Clearwater Beach FLorida Condo Hotels are popping up more and more often as a Hassle Free Alternative to Tampa Bay Luxury Vacation Homes.
Condo Hotels are now finding a Home on Clearwater Beach, Florida
Have you heard about the latest craze in vacation homes - buy into a Condotel or also known as a Condo Hotel. Many boast that they offer a great alternative to luxury vacation home ownership.
How do Condo Hotels work?
You actually buy into a Luxury Vacation Resort and the Condo Unit is then rented out when you're not using it but you can use it as much as you want with proper notice and then when it's rented out this rent helps offset your cost of ownership.
The Condo Hotel concept actually started in Miami and Ft Lauderdale, Florida and now you can find luxury Condo Hotels cropping up in cities like Celebration, FL, Las Vegas, NV, New York, NY and Chicago.
Tampa Bay Luxury Condo Buyers have shown an attraction to these types of property in areas where the cost of owning a second home is high like Clearwater Beach where the average condo price has almost doubled in the last 3 years.
Condo Hotels are typically luxury 4 and 5 star world class resorts managed by some of the finest names in hospitality like Hyatt, Ritz Carlton, Four Seasons, Trump International to name a few.
Is a Clearwater Beach Condo Hotel the same as a Timeshare? >>>>READ MORE
Proudling selling Clearwater Beach Real Estate
Original Article printed on Sandbars to Sunsets ~ We've got Tampa Bay Real Estate Covered! all information copyright 2007 by Cyndee and Jack Haydon.
