What Exactly Is A Condo Hotel?

Watsons Regency LobbyYou might have seen or heard a lot about condo hotels in Ocean City.  There are a few great condo-hotel buildings in Ocean City that produce huge rental income.  To the “untrained eye” these buildings appear to be your typical hotel…  Operated with nightly rentals, a front desk, and daily maid service.  They also might have amenities such as a pool, restaurant, and fitness room.

However, you may be surprised to find out these buildings are actually privately owned condominiums.  The front desk takes care of almost everything to produce great rental income for the condo owner.  They acquire and book the guests stay.  They will also handle all of the guests needs, wants, and complaints.  The owner’s condo is even cleaned and maintained daily!  In the meantime the condo owner is collecting a rental income check every month.

Now there are additional fees associated with this type of ownership, and it certainly is not for everybody!  However, it is great for those people looking for almost completely “care free” ownership, great rental income, and personal use as well.  These associated fees for these condos vary by building….So get in touch today to receive estimated rental income and a list of fees associated with ownership of these great condos!