1 403 889 6635

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1 403 889 6635

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Condotels (Condo Hotel)

Condotels (Condo Hotel)

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Condotels make a great investment especially in touristy areas where they can be used as vacation rentals which feel like individual apartments but with all the perks of a hotel.

A condotel is a condominium project that is operated as a hotel with a registration desk, cleaning service and more. The units are typically individually owned. 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.

Condotels are typically sold as secondary homes rather than as primary residences.

When the unit is rented out to travelers and visitors the rental income can offset ownership expenses. The management for the property will take care of the rental process and will claim a percentage of the rental payments. The rental income may be split evenly between the owner and the management company, or the balance may favor the owner.

Our website is the go-to web site for people in search of a condotel.