Aparthotel & Serviced Accommodation Mortgages

Aparthotels and serviced accommodation present good opportunities for investors, with over 40% of the market shared by independent operators as opposed to groups or chains. Annual growth is expected to be around 5.7%, with over 70% of new supply coming from independent operators. If you’re looking for a new property venture where groups or chains do not have a monopoly on the market, the serviced accommodation sector may be the right choice.

Serviced accommodation falls within the expectations of the commercial property sector, with mainstream lenders often hesitating to offer attractive terms to investors unless you’ve got a strong existing portfolio and a well-planned application. Even then, if you don’t approach the right lender, you may find yourself receiving an underwhelming offer that doesn’t suit your needs. 

If you’ve found this page by researching how to get a large loan for an aparthotel or serviced accomodation unit, you’ve found the ideal solution. With Rangewell, you can instead find lenders who understand the serviced accommodation model and are willing to support investors in the sector with commercial mortgages built around your needs. 

Finance for Aparthotel & Serviced Accommodation renovation

To acquire property, you’ll generally need a commercial mortgage. Once purchased, however, you may face a funding gap if you need to do further work to the property to renovate it and make it attractive to tenants. 

Serviced accommodation, in particular, is a fairly competitive space where tenants can easily ‘bounce’ from a provider they have a bad experience with. Considering many of the tenants you want to attract will be part of a larger company, providing a sub-par service can have long-lasting ramifications on your potential bookings. 

To help investors make the most of their property opportunities, we can also find additional business finance to help you pay for renovations, outfitting and other improvements to the property. In many cases, this finance can also be used to help bridge capital gaps for things like paying staff salaries or purchasing assets. 

Whatever your funding requirements look like, working with Rangewell means you won’t be left without any options once you’ve agreed your commercial mortgage. We will discuss your plans for the business and identify any requirements for further finance, then help you find the right lender and loan type to get your serviced accommodation up and running. 

Apply for a serviced accommodation mortgage today

Talk to Rangewell today to discuss your property investment plans and we’ll help you overcome the hesitations and challenges lenders typically offer in the aparthotel sector. Find a commercial mortgage that works for you by applying with our team today.