A NEW TREND IN REAL ESTATE INVESTMENT.

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Issue:

Business

 

Written by:

Anthony F

 

Date added:

November 26, 2015

 

Level:

University

 

Grade:

A

 

No of pages / words:

5 / 1148

 

Was viewed:

10378 times

 

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Essay content:

The properties are typically large, high-rise, luxury hotels. Prices can range from $250,000 to over $1 million for prime condo hotel properties. When the owners of condo-hotel units aren't using their units, they have the option of placing their unit into the hotel's rental program. This is what makes the program so attractive...
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This is what makes the program so attractive. While the developer doesn't guarantee the rental of the unit, by capitalizing on a hotel's name recognition, advertising, national affiliations, centralized reservation system and management expertise, most unit owners typically receive a higher level of rental income than they would from a traditional vacation home...
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