Jay Mowlana’s Post

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Senior Property Consultant at Relocate-me

Had a great meeting with a client today in Fitzrovia to discuss planning and executing a strategy for converting three floors, totaling around 3,000 sq ft, above his restaurant into residential dwellings. The long-term plan? We’re exploring options for both long-term rentals under ASTs and serviced accommodations. It's always interesting to work with property owners who are conflicted between these two options. This brings up an intriguing question: How does the rise of serviced accommodation impact estate agents who primarily focus on ASTs? Property owners are certainly intrigued by the potential yields of short lets but often hesitate to make the transition. For many, it remains a grey area, with concerns about compliance and a lack of understanding as to what choosing this option means for them. #luxuryrealestate #londonproperty #londonrealestate #propertyindustry #networking #diversity #businessowners #founders #realestate #commercialrealestate #residentialrealestate #realestatedevelopment #propertymanagement #realestateinvesting #realestatenetworking #industryleaders #globalrealestate #propertyconsulting #realestateprofessionals

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