What is a condo hotel?

How to not worry about your unit

Imagine that your second residence is not a house in the country, not even a penthouse or apartment on the beach, but rather a hotel room. That's right, you can own a one room, or several, thanks to the condo hotel formula. This type of real estate investment emerged in the pre-crisis era and now, years later, it is gaining strength again. Coming from the word condominium, which means "possession of a thing, especially a real estate, by two or more people at the same time", the condo hotel method consists of the possession of one or several rooms half with the company hotel. The accommodation belongs to the individual who acquires it, it is a functional unit of which its owner has title deeds, but is managed by the hotel, which takes care of reservations and maintenance costs.