Ask the Expert

Every day Condo Hotel Center receives numerous questions about condo hotels, fractionals and vacation homes in general.  It is our pleasure to share with you our research and knowledge of these subjects.

Below are answers to some of the most recent or commonly asked questions.  Just click on the subject area that interests you.  Don't see what you're looking for here?  Feel free to submit your own question to info@condohotelcenter.com.  You will receive a prompt response via e-mail.

All answers are prepared by Joel Greene, a licensed real estate broker with Condo Hotel Center which specializes in the sale of condo hotel units and fractional ownerships in private residence clubs.

Condo Hotels, General Information

• The Condo Hotel Concept
• The History of Condo Hotels
• Who's Buying Condo Hotels and Why
• Condo Hotel vs. Traditional Condo
• Converting Existing Hotels Into Condo Hotels
• Owning a Condo Hotel Vs. Owning a Traditional Condo
• Differences Between Condo Hotels & Fractionals
• Condo Hotel Rental Policy
• Personalizing Your Condo Hotel Unit
• Renting Out Your Condo Hotel Unit
• Value of a Brand at Condo Hotels
• Cost Vs. Benefits of the Onsite Rental Program at Condo Hotels
• Living Restrictions at Condo Hotels
• Selecting the Management Company for a Condo Hotel
• How Developers Can Comply with SEC Regulations for Condo Hotels
• The Appeal of Lockout Units at Condo Hotels
• How Condo Hotel Rental Programs Work
• Average Annual Use of Condo Hotel Units
• How Condo Hotel Rooms Are Booked
• Condo Hotels in Non-U.S. Markets
• Why Developers Build Condo Hotels
• Developer Plans How to Best Establish Rental Program for His Condo Hotel

Condo Hotels, Investment Considerations

• Condo Hotels as Vacation Homes and Investments
• Condo Hotels as Investments
• Small Condo Hotel Unit Vs. Large
• How Much Does a Condo Hotel Cost?
• Benefits of Using a Buyer's Agent When Purchasing a Condo Hotel Unit
• Negotiating the Price for a Condo Hotel Unit
• Why Buy a Condo Hotel When You Only Have Limited Information
• Condo Hotel Rates of Return, Developers Give Limited Information
• Financial Aspects of Purchasing a Condo Hotel
• Flipping of Condo Hotel Units
• Discounts on Pre-Construction Condo Hotel Units
• Resale Values for Condo Hotel Units
• Condo Hotel Rescission Period
• 1031 Exchanges on Vacation Homes Including Condo Hotels
• One Bedroom vs. Two Bedroom Condo Hotel Unit
• Calculating Rental Income on Condo Hotel Units
• Are Condo Hotels Part of the Sub-prime Mortgage Mess?
• What's Covered by Home Owner Association (HOA) Dues
• HOA Fees and Other Potential Costs of Condo Hotels
• Monthly Maintenance Fees for Condo Hotel Units
• Rent Revenues Generated by Condo Hotel Units
• Rental Splits for Condo Hotels
• Insurance and Liability Issues for Condo Hotel Owners
• Financing a Condo Hotel Unit
• End-user Loans for Condo Hotels
• Obtaining a Mortgage for a Small Condo Hotel Unit
• Financing of Condo Hotel Units for Non-U.S. Citizens
• Purchasing a Condo Hotel Via Starker Exchange (1031)
• How do I know Condo Hotel Center is reputable?

Condo Hotels, Specific Geographic Areas

• Sunny Isles Becomes a Hot Market for Condo Hotels
• Investing in a Dubai Condo Hotel
• Dubai Condo Hotels as Investments
• Condo Hotels in Las Vegas
• Are Condo Hotel Markets Like Orlando, Miami & Las Vegas Saturated?
• Condo Hotel Resales in Miami Beach
• Condo Hotels in Orlando vs. Miami
• Basic Questions about Miami Condo Hotels
• Anti-Growth Sentiment and its Possible Effect on Ft. Lauderdale Condo Hotels

Condo Hotels, Individual Properties

• Trump Condo Hotels
• The Residences at Atlantis, Purchase Information
• The Residences at Atlantis and the Bahamas Stamp Tax
• Will Biscayne Landing Have a Condo Hotel?
• Le Meridien Condo Hotel in Sunny Isles
• Ritz-Carlton Key Biscayne
• Cheeca Lodge, Islamorada, FL
• Cheeca Lodge Two-Bedroom Units with Unique Lockout Feature
• Will Construction at Canyon Ranch Affect Rent Revenue or Delay Appreciation?
• Canyon Ranch Living vs. The Fontainebleau III
• Timing a Purchase at The Cosmopolitan Resort, Las Vegas
• Comparison of The Cosmopolitan Resort & Casino to The Conrad Majestic
• Turnberry Associates and the Residences at Atlantis
• Fontainebleau Hilton & Fontainebleau Towers Location
• Fontainebleau Condo Hotel Has No Living Restrictions
• Construction at the Fontainebleau
• Fontainebleau III New Unit vs. Fontainebleau II Resale Unit
• The Fontainebleau Won't Be a Hilton
• MGM Grand Residences in Las Vegas, NV
• The Roney Palace, Condo or Condo Hotel?
• The Downtown Plaza, Toronto Condo Hotel
• Trump International Hotel & Tower
• The Atlantic Village Hotel & Marina
• WorldQuest Resort

Fractionals/Private Residence Clubs

• Fractional Ownership in a Private Residence Club
• How Do You Buy a Fractional?
• Differences Between Condo Hotels & Fractionals
• What Happens If One of the Fractional Owners Defaults?
• Ritz-Carlton, Aspen, Colorado Fractional Ownership
• How Do Fractionals Do As Resales?
• Prices at Ritz-Carlton Private Residence Club

Hotel Residences

• How Hotel Residences Differ from Condo Hotels
• How Hotel Residences Differ from Fractionals

ResidenSea

• Queen Mary II vs. ResidenSea
• How to Stay in Touch When on ResidenSea