There is a new trend taking hold in many major resort areas. Up and down the beaches, the old mom-and-pop hotels and motels are closing as residential property surges in value and luxury condos take their place. But a new hybrid product, condo hotels, could help satisfy both the profit motive and the need for hotel unit inventory. more…
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Wednesday, January 13th, 2010 / admin
The condo hotel concept provides benefits for the developer as well as for the buyer. Developers find it easier to obtain financing with condo hotels than with traditional hotel projects, plus the cash infusion of the sales helps their bottom line. Buyers benefit by owning a property in a luxury resort that they can use for themselves, and take advantage of the high level amenities.
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Category: Accommodation
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Wednesday, May 13th, 2009 / admin
New Option in Vacation Home Ownership
What could be more perfect that having a five-star vacation home at a landmark resort and receiving rent revenue whenever you’re not using it? Condo hotels are the newest real estate trend, combining a luxurious lifestyle and hassle-free ownership with investment potential.
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Category: Accommodation
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