Why buy an apartment hotel in Orlando?
Condo hotels have quickly become one of the hottest commodities in real estate. As more and more people realize the investment potential of these units, the demand for these properties continues to grow. While most buyers focus on the investment opportunity that a hotel offers, many are quick to realize the added benefit of hassle-free ownership of a luxury unit in one of the world's top vacation destinations. This ability to use the apartment hotel as a vacation home is almost as important as the investment diversification that these properties offer.
With such high demand for these properties, the condominium hotel market continues to see most new properties sell out in the pre-construction phase. In fact, due to overwhelming demand, a large percentage of these properties are accepting reservations to purchase 100% of their units before they even break ground on new construction. It is the real estate investors who get in early that are able to buy at a lower price, secure many of the best units, and realize amazing initial appreciation on their hotel investments.
If you're planning to use a condo hotel unit not only as an investment opportunity, but also as a vacation home, you won't find a better property type or location than Orlando. The condo hotel provides first class holiday accommodation in a highly desirable location. Plus, when you're not using the unit, someone else takes care of the rental, management, and maintenance. The true definition of a hassle-free opportunity!
Condo Hotel Advantage...
* Your very own luxury holiday accommodation that you and your family can use anytime in the holiday capital of the world.
* Generate rental income from your unit when not in use.
* Buying now allows you to get in at a lower price before the popularity of these units causes an influx of new investors to drive prices up.
* Acting now also provides an opportunity for higher profits with real estate investment to diversify your portfolio. Condo hotels have historically offered better returns than traditional real estate investments (2nd homes, commercial buildings, etc.) while allowing the owner to actually use and enjoy the property for themselves.
* Hassle Free Opportunity! Someone else takes care of renting, managing and maintaining your unit.
The Orlando Advantage...
* Orlando is one of the hottest housing markets not just in Florida, but in the world. The demand for houses is so great that it currently has almost zero inventory of newly built holiday apartments/homes.
* Orlando real estate continues to be 30% undervalued compared to other major urban markets in the United States.
* Average Orlando hotel occupancy rate is 78.9% (March 2003 to March 2004).
* The average property appreciation rate in 2004-05 was 27% (with the short-term vacation rental market being higher).
* Orlando receives between 40 and 55 million visitors each year.
...more benefits why you should shop in Orlando!
Nevertheless, not every apartment hotel offers the same investment potential. As this new market continues to gain popularity, it takes an experienced eye to identify which properties offer the best opportunity for financial gain. The Buy Vacation Condos team will combine their considerable experience in this new market with their knowledge of the Orlando area to help you find a property that not only fits your price range, but also offers the amenities you desire. They will work closely with each client to help them achieve their financial goals by finding the best possible investment opportunities with the least risk. At Buy Vacation Condos, we don't just sell properties; we help our clients build a diversified real estate portfolio with the ultimate goal of financial independence.
We encourage you to take a moment to view some of the hotel investment opportunities currently available or contact us to discuss this exciting new real estate investment opportunity in person.
There's never been a better time to enter the Orlando short-term vacation market. We're here to help answer these questions and guide you along the way.
"Fortune favors the brave" Virgil Roman (70 BC -19 BC)
