What is a Condo Hotel?

Condo hotels are making it easy for new investors to profit from the growing vacation rental market.

Orlando short-term rentals are ideal for vacation and business travelers. The condo hotels in Orlando are some of the best in the country, making it even more important for investors to take advantage of this opportunity.

How Do Condo Hotels Work? 

Condo hotels are high-rise hotels that sell individual units to home buyers, giving them vacation homes that provide the services, features, and amenities found in luxury hotels. 

Condo hotels give owners and guests the chance to enjoy the attractions that have made Orlando a favorite destination for travelers. 

Homeowners can rent their units to others through rental programs that are overseen by the building’s management company. 

Management agreements include terms related to the cost of furnishings, insurance, and property taxes as well as housekeeping, administrative tasks, and the marketing of your rental home. 

The Benefits of Owning a Condo Hotel Unit 

Condo hotels give homeowners access to concierge services, gym facilities, resort-style pools, spas, and other features found in luxury hotels.

Hotel security systems and staff give them the peace of mind in knowing that their homes are protected from unwanted guests and other security threats. 

The biggest benefit for condo hotel owners is that the hotel’s management does the heavy lifting when it comes to welcoming and interacting with your renters. 

This eliminates the hassles that vacation rental owners have to deal with when renting their properties on their own. 

Condo hotels can put homeowners and renters minutes away from Orlando’s premier attractions. So choosing the right condo hotel makes a big difference in the revenue you generate over time. 

How to Get the Most Out of Your Condo Hotel

The income you receive when owning a condo hotel unit reduces your total ownership expense, giving you a greater return on your investment.

Orlando is the perfect location for home buyers wanting to leverage this growing market. They can secure a long-term investment in one of the most popular travel destinations in the country. 

Many condo hotels are owned by renowned brands such as Hilton, Conrad Hotels, the Four Seasons, and others. This enhances the credibility and reputation that attract more guests to your vacation rental home.  

Your condo hotel unit can be resold, giving you an opportunity to benefit from its appreciation over time. So investing in the right property today means a higher profit in the future.

The following are some of the things to look for when buying a condo hotel unit:

  • Ideal location
  • Features and amenities
  • Brand name
  • Management and developer reputation
  • Appreciation potential 

Orlando short-term rentals give home buyers and renters access to the attractions that continue to draw visitors from around the world.

Condo hotels are a great way to invest in your new rental home while giving you all of the services you’d find in a luxury hotel.

Condo hotels like Lake Buena Vista Resort & Spa, Reunion Resort and the Blue Heron Beach Resort let you generate revenue from owning your home, reducing your costs and increasing the lifetime value of your home investment. 

Contact Team Donovan today at 407-705-2616 for more information about the vacation condos available for sale near Disney. We look forward to helping you find the perfect Orlando property to use as a short-term rental.

 

 

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