Condotels, Studio Flats, Apartments, Buy to Let Properties, “How This Little-Known Real Estate Investment Opportunity Could Be Your Secret Weapon To Building Wealth”
The big picture about Philippine Condo-Hotels or “Condotels” one of the hottest products in today’s Real Estate market. Imagine Hotel Style Living 365 Days a Year!
Condo-Hotels provide the resident unit owner with more facilities than regular Condominium buildings. Unit Owners in a Condotel enjoy the benefits and privileges of full Hotel Services in a Residential environment. Condo-Hotels are also the newest trend in vacation home ownership. Live in it when you’re there, and rent it out when you are not. These types of projects are becoming more and more attractive for businessmen, vacation homebuyers and individual investors not only because of the superior facilities and amenities but more importantly the attention to maintenance of the buildings through the 24-Hour Condotel operations
Philippine Condotels open the door to luxury or “Life Style” Real Estate
Many new real estate investors hesitate to jump into the luxury real estate market. They either don’t know how to jump in or where to begin, or they think luxury real estate is too far out of their reach. While it’s true that the price tags on luxury properties can be staggering, especially for individuals new to real estate investing, the only way to get used to dealing with luxury properties is to get started. Condotels offer an excellent way for real estate investors to become quickly acclimated to luxury real estate
The luxury real estate market is not going away. It’s growing steadily, driven by strong demand. Much of this demand comes from a young demographic, which means in the long run, the demand for luxury real estate is likely to increase significantly. As a real estate investor, this is the time for you to become involved in the luxury market, before prices rise further. Your appreciation potential can be tremendous, and the right condotel properties in the right locations can play a significant part in your luxury real estate portfolio
If you’re going to become involved in luxury real estate, including condotels, act confidently. Even if you’re new to the luxury “Life Style” market, act as if you’re familiar with it already. Too often, newcomers fail to do well in luxury real estate because they become overwhelmed. They go to see luxury properties and they act as if they’re overly impressed, as if they’re not used to being around luxury real estate
This is a problem when buying and selling. If you act too impressed or overwhelmed when you buy luxury real estate, including condotels, you won’t get the best deal. If you act too desperate to unload the luxury property when you sell, as if you’re afraid to hold onto it because it’s out of your league, you won’t get the best deal either. In order to succeed in luxury real estate, in order to gain the most profit out of your luxury condotel properties, you have to act comfortable with luxury, even if you’re not
Condotels can help you open the door to dealing in luxury real estate. While to best condotel properties are pricey, they still cost less than some luxury homes you might want to become involved in down the road. Financing is increasingly available for condotel properties. Condotels are located in all the best real estate markets, the places that draw tourists, businessmen, luxury buyers and investors. And condotels are a hassle-free investment, a great way to diversify your portfolio while getting started in luxury real estate
When you select the right condotel property, backed by a reputable builder, in a hotel that offers great service, you won’t have to worry about attracting the right renters and buyers. A professional hotel management will keep your condotel unit occupied with renters, with some condotel properties, one week’s rental can cover a monthly mortgage payment, and they will practically bring potential buyers to your door when you wish to sell the property. When you stay in the condotel yourself, you will become increasingly acclimated to luxury living and understand what your buyers are looking for..
If you can appreciate the long-term growth potential of the luxury market, if you’re willing to jump in and not be overwhelmed or intimidated by luxury properties, you can expand to a new level of real estate investing and develop a lucrative portfolio. The right condotel properties in the right locations can be a great way for you to become involved in luxury real estate
To get started, lean more about the demographic that is driving the luxury real estate market; visit and become familiar with luxury properties, including staying in hotels in the area, for example the Waterfront Airport Hotel in Mactan; and follow the big builders to the best condotel properties in the hottest markets, like Mactan, Cebu and Metro Manila
If you’re willing to become involved in “Life-Style” real estate, via condotel investments in the Philippines, you will have a distinct advantage over other investors that hesitate to enter the high-in-demand realm of lifestyle properties and you need look no further than investments in the Lancaster Cebu Resort Residences in Mactan, Cebu or the Lancaster Suites, Shaw Boulevard, Metro Manila
For those planning to reside in Condotels in Cebu or Manila, Pacific Concord Properties Inc Lancaster Suites owners & residents can utilize the services provided by the Condotel, such as the swimming pool and other recreational facilities, restaurant & bar, concierge, 24-Hour housekeeping and room service.