What is a Condo-Hotel?

What is a Condo-Hotel?

If you are in the market for a vacation condo surely you have heard of a Condo-Hotel by now, or sometime referred to as a Condotel.

This new type of real estate has just become popular in the last few years, but you may be asking what exactly a Condo-Hotel is?

Typically they are condos that are located in high rise buildings; typically they are located in some of the nicest resort areas in the world.

Normally they operate similar to a Hotel. There is usually a check in/check out area where you can walk in and rent a unit for a night or a week.

You can often find them on beaches, golf courses, mountain tops, theme parks and any other popular vacation destination.

Condotels often offer the best amenities such as pools, tennis court, spas, restaurants, water parks and anything imaginable. The amenities can often make your new vacation home the ultimate getaway.

When you are away the on-site rental management office will rent out your condo for a portion of the gross rental proceeds.

A Condo-hotel many times is the best in worry free vacation condo Ownership.

But before purchasing your Vacation Condo there are a few things you should hire an expert to help you with, such as financing, resort amenities, monthly maintenance fees, ect.

Contact us Today for more information about purchasing a Myrtle Beach Condotel