What price a pad in the nation's capital? London has been notorious for soaring property prices, and is equally well known for its luxurious hotels. Now, savvy travellers are discovering that serviced apartments in London offer desirable accommodation for a much lower outlay than a four or five star hotel.
Alternative to a second home
A decade ago, if you frequently did business in London you might have considered buying a small apartment as a part-time base in the capital.
Now, with London property prices on a seemingly never-ending spiral, this option is increasingly unaffordable, particularly in the most desirable locations. In addition to the cost of purchase, not to mention tens of thousands in Stamp Duty, there's an increasing toll for annual upkeep. Unless money is no object, those who buy second homes in London (and don't have MP's expenses to help foot the bill) are increasingly being pushed out by demand.
Compare the standard of living and optimal locations offered by luxury serviced apartments in London, average out the number of nights you actually spend in the capital, and you may find there is a considerable advantage to using serviced accommodation instead of buying.
Alternative to a London hotel
There is tremendous cachet to staying in London's luxury hotels, albeit with prices to match. The standard of care is high, the convenience is enviable and the dining may be superior. The main thing they cannot offer you is the home-from-home feeling that is vital for relaxing over a longer stay.
Freedom and space, as well as comfort, are where serviced apartments beat London hotels for stays of a week or more. You can take advantage of many of the same services enjoyed by hotel guests, while relaxing into your own living space.
Compare six London serviced apartments
SACO offers luxurious and optimally located serviced accommodation in London to suit both long- and short-stay clients: to compare alternatives, follow the link above.
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