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Are you thinking of buying a condo hotel on a Florida
golf course? Condo hotels are one of the hottest products
in today’s Florida real estate market. New properties
are being added in different parts of Florida and the country
and new buyers are entering the market daily.
Virtually every single condo hotel that has come on the market
to date has sold out in pre-construction.
Most of these properties are mega high-rise buildings with
an average 200-500 units, and with some in excess of 1,000
units.
South Florida is one of the extremely popular condo hotel
areas and has shown strong and steady appreciation. As
already mentioned, the condo hotel trend which began in South
Florida has now spread out west. Las Vegas is leading the
pack with many new condo and condo hotel developments in all
price ranges being built.
The latest condo hotel trend is where developers buy existing
structures on Miami Beach and upgrade them. In one instance,
Bal Harbour a multi-family high-rise building (Harbour House)
was demolished and a five-star condo hotel was built in its
place.
Some condo hotels are beginning to crop up inland.
These may not have oceanfront views, but they're within a
few short blocks of a beach. Seeing as they're not on the
ocean, these hotel condos tend to be priced more economically.
How does a condo hotel compare with a timeshare? A condo
hotel is far more exclusive and includes many more luxury
amenities and services than timeshares. They tend to be larger
units, usually three to five bedrooms. Timeshares usually
allow you use for just one to two weeks per year.
A condo hotel is usually used as a second home. Owners
can use their condo hotel vacation homes when they want and
place them in the hotel’s rental program the rest of
the time. They’ll receive a share of the revenue their
unit generates, typically about 50%. Because the onsite hotel
management company takes care of finding guests and maintaining
and operating the property, condo hotels offer hassle-free
ownership.
Different Condo Hotels In Florida
- The Mimosa - has 60 luxurious residences ranging
from one-room studios to two-room lock-out apartments,
all featuring whirlpool baths or Jacuzzis. A health club
and spa will soon offer all the equipment and pampering
demanded by even the most discerning owners and guests.
As an owner, you can also enjoy the luxury of having the
resort's concierge co-ordinate tee times at the nearby
18-hole Normandy Shores Golf Club, one of Miami 's best
kept secrets. Other specialized amenities and services
will include limousine transportation, high-tech communications,
a creperie café and an ocean front restaurant,
and housekeeping and valet services.
- Crystal Sands - is a unique combination of one
and two bedroom suites fronting the Gulf of Mexico; and
individual one, two and three bedroom villas flanking
our attractive palm-lined drive. We have two luxurious
heated pools and a fabulous beachfront that affords the
vacationer access to miles of sun kissed beaches and unlimited
water activities plus some of the most gorgeous sunsets
ever. Located on world famous Siesta Key, Crystal Sands
derives its name from the sands of internationally acclaimed
Crescent Beach.
- Floridays Orlando Resort - is designed with upscale
guests in mind—a restful oasis in the middle of the
magic of Orlando. In fact, the layout of the resort makes
Floridays a vacationer’s paradise. You can enjoy
the company of your family and friends in the resort’s
gracious common areas, or retreat to the comfort of your
condominium for an evening of peace and quiet. The approximately
22,000-square-foot Welcome Center includes hotel check-in
facility, concierge and conference rooms. Hotel rental
guests will appreciate the conference rooms for their
business meetings—adding to the value of your Floridays
Orlando unit as a luxury rental suite.
- Bella Casa Resort - is a remarkable Orlando
resort condominium complex located conveniently in South
Orlando seconds away from SeaWorld Orlando, SeaWorld's
Discovery Cove, International Drive, Orlando Orange County
Convention Center and only 4 miles away from Walt Disney
World and Universal Studios. Currently in the final pre-development
phases, Bella Casa Resort is offering our premium properties
at superb pre-construction pricing. Available on a first-come-first-serve
basis, Orlando's Bella Casa Resort is certain to sell
out quickly. With gorgeous Mediterranean architecture
and lush resort landscaping, Bella Casa Resort satisfies
even the most affluent taste buds.
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