Azure Rose Condo Hotel: The Latest Property Trend

Today, one of the greatest commodities in real estate may be the condo hotel. Bridging the space between traditional condominiums and resorts, the condo hotel presents the very best of both worlds: luxury accommodations in highly desirable locations together with upscale shops and restaurants. For example, let’s look at the Azure Rose in Orlando, Florida.

Currently within the pre-construction phase, the Blue Rose will contain three towers housing 256 condos and 1, 284 condo resort suites. It will offer from lofts and one- and two-bedroom models to 3, 000 sq. foot. penthouse suites. The property would have been a resort oasis, with a viewpoint, European cafes, five themed dining places, private pool cabanas, and the 1, 000-seat theater.

The expense opportunity presented by condo resorts is unprecedented. Indeed, most new properties sell out within the pre-construction phase. In doing therefore, investors are able to acquire lower prices, secure many of the greatest units, and gain appreciation on the investments before ground is actually broken.

Many people opt to buy a condo hotel not only being an investment, but also as a holiday home. Generally, condo hotels provide top class accommodations in highly desirable areas. When the owner is not while using property, the condo hotel unit could be rented out to tourists. Usually, the owner doesn’t have to consider responsibility for renting, managing, and maintaining the system, making the process free from the headaches and hassles of having other rental properties.

Like any investment, the key is location, area, location. For example, the Blue Rose Condo Hotel is found in Orlando, Florida, one of the hottest housing markets in both america and the world. Recently, analysts have reported that Orlando, florida property is undervalued by around 30 percent when compared in order to other major U. S. marketplaces. That, together with an typical hotel occupancy rate of nearly 80 percent and 40 in order to 55 million annual visitors, can make Orlando condo hotels prime expense opportunities.

It’s easy to realise why Orlando is such a appealing destination. After all, Florida boasts 300 days of sunshine annually, over 1, 000 miles associated with coastline, and an average heat of 70 degrees. And Orlando is the middle of family-friendly theme park destinations. Walt Disney World was first on the market, with 28, 000 acres associated with family fun. Universal Studios and Sea World round out the very best three, again with thrills for the entire family. It’s estimated that it might take you over two months of eight-hour days to see Orlando’s 95 attractions. It’s clear why tens of an incredible number of tourists visit Orlando each 12 months.

It’s equally obvious why investors are flocking to purchase property in Orlando. Condo resorts, like the Blue Rose condominium hotel, are the latest investment trend in hot destinations such as Orlando. Between the theme recreational areas, the world-class restaurants, the golfing courses, and the opportunities to interact in water sports, Orlando investors are seeing phenomenal returns on the investments.