Today, among the most popular commodities in real estate is the condo hotel. Bridging the gap between standard condominiums and hotels, the condominium hotel presents the best of both worlds: high-end lodgings in highly preferable areas in addition to upscale shops and dining establishments. As an example, let’s look at the Blue Rose in Orlando, Florida.
Currently in the pre-construction phase, heaven Rose will include 3 towers housing 256 condos and 1,284 condo hotel suites. It will use everything from lofts and one- and two-bedroom units to 3,000 sq. ft. penthouse suites. The residential or commercial property will be a resort oasis, with a promenade, European cafes, 5 themed restaurants, personal swimming pool cabanas, and a 1,000-seat theater.
The financial investment opportunity provided by condominium hotels is extraordinary. Certainly, most brand-new homes offer out in the pre-construction phase. In doing so, financiers are able to acquire lower prices, safe and secure a number of the best units, and gain gratitude on their investments before ground is even broken.
Many people decide to buy an apartment hotel not just as a financial investment, however also as a holiday home. When the owner is not using the residential or commercial property, the apartment hotel system can be rented out to travelers.
Like any realty investment, the key is place, area, area. For example, the Blue Rose Condo Hotel lies in Orlando, Florida, one of the hottest housing markets in both the United States and the world. Recently, analysts have reported that Orlando home is underestimated by as much as 30 percent when compared to other major U.S. markets. That, together with an average hotel tenancy rate of nearly 80 percent and 40 to 55 million annual visitors, makes Orlando apartment hotels prime investment opportunities.
It’s simple to comprehend why Orlando is such a desirable location. And Orlando is the center of family-friendly style park destinations. It’s estimated that it would take you over 2 months of eight-hour days to experience Orlando’s 95 tourist attractions.
It’s equally obvious why investors are gathering to purchase home in Orlando. Condo hotels, like the Blue Rose condo hotel, are the most recent real estate financial investment trend in hot destinations like Orlando. Between the amusement park, the world-class dining establishments, the golf courses, and the opportunities to participate in water sports, Orlando financiers are seeing incredible returns on their financial investments.
Bridging the space between conventional condos and hotels, the condo hotel presents the finest of both worlds: high-end lodgings in extremely preferable places along with high end shops and dining establishments. Presently in the pre-construction phase, the Blue Rose will consist of three towers real estate 256 condos and 1,284 condo hotel suites. The Blue Rose Condo Hotel is situated in Orlando, Florida, one of the most popular housing markets in both the United States and the world. That, together with a typical hotel tenancy rate of nearly 80 percent and 40 to 55 million yearly visitors, makes Orlando condominium hotels prime financial investment chances.
Apartment hotels, like the Blue Rose condo hotel, are the latest real estate financial investment pattern in hot locations like Orlando.