Written by Daniel Latto in Latest News, Podcast

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September 9, 2018

The 'Serviced Apartment' business model is a relatively 'new' model (although we were doing these around 12 years ago before AirBnB).

According to Wikipedia, a serviced apartment (also known as a service apartment or an extended stayapartment) is a fully furnished apartment available for short-term or long-term stay, providing hotel-like amenities such as room service, house keeping, a fitness center, a laundry room, and a rec room.
The issue is that they're being marketed as the latest and greatest way to get into property. And whilst I would agree they are a business model that can generate a lot of cash quickly, I have concerns over the longevity of this business model.

More so because recently in London, they have been given a maximum of 90 days lettings only.

Take a listen and see what you think.

You can get more from me at https://www.daniellatto.co.uk including over 100 information fueled podcasts and don't forget to subscribe to my Youtube Channel!

Speak soon,

Dan Latto

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About the author 

Daniel Latto

The Daniel Digital Marketing Agency is a Full Service Digital Marketing Agency.

They produce thousands of pieces of content including videos, imeages and written copy and then schedule it on behalf of clients.

Daniel advises businesses on marketing on Social Media using both Paid and Organic content. His top rated iTunes Podcast; 'The Wealth Creation Show' has hundreds of thousands of listeners around the world.