Orlando has no shortage of housing options when it comes to purchasing a vacation home. Buyers can choose from two and three bedroom townhomes to 7 or 8 bedroom luxury villas, and everything in between.
One popular option for buyers who want to rent out their property is a condo hotel. Condo hotels sell individual units to home buyers, giving them vacation homes that provide the services, features, and amenities found in luxury hotels. Condo hotels even provide rental programs for homeowners, so you don’t have to spend precious time and money finding rental guests for your unit.
Financing Challenges for Condo Hotels
One of the drawbacks of a condo hotel is finding the financing to pay for it. Because these properties are typically purchased as…