World Blog Philippines October Archive

Benefits of a Condo Hotel Investment with Buy-Back Guarantee

By cebucondoreview at 10/15/08 10:43

A condo hotel investment is a way to own vacation property without the hassle incurred with other property ownership. Condo hotel property has become very popular in Cebu City and Boracay Island in recent years. This is a top vacation spot in the Philippines and there is high demand for rentals. With a condo hotel, you will get more money for rentals than you would with many other types of property.

Condo hotel units are larger in Boracay Island and Cebu City than in most large cities in the Philippines such as Bohol and Baguio. In Boracay Island, Condo Hotel unit areas range are between 33 square meters to 82 square meters and prices are between 111,111 Dollars to 222,222 Dollars.

How a Condo Hotel Investment Works?

Read more: Benefits of a Condo Hotel Investment with Buy-Back Guarantee [click]

Tips on Buying a Condotel as Purely an Investment Property

“Condotels,” also known as “condo hotels,” are typically condominiums in resort or famous tourist destinations. A condotel looks and feels to visitors like a hotel or resort, but in these resorts, individuals have the opportunity to purchase individual units. Unlike a timeshare, where buyers pay for limited use of a resort, buyers of a condotel own their residence outright and can stay in it, rent it out, or sell it according to their own wishes. In these communities, in-house management companies rent out the units on behalf of their owners in exchange for a percentage of the rental income. Condotel owners and their renters often have use of the resort’s amenities, such as concierge, fitness and spa services. Whether an owner can use the amenities while a renting guest is staying in the unit depends on the rules of the particular condotel development.

Read more: Tips on Buying a Condotel as Purely an Investment Property [click]

Low Risk and High Return Investment on Condo Hotel Project

Emerging real estate overseas markets are certainly offering rewarding opportunities. Any smart investor will definitely think seriously about such prospect and will react promptly towards gaining lucrative returns without wasting any time. Whether you are planning for the retirement or move frequently to a particular country for a vacation, investing in overseas property has a lot of significant benefits attach with it.

Now the question of too much investment in the single go is troubling you, then investment in international property is the answer to this difficult question. Investing in a property overseas means buying property that has not been constructed. Then while you are preparing to build, you can watch your land value increase. Many investors across the world think that this is an excellent investment which is here to stay for many years to come.

Read more: Low Risk and High Return Investment on Condo Hotel Project [click]