Clearwater Beach Florida Condo Hotels – Luxury Home Ownership
Condo Hotels find a Home on Clearwater Beach, Florida
Have you heard about the latest craze in vacation homes – buy into a Condotel or also known as a Condo Hotel. Many boast that they offer a great alternative to luxury vacation home ownership.
How do Clearwater Condo Hotels work?
You actually buy into a Clearwater Beach Luxury Vacation Resort and the Condo Unit is then rented out when you’re not using it and this rent helps offset your cost of ownership.
The Condo Hotel concept actually started in Miami and Ft Lauderdale, Florida and now you can find luxury Condo Hotels cropping up in cities like Celebration, FL, Las Vegas, NV, New York, NY and Chicago.
Clearwater Beach Luxury Condo Buyers have shown an attraction to these types of property in areas where the cost of owning a second home or vacation home is high like Clearwater Beach Florida where the average condo price has almost doubled in the last 3 years.
Condo Hotels are typically luxury 4 and 5 star world class resorts managed by some of the finest names in hospitality like Hyatt, Ritz Carlton, Four Seasons, Trump International to name a few.
Is a Clearwater Beach Condo Hotel the same as a Timeshare?
No, but that is a common question. Unlike a time share the Condo Hotels in the Tampa Bay Area are yours to use as much as you’d like within the agreed to guidelines while a timeshare is usually just assigned for your use on a designated period of time every year like one week.
Also, with a Clearwater Beach Condo Hotel, when you are not using it and it is rented out you typically receive about 50% of the rental fee making this an attractive feature for some, not to mention the luxury lifestyle offered along with the potential for hassle-free ownership.
Another advantage of a Clearwater Beach Condo Hotel over a Timeshare is that it is typically easier to resell because for the reasons mentioned above.
Options for Financing your Clearwater FL Condo Hotel Unit?
As the Condo Hotel Unit has become more common it has become easier to find lenders to finance these properties, however, they typically require a 20-30% downpayment on the unit.
Clearwater Florida Condo Hotels Available Now
- Cay Clubs Resort and Marinas, Clearwater Florida 33764
- Clearwater Cay Clubs
Clearwater Beach Florida Condo Hotels accepting Reservations – To be built
- Aqualea Resort and Residence of Clearwater Beach Florida
- Kiran Grand Resort and Spa, Clearwater Beach Florida
Other Florida Condo Hotel Resources:
- The History of Condo Hotels
- Celebration, Florida’s Colleen Kulikowski – Celebration Florida | Icon Celebration Condominium Residences
- The Mortgage To Go Guy, David Podgursky – Florida Mortgage Loans | Condo-Hotel/Condotel Financing Explained
- Miami, Florida’s Ines Hegedus-Garcia – Miamism | Condo Hotel Craze
Florida Luxury Real Estate on the Beach
Are you looking to buy a Clearwater Beach front Condo or Clearwater Beach Condo Hotel where you can enjoy our beautiful beaches? Here’s what some of our past clients have to say about how we helped them….
** CLICK ON PHOTOS BELOW TO SEE CLIENT VIDEO TESTIMONIALS **
Buyers tell us that selecting the best Clearwater Beach Real Estate Agent, especially online or from a distance, can be a challenge. Some of our past clients agreed to share their experiences and tell you why they think you should work with us.
The above information and images are Copyright © 2007 Jack and Cyndee Haydon, REALTORS and your Clearwater Beach Real Estate Consultants and may not be copied, reproduced, distributed, transmitted, displayed or published. All rights reserved. Plagiarism will be detected and is punishable by law.
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