The Ultimate Vacation Homes
Condo Hotels
Condo Hotels, the Ultimate Vacation Home. You've heard of condo hotels, but you may not know exactly what they are. More importantly, are they right for you?
Here's what you should know to decide: Condo hotels units are luxuriously - furnished condominium suites in some of the most famous hotels and resorts in the country. The properties are usually large, high-rise, four- or five-star hotels operated by the biggest brands in the hospitality field like Four Seasons, Ritz-Carlton, Sonesta, Starwood, Hilton, Trump and Hyatt. They offer fantastic amenities, ranging from full-service spas and gourmet restaurants to infinity pools and personal concierge services.
Owners can enjoy use of their condos when they'd like and place them in a rental program when they're not there. The revenue the unit generates helps offset the costs of ownership.
Best of all, the hotel management company handles all maintenance and operational issues. It's a 100% hassle-free vacation home! Add to that the likelihood that the property will appreciate over time, and you've got a real estate investment in a second home worthy of serious consideration.
Prices for condo hotel units range from $300,000 to over $1 million for prime properties. The best time to buy is in the pre-construction first release stage when prices are at their lowest.
Want to know more about condo hotels, including which properties are available now and coming soon? Click on find out more for a FREE, no-obligation Condo Hotel Report and get on the VIP list to be the first to choose and save when purchasing the ultimate second home or investment property!