
Singapore Meetups take place on the first Saturday of each month from 10.30am @ the Providore (at VivoCity).

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expat property story podcast, feedback, suggestions, grow a network, learn from guests, scale property business, weekly podcast, widely listened, property portfolio, student HMOs, flats, serviced accommodation units, family home, challenges, previous podcast episodes, discontinued features, guest joke, Manchester, Liverpool, smaller developments, high rise flats, customization, new build developments, historical context, deterioration, overpriced properties, rental prices, post code challenge, buying property, auction season, due diligence, cash buyers, expanding network, management companies, book direct playbook, referrals, top 20% guests, business model, total returns, discounts, compound interest, trust, research on people, property education, networking, motivated sellers, remote property investing, online networking meetings

Expat Property Story - How to Start an Aparthotel Business

Transcript

00:00:03.279

You going for the location first or the business model? You might go, okay. Well, I want to cater or to this specific demographic of people, then you've got to think about, well, what's the location that that would work in. And, again, then that would come to and then what's kinda building that I need to do, or you might be going, actually, this is a location that I want to invest in, who is the demographic of come here, what's the market for this particular location,