Join the worlds rising trend of serviced apartments.
Turn your property into a profitable and sustainable investment.
Why do property owners want to join a partnership with Newinn?
Our management concept is founded on professionalism, integrity, accountability, and quality service that guarantees the maximum return from your investment while maintaining your property at the highest standards to attract the best tenants possible.
Fully Managed Maintenance of Your Apartment
We take care of every detail in your apartment and keep it in the best shape as possible.
No Rental Gaps
With our pooled inventory system you will never miss out on income waiting for your next tenant. Therefore turning your property into a profitable and sustainable investment for you.
World Class Hospitality Service
Outstanding guest experience from before their stay till they come to stay with us again. Making our guests feel at their second home with Newinn.
Maximize Your Occupancy and Revenue
Capitalize on your apartment through our national and international affiliation, brand name, and sophisticated reservation system.
Newinn has a reliable and vast network of business executives and uses a variety of sophisticated tools, security deposits, and background checks, to ensure the integrity of our guests.
Using the latest technologies and channels to advertise your property to both international and national guests.
No Maintenance Payments
Joining our rental program to receive revenue will help defray the expenses of ownership.
Frequently Asked Questions
Serviced apartments are sold in a residence to individual investors who may use their
unit as a short term rental investment whenever they like. When they are not using their
apartment, owners have the option of placing it into an organized rental program. Rental
revenue, which is shared with the operator, helps defray the owner’s expenses.
Owners have a luxurious vacation home in a premier location at their disposal. Owners who choose to place their apartment in the property’s rental program receive revenue which helps defray the expenses of ownership.
Most serviced apartment concepts have wonderful features and services that enhance their appeal to potential buyers as well as future renters. Typical amenities are spas, health and fitness centers, business rooms, concierge and housekeeping, and more.
Serviced apartments offer hassle-free rental home ownership. The on-site management company takes care of all upkeep, maintenance, and interaction with renters.
Owners of the serviced apartment units have the right to resell their units at any time. They keep any profits derived from appreciation. Thus serviced apartments combine vacation home ownership with investment potential
The operator of the rental program, in exchange for a share of the revenue, markets the units, takes reservations, operates the front desk, maintains the property, and provides the services that the guests expect, such as housekeeping, concierge, and more.
Some of the items spelled out in a typical owner agreement include:
The amount of revenue the landlord will receive.
The amount of revenue the property management company will receive.
Typical deductions before each of the parties receive their share, including money for furniture, fixture, and equipment reserve.
The financial responsibilities of the landlord
A rental program agreement which outlines the number of days per year and notices requirements for owners regarding the use of their serviced apartment units.
Unfortunately not as it defeats one of the prime benefits of serviced apartments which is hassle-free ownership. Most owners prefer to have the onsite professional management company find and handle renters.
Owners are likely to receive a higher level of rental income by participating in the property’s rental program which is administered by a recognized professional operator that can capitalize on the serviced apartments company’s national affiliation, its brand name, its sophisticated reservation system, and management expertise.
As Nevvinn we provide full comprehensive management for your apartment while maximizing your earnings and decreasing your expenses. If you are an owner of an apartment in one of the residences that we manage then please contact us for further information.