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Hotels in Sandton – A sound Investment option
Every year tens of thousands international visitors, from holiday-makers to business execs, flock to Johannesburg and they all stay in hotels in Sandton. With the 2010 Soccer World Cup being hosted in South Africa and with three soccer stadiums in the province of Gauteng, the demand for accommodation is extremely high. Even after the month of July 2010, Johannesburg will be a main attraction for local and foreign visitors. This is because the Gautrain (a rapid transit railway system) now provides easy access from the O.R. Tambo International Airport to Sandton.
This is the perfect opportunity for property investors to triple their earnings because of the sheer number of people staying in hotels in Sandton. The Luxury Apartment Charter offers a wide range of investment apartments through its association with the Hunta Property Group. The apartments are sold to investors and run as part of the charter. The earnings are lucrative as return on investments in these units is guaranteed at 6% per annum with an estimated growth capital of 8%.
Investing in an >all-suite residential hotel in the business hub of Joburg, is a sound investment for a number of reasons. The risk is low, the returns are high and if you look at the historic performance then the Luxury Apartment Charter has achieved returns in excess of 14% per annum through this unique investment model. While we are still facing challenging economic climates with the volatile Johannesburg Stock Exchange, property is a safer investment option. Due to new tax incentives and the 2010 Soccer World cup, prices of real estate in Johannesburg have significantly grown and so have the bank accounts of property investors.
If you are after the big money then contact the Luxury Apartment Charter to discuss investment opportunities with their all-suite hotels in Sandton.
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