Condo Hotels

Of late, many of my clients have inquired about Condo Hotels. In an effort to better serve you I am pleased to provide the following information:

Condo Hotels (condotels) provide an excellent Lifestyle!

No other form of residential real-estate has the hotel’s voluntary rental program. Providing owners effort free income that compensates for many of the fixed costs of ownership (maintenance, property taxes, & insurance).

The hotel doesn’t manage the rental of the units for free; net commissions vary and are most often 35% and on a net to owner, range from highs of 80% to lows 15% of gross rentals.

Condo Hotels are a hybrid of both residential & commercial real estate and can appreciate & depreciate with the same market factors that effect hotel values and residential condominium value's.

Not sure if a condo hotel is for you? Please visit http://www.arnowitzpropeties.com/ or contact us @ ClientCare@ArnowitzProperties.com for more information.

Bradley E. Arnowitz, P.A. & Associates of Re/Max Beach Properties is a full-service firm providing brokerage, development, sales investment, property management, asset management, and residential services for office, multi-family, industrial/commercial, residential, and retail properties.

Bradley E. Arnowitz, P.A. has been serving South Florida with Honesty, Integrity, & Results since 2001.

For more information, visit Arnowitz & Associates on the web at http://www.arnowitzproperties.com/ or contact the firm at Re/Max Beach Properties, 1355 Alton Road, Miami Beach, FL 33139 or Re/Max Beach Properties, 672 E. Hallandale Beach Blvd, Hallandale Beach, FL 33009, 305.776.6113.