Why Condotels? Best of Both Worlds in Vacation Home Ownership
Condos within lifestyle resorts, or condotels, are one of the latest trends in vacation living – for good reason! They are filled with amenities and conveniences unlike a typical vacation condo or home. What makes a condotel resort a “lifestyle” resort? I define lifestyle resorts as vacation condotel communities that include 5-star restaurants onsite, among many other world-class amenities within the same property. Additionally, given these vacation homes are part of private resorts, homeowners also receive the same perks as one does staying in a high-end hotel. Condotels offer both hassle-free vacations and stress-free property ownership to help offset costs
Let’s dive into some of the amazing benefits of leveraging the resorts’ management companies.
Advantages of Resorts’ Management Companies
Though you would privately own your unit within the condotel community, the resort is operated by an approved management company that you get to take advantage of. That includes more than just maintenance of your home, which is already an impressive perk. Other advantages include:
- Marketing of your vacation rental, allowing you to simply ride on the coattails of the resort’s marketing initiatives and reap the benefits of a fully booked rental.
- Management of rental bookings, which enables you to be almost entirely hands off with your vacation home rental. You just block out dates you intend to stay in your home and the management company handles the rest.
- Guest services are handled by the resort, meaning no late-night phone calls or emergencies for you to address. You can sit back and trust that the resort’s guest services have your best interests in mind.
When you buy vacation homes near Disneyworld, particularly condotels, you gain a turnkey home, hassle-free rental management, and an extremely low vacancy rate year-round thanks to the endless local attractions in Orlando. Check out my top 5 condotels to purchase as a vacation rental and investment property in the Orlando area.
Purchasing a condotel from Sunset Walk means you are gaining a brand-new vacation home as the location has yet to open – it’s coming to Orlando in 2022. The Sunset Walk community is fantastic thanks to its central location that enables non-stop lifestyle entertainment. Sunset Walk is near Island H2O Water Park, Margaritaville, Promenades’s vast dining hot spots, and much more.
Being part of the Hilton Hotels network, Sunset Walk is managed by Encore Capital Management, which provides guests with unmatched onsite amenities and conveniences such as a fitness center, 24-hour security, complimentary park shuttles, complimentary comedy show admissions, daily live entertainment, five partnering bars, and restaurants, among other great offerings.
Sunset Walk has condos for any and all needs, offering studios, 1 bedroom, and 2 bedrooms, with prices ranging from the mid-$200’s to the high-$400’s (depending on your selection and square footage).
Learn more? Click here: Sunset Walk – Embassy Suites by Hilton
If you are looking for a luxury vacation home, look no further. Sycamore Resort offers an urban living experience with a total of 378 units across six buildings. Beyond the style, a resort wouldn’t be luxury without amazing inclusions, and that’s exactly what Sycamore Resort offers. It is one of the most all-inclusive resorts you can find in Orlando, with a gated community, stunning welcome center, poolside bar, onsite restaurant, fitness center, convention center, children’s playground, and more. Additionally, the property is mere minutes from Disney – a massive benefit to your guests (and you).
As we saw with Sunset Walk, Sycamore Resort offers several condo models to choose from 1 bed/1 bath at 684sqf., 2 beds/2 baths at 1237sqf., and 3 beds/3 baths at 1481. Sycamore Resort’s units range from $400’s to $500’s, depending on the model you choose.
Learn more? Click here: Sycamore Resort
If you have a passion for golf, Spectrum+ is sure to be your personal paradise. This resort offers three gorgeous par 72 golf courses with golf-cart transportation service included. Their three courses are Palmer Legacy Course (6,916 yards), Watson Independence Course (7,154 yards), and the Nicklaus Traditional Course (7,255 yards). Each course is unique, providing its own challenge and excitement.
Outside of the courses, Spectrum+ offers dining and bartending by world-renowned chefs, a resort-style pool, flex park space for endless activities, a clubhouse with a game room, an onsite market, transportation to theme parks (which are minutes away), and more.
Learn more? Click here: Spectrum+ at Reunion Resort
An adventure for the entire family, it might be a challenge to get the kids to ever want to leave the resort (even with Disney an arm’s reach away)! The Grove’s Surfari Water Park offers water slides, a lazy river, surf simulators, private cabanas, and an aquatic jungle for kids. Beyond the fun the kids can have in the water, the Grove has multiple onsite bars and restaurants as well as a full-service spa (so the adults can have their fun, too).
As for the homes themselves, they are stunning, giving you turnkey, fully furnished, 2–3-bedroom models starting in the $300’s. Thinking about all of the onsite amenities, their cost seems like a steal for luxury living that’s a blast for the whole family.
Learn more? Click here: The Grove Resort & Water Park – The Terraces
The Flats have found a way to perfect the balance between fun, luxury, and relaxation for every member of the family. They have amenities specifically created for kids and teens, allowing parents to relax in a massage at the spa, or at the onsite rooftop bar, knowing their children are being cared for by our onsite staff. The Flats also have pool areas with lanais, an onsite gym, a stunning rooftop terrace with all-day dining that overlooks the park’s nightly fireworks, and more.
Offering studio, one-, two-, and three-bedroom furnished units, the Flats provide you with multiple size options across seven floors you can choose from. Each unit comes with the amazing amenities shared and an eco-focused guarantee.
Learn more? Click here: The Flats Orlando
Conclusion When you are looking to purchase a vacation home, don’t just buy a typical home or condo that lacks amenities and the conveniences of an onsite professional management company. Go the condotel route for a stress-free and turnkey experience that offers nothing but rewards for you and your guests. Using this list, you can find the perfect condotel in the Orlando area to assure you have a blast when you are vacationing and ensure your unit has the maximum rental exposures.
I’m Ready! What’s next?
Your Trusted Partner – Mike Chen (Your Vacation Home Specialist in the Orlando / Disney Area )
Finding the right realtor is always an intimidating process, but that is certainly amplified when you are both looking for real estate outside of your hometown and seeking to purchase a home specifically as a vacation rental. That is precisely where my expertise is so beneficial to my clients. Not only am I well-versed in the Kissimmee, Florida area, but I am a vacation homeowner and operator myself. I understand what areas have the highest occupancy and why, trends that are important for investors, how to manage booking, and much more. I’m more than just a real estate agent, I’m passionate about being a resource to others looking to step into the amazing business that is vacation rentals. Allow me to help you find your perfect property, one that attracts guests year-round – reach out today or give me a call at 503-888-8070!
Meet Mike Chen, click HERE.
Learn about how we got started as vacation homeowners? Click HERE.