Condo Hotel Apartments is an exciting concept that provides owners with the combined benefits of hassle-free vacation home ownership and real estate investment.

Condo hotels are the newest trend in vacation home ownership. Buyers can own a luxury vacation home at 
a world-class resort and receive rental revenue whenever they are not using it.

These Condo Hotel projects are popular in places like Florida, Naples, Chicago, Las Vegas, Canada, and the Caribbean which have a large number of tourists. Due to the increasing number of tourists flocking to Dubai, (5.5 million tourists visited Dubai in 2006, and this is expected to grow to approx. 15 million by 2012), these condo hotel projects have been introduced in Dubai, and are extremely popular high yield property investments.

Condo hotel owners lease their units to the developer who puts the condo hotel unit into the hotel's rental program. This is what makes condo hotels so attractive. A professional management company takes care of renting out the units when they are not in use by the owner.

By capitalizing on the resort management operator's name, recognition, advertising, national affiliations, centralized reservation system and management expertise, condo hotel unit owners typically receive a higher level of rental income than they would from a traditional vacation home.

The Condo hotel apartment owners have access to all the luxury amenities and services of the property, during the 30 day personal usage (not during black out periods). The condo hotel apartment owners will participatie in the property's rental program and share in the revenue the home generates. Ownership is 100% hassle-free as all maintenance and rental issues are handled by the developer, the professional resort management company and the inbound tour operator.

How Are These Condo Hotel Apartments Different From Timeshares?

With a timeshare, owners are typically allotted just one or two weeks of the year to use their condo. They are always the same weeks unless the owner goes through a process to trade time with someone else's. With a condo hotel apartment, owners can use their unit for 30 days in a year (not during peak, blacked out dates). When they are not using it and the hotel is able to rent the room, the owner receives a portion of the annual rent revenue (60% of the net annual revenue after deducting 5% which is allocated to a reserve fund for refurbishment of the unit in future, and approx 3% for utilities).

Timeshares can be difficult to resell, even if the seller is willing to take a loss. Condo hotels, on the other hand, because of their prime locations, limited inventory and high quality, are in great demand. Based on historical performance of condo units in various parts of the world, they appreciate over time and are readily resold, therefore this concept appeals to many investors looking to purchase a vacation home in a tourist destination like Dubai.

Typically, condo hotel buyers are vacationers who appreciate the many wonderful amenities available at luxury resorts and investors who recognize the appreciation potential of a revenue-generating vacation home.

Condo hotel apartments in Dubai will produce rent revenue. that will completely offset the costs of owning and maintaining the vacation home. The best selling point of condo hotels as investments is the rate at which           they appreciate. Condo hotel units will see a higher appreciation rate than traditional single family homes and condos.

Condo hotels have tremendous investment appeal in today's markets because of low interest rates and a risky stock market that has caused investors to diversify and look for safer alternatives.

Condo hotels are particularly attractive to international investors who wish to have a vacation home in Dubai and yet don't want the hassles of caring for that home or renting it out when they're not using it.

There is a limited inventory of condo hotel apartments, and they're selling fast in the pre-construction phase.
As word continues to spread about condo hotels, more and more investors from around the world are learning of this new real estate trend and looking to participate. Furthermore, because demand seems to be outpacing supply, appreciation will be significant and rapid. Waiting even just a few months could cost thousands.