What could be more perfect that owning a luxury vacation home at a landmark resort and receiving rent revenue whenever you’re not using it?
Condo hotels are the newest trend in vacation home ownership.
Live in it when you’re there; rent it when you’re not.
How do condo hotel owners find renters? This is what makes the program so appealing. When owners are not using their unit, it is put into the rental program of the hotel. By capitalizing on a hotel’s name recognition, advertising, national affiliations, centralized reservation system and management expertise, unit owners typically receive a higher level of rental income than they would from a traditional vacation home. Plus the hotel takes care of dealing with the renters, as well as all housekeeping and maintenance of the condo hotel units. Talk about
hassle-free!
While it’s nice to receive rental revenue on your vacation home, the more important factor from an investment standpoint is its appreciation. Condo hotel units have been
appreciating at a far faster rate than single family homes and condos in the same areas.
With limited inventory, condo hotel units have been moving at lightning speed. In fact, almost all
condo hotels sell out in pre-construction, long before even a single spade of dirt has been overturned. And as is the case in any situation where supply is greatly outpaced by demand, condo hotel owners have been seeing tremendous appreciation in their units.
Additionally, the appreciation may be greater in a condo hotel than in a straight condominium building because the resort offers the services of a 4-5 star hotel like concierge, room service, etc. When you sell your condo hotel, those services definitely add value.
It is worth noting too that with a traditional condo, you would have to find your own renters and deal with them and all their requests. Furthermore, traditional condo buildings have policies restricting the renting of your unit without homeowner association approval--something you wouldn't want to go through more than once or twice a year and certainly not daily or weekly!
This is an Investment Proposal. FOREIGNERS CAN ACQUIRE! 100% FOREIGN OWNERSHIP ALLOWED!
pls visit
http://cebuinvestment.com/ for more details
or check the threads at
https://www.istorya.net/forums/index....,142488.0.html
for the Ultima Residences Ramos Tower project
and
Enjoy 45 Days Vacation at Boracay For Free Per Year - but still EARN at least 20% ROI per year!
at the Crown Regency Resort Boracay project
https://www.istorya.net/forums/index....,142494.0.html