What is a Condo Hotel?
We are often asked about which properties we recommend and why. There is no standard reply. Since we are a info portal and not sales people but what we can say in response is that “most people have found buying into a condo hotel development has been a rewarding experience.” Even with this response, there are still many question that our visitors have, so we thought it would be helpful to give you this information and allow you to educate yourself in the condo hotel business structure.
The Costa Rica Condo Hotel Guide will follow this outline and will be published in separate parts. The guide series will begin publication this month so please check back with us to follow the guide as it is published.
Guide to Purchasing a Costa Rica Condo Hotel
- What is the concept of a Condo Hotel?
- How would I benefit purchasing a Costa Rica property using the condo hotel business model?
- What is the relationship of the developer and the Costa Rica Condo Hotel management?
- What is the typical contractual arrangement made between parties in a Costa Rica Condo Hotel?
- Is it mandatory to participate in the Condo Hotel rental management pool and can I rent it by myself?
- What can I earn from my rental revenue share for my Costa Rica Condo Hotel. Is there a guarantee?
- Where are the Costa Rica Condo Hotel developments in Costa Rica located?
- Are all Costa Rica Condo Hotel developments new construction?
- What is the price range for the Costa Rica Condo Hotels for sale?
- Is there cost savings when buying from the developer rather than through Coldwell Banker Jaco?
- Do Costa Rica Condo Hotels have special financing available?
- What is the demographic of Costa Rica Condo Hotel buyers?
- What makes on Costa Rica Condo Hotel more successful than another?
- Is there a recipe for success?
As you can see there is quite a bit of information that will be covered in the Costa Rica Condo Hotel Guide. The information provided is presented without bias and only refers to DayStar Properties as an optional choice when a referenced is made. In other words, the guide is factual and it information can be applied to the general condo hotel market. We highlight DayStar because living locally and being immersed in the pulse of the community, we know that the owners of DayStar projects have made a solid investment and nobody has lost money unlike other developers in this area. It is simply a rock solid company that is weathering the economic storm like all of us and has ups and downs like everyone.
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[...] Part 1 mainly dealt with explaining what this guide is about and laid out an outline of what to expect in the coming sections. You can read it here if you missed it. [...]
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