What is a Condotel?
It is an individually owned condominium property that is being operated as a hotel, with a registration desk, housekeeping, and other essential things to accommodate guests. Unit owners also have the option to place their unit in the hotel’s rental program where it is rented out like any other hotel room to paying guests.
Before investing in a Condotel, select a property where Tourism is high. A Condotel property that definitely near to an airport/seaport will put your investment in an advantage to welcome the arrivals and those guest waiting for their departure.