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A NEW TREND IN REAL ESTATE INVESTMENT.
Essay specific features
Written by:
Anthony F
Date added:
November 26, 2015
Level:
University
Grade:
A
No of pages / words:
5 / 1148
Was viewed:
10378 times
Rating of current essay:
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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