Palm Springs Hotels for Sale
Known for its gorgeous year-round views and beautiful weather for the majority of the year, Palm Springs has always been known as a popular destination, causing vacation rentals to shoot up in popularity. But, with new city rules and ordinance changes, the idea of vacation rentals for investment opportunities has dwindled in popularity. The ROI is no longer where it used to be, and so, there comes the need for a pivot.
At Done Deal Real Estate Investments, our goal is to point you in the right direction according to your goals. With that said, if the goal is to maximize your income, choosing to invest in a property like a boutique hotel that isn’t restricted by ordinances and city rules may be the right option for you.
The Benefits of Investing in a Boutique Hotel in Palm Springs
A vacation rental is a secondary home whereas a hotel is a business and allows you to make room for maximum ROI. In addition, a Palm Springs boutique hotel investment provides the following benefits:
- No noise ordinance
- No booking restrictions
- No need to worry about new city rules limiting short-term vacation rentals
- You are running a business and not using a home to do it – as your income grows, so does your value
Done Deal REI Can Find You the Perfect Boutique Hotel for Sale in Palm Springs
As always, the first thing our real estate investment experts do is listen to YOU and YOUR goals. From there, we use our expertise in the industry to point you in the right direction. We take our time to take into account your immediate and long-term goals, your concerns, and any ideas you may have to find you the property that will best fit your needs.
