One of the newest and hottest concepts in the Orlando real estate market is the condo hotel. A condo hotel concept incorporates traditional condominium ownership with all the luxuries of a world class hotel resort. Condo hotel or CONDOTELS appeal to many people interested in a vacation home due to their luxury accommodations, first class amenities and great locations. Combine all of these factors with the ease of ownership, and it is easy to understand why people are now opting to purchase a condo hotel over a traditional vacation home.
The Orlando condo hotel market has recently taken the area by storm. There are many new developments underway that will offer buyers some of the most exclusive vacation home ownership in the area. These four and five star properties offer luxurious amenities such as state of the art health clubs, lavish clubhouses, gourmet restaurants, room service, concierge, and full service spas. The Blue Rose, which is scheduled to open in early 2009, will even feature a 1000 seat Broadway theater.
One of the biggest appeals to buyers of the condo hotels is the fact that many of the hotels are managed by some of the biggest brand names in the hotel business. No longer do owners have to rely on themselves to generate revenue. Condo hotel owners have the luxury of the hotels brand name recognition, national and international advertising to generate bookings for the owners property. Most condo hotel management programs split the rental revenue 50/50 with the owners. Combine the rental revenue with the condo hotels worry free maintenance program, and you will have the peace of mind knowing that your property is being cared for and managed by the best names in the industry. Rest assured when you decide visit your property; everything will be cared for, and in tip top shape.
There are 50 million reasons to buy a vacation property in Orlando, Florida. This is due to the approximate 50 million tourists that come to soak in the sun and take in all of the attractions Orlando has to offer. The Orlando area offers 300 sun filled days per year, unparalleled theme parks, top notch shopping and scores of championship golf courses. There is never a dull day when vacationing in Orlando. Tourists continue to flock to the area to soak in all of the wonderful things Orlando has to offer.
With so much to do in Orlando, you can understand why investors are continue to come to Orlando and why the area continues to building new properties. After purchasing an Orlando vacation property and spending a couple of vacations in it, you will soon realize there are actually 50 million plus one reasons to purchase a condo hotel.
For more information regarding the above web blog, please contact Jeffrey Funk at 407-438-4028 or email us at firstname.lastname@example.org
Jeffrey G. Funk, P.A.
Realty Executives Central Florida
7932 West Sand Lake Road • Suite 302
Orlando, FL 32819