Condo Hotel

Condo hotels, also known as condotels and apartotels, are typically
high-rise, luxury properties in resort locations. They are on beaches, golf courses, casinos, theme parks, and other popular vacation destinations.

The majority of condo hotels feature 1st Class amenities and guest services of some of the finest 4 and 5 star hotels. Included are concierges, full-service spas, fine-dining restaurants, and resort-style pools. Are you thinking Condo Hotel yet?

Condo hotels operate on the same principal as fractional ownership.
Purchase a condominium in a world-class hotel or resort, and use your condo hotel unit when ever you are ready to relax and wind down.

When the owner is away the unit is placed in the condo hotel's
rental program. The revenue generated from rentals will be split among the owner and the management company. The condo hotel management company takes care of renting, cleaning and maintenance of your unit, along with making sure the hotel is also kept up.

Before one invests in a condo hotel, there's a great deal to research.
Where are the best properties? How do you select the greatest revenue generator? Which amenities are the most important, and which can you do without? Is there enough entertainment and activities in the area? Can one find financing for condo hotels?

While there are many reasons to purchase a condo hotel, it might not be the right investment for everyone. Investors needing revenue from rentals to cover the mortgage are usually short. Unfortunately condo hotels are subject to the same trends and market fluctuations as hotels, good or bad.

Condo hotels are built or purchased by well known 4 and 5 star hotel names, such as Trump and Hilton. As an investor, you're not only able to tag your investment to a world class hotel name, but also to the booming real estate market.

As always there is a limited supply of condo hotels. Many units sell out in the pre-construction phase, because they appreciate at a faster rate than traditional condos or single family homes. With greater rates of appreciation comes real estate investors buying up all the condo hotels before a shovel is even lifted.

Most condo hotels are located in major metropolitan cities or top vacation spots, such as Florida, Las Vegas, and Colorado. While the Carolinas are not on top, there are several hotel condos to choose from.

Condo Hotels In North Carolina

• The Wisteria Hotel - will be nine stories with a total of 43 condo hotel units. Located in the heart of Hendersonville, North Carolina, a quaint historic city in the Western North Carolina mountains, it's just minutes from the Asheville Regional Airport.
  The Wisteria is within walking distance or shops, restaurants, cultural attractions, and six championship golf courses.
• Tiffany's - located by the pristine beaches of Topsail Island, North Carolina, and surrounded by restaurants, shops, fishing piers and golf. Tiffany’s, having first been a motel, has been known for many years for the hospitality and personal attention they have shown toward guests. Recently transformed to a condo hotel, Tiffany’s is continuing to provide these very same characteristics to individual condominium owners.

Time Shares In The Carolina Area

There are over 150 time share resorts in the Carolinas, which means there is never a shortage of places to stay after a long round. There are time share resales in the Carolinas, as well as newer resort time shares. Try to find a resale in a Golf Resort.

There are only a few true golf destinations left in this country, and The Carolinas play host to a couple of the best. Try to take in a few of the golf courses North and South Carolina have to offer. One day play near the ocean and another day down by the river. Enjoy a lazy summer round or play during the winter. There is no better golfing anywhere in the US.

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