If you are a global company with offices in several countries, you are likely to be facing high hotel and flight costs and many company bosses find it more cost effective to buy a company apartment if they frequently have staff travelling to a particular location - it makes good business sense.

It is fairly easy to do, especially if you have a local office as they will already be familiar with the rules and regulations. You can opt for a furnished property management agreement with a local company or take care of it yourself which ever you are best placed to do.

There is the obvious financial benefit as it will work out cheaper in the long run than hiring expensive hotels for many people for weeks on end. There is also the probability that it will appreciate in value – hotels are dead money, but at least you are investing in an apartment.

Most business travellers also prefer to stay in an apartment as it is more flexible and homelike, so your staff will also be happier and more motivated.

Do your sums and work out whether it is feasible for your company circumstances, it does not hurt to look into the possibility and wise management now could mean that the company owns overseas property in a few short years.