• As Investments
• Condotels Rental Policy
• Condotel Fractionals
• Condo Hotels vs. Traditional Condominiums
• Converting Existing
• Living Restrictions at Condo Hotels
• Personalizing Your Unit
• Renting Out Your Unit
• Management Company
• The Appeal of Connecting Condo Units
• Condo Hotels- Who’s Buying and Why?
• How Condo Hotels Rental Programs Work
• Florida Condos
• Press Release

Condo Hotels- Who’s Buying and Why?

The Condo Hotel concept is attractive to many who are interested in investing their hard earned pennies in real estate. One type of condotel purchaser is someone seeking a vacation place, but due to the limited amount of time they anticipate being able to spend there, buying a traditional condominium would not seem an economically sensible investment.

Another condotel purchaser is just too busy to focus time and attention on the maintenance and upkeep of another property, but sees the benefit of having professionals manage their property while still having the ability to use the property when they choose, and appreciates an investment with the ability to offset expenses through the rental program.

In hotspots such as Florida, and Las Vegas, where the condo hotel market is considered to be extremely lucrative, typical buyers are investors looking for promising real estate deals in an area with a proven track record of appreciating in value. Many in Florida are from Latin America and Europe, places where U.S. prices are seen as bargains, and the U.S. real estate market is considered a safe place to invest.

Condo-hotel-unit purchasers are in essence unique in the opportunity to buy into multimillion-dollar hotels for a relatively small cost, and not just investing in a single unit. Buyers can choose to lease their units when they are not occupying them. Most condo hotel units include hotel services in the package deal. Buyers are treated as guests, and able to enjoy amenities such as room service, courtesy daily room cleaning, as well as typical condo amenities such as an onsite tennis courts, pool, fitness center and game room.

Investors choose the condotel avenue for different reasons. Some enjoy ownership of real estate, with attractive amenities someone else maintains for them. Others look at the potential the long-term appreciation value, with little investment of time and attention, offering them the financial stability that may one day afford them the ability to enjoy retirement.

Get your real estate investment  done now while you are still young!