Condo Hotels have quickly become one of the hottest areas of the real estate market over the last few years. What makes condo hotels so appealing to buyers is the concept of owning a property that generates revenue when not being used by their owners. Condo Hotels are taking the place of traditional vacation homes because of their income potential. Condo hotel owners have the option of placing their unit in the hotel management program while it is not being used to generate revenue. The revenues are shared between the owners and the management company and percentages can vary depending on the agreement. Aventura real estate is considered to be one of Dade County’s most desirable and upscale communities with some of South Florida’s most luxurious condos, townhomes and homes. Aventura is a young energetic city that is perfect for people from all walks of life.

Most condo hotels offer a very high level of services and amenities that you will not find in vacation homes. Amenities such as top level spas, fine dining, room service, house keeping and concierge services make condo hotel ownership very appealing. Also, condo hotel ownership is "hassle free". Any problems that come up are handled by the onsite hotel management company so the unit owner does not have to be bothered. Imagine owning a luxury hotel room or suite you can use any time that has the potential to pay for its self or at the very least offset some of the annual expenses. Sounds pretty good. The condo hotel concept got its start in Miami with projects like the Fontainebleau II, Four Seasons and the Trump International Sonesta Beach Resort. Now that condo hotels have become a hot product, they are being built or converted in just about every major city in the country from Miami to Las Vegas to New York. Many of the preconstruction condo hotels sell out in a short period of time due to the high demand. Featured Condo Hotel

Many buyers look for a recognizable brand when deciding which condo hotel project to buy. Some of the countries top condo developers have teamed up with the top hotel companies to form very powerful brands. The brand is important because people are buying into a lifestyle and the brand is an extension of that lifestyle. Buyers of condo hotels also feel more comfortable with their purchase knowing that they will have an experienced team building and running the project. A very good example of a powerful brand is the team of Starwood and the Related Group. They have recently joined forces to bring you condo hotel projects like the W Hotel and Residences South Beach, and the St Regis Resort and Residences Bal Harbour.

Many of the condo hotels we see today are sold as pre construction while others are conversions of existing hotels. Some projects are mixed use offering condo, condo hotel and fractional units all within the same building. Traditional condo buyers are now being drawn to these mixed use projects because they have access to all of the extraordinary hotel facilities and services while not having to participate in the hotel program. The Four Seasons in Miami has a mix of condo, condo hotel and regular hotel rooms in their 70 story tower. The St Regis Resort and Residences in Bal Harbour will have a total of three towers, two of which are condo, while the third offers condo, condo hotel and fractional units. These are just a few examples of the many opportunities in the condo hotel market today. We specialize in the Miami condo hotel market as well as select projects in Fort Lauderdale, Bahamas, Jamaica and the Florida Keys. We can give you an objective view of which condo hotel is right for you. We have your best interests at heart because we are independent realtors that represent you the buyer, not the developer. We have however, worked very hard to establish relationships with the developers to ensure that you are getting the best possible deal. We also carry condo hotel resales if you are interested in a project that has been sold out. We are adding new condo hotels all the time so please check back. For more information on which condo hotel is right for you, please feel free to give us a call or drop us an email.