There is no question that condotel are gaining in popularity all across the country. There are benefits.  For example, developers can sell some or all of the rooms and monetize their investment up front and owners, can generate a potential income stream from renting the room out when not using it.  However, there are risks.  By dividing project ownership into individual components, new levels of complexity over the traditional hotel project are created.  Condotels gain popularity with today’s vacation crowd provides a closer look at the pros and cons of owning a condotel.

For more information, contact MillionSaverHomes.com a local Las Vegas real estate broker at 702.212.3513

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This entry was posted on Tuesday, May 16th, 2006 at 3:10 pm and is filed under Las Vegas Real Estate. You can follow any responses to this entry through the RSS 2.0 feed. Responses are currently closed, but you can trackback from your own site.