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Perhaps the term Condotel, or Condo Hotel is new to you? Quite simply it is a normal hotel with all facilities you would expect. Guests check-in, are allocated a room, enjoy the facilities, then check out, just like any hotel. But there is a difference in the financial structure of a condo-hotel...... Each suite is individually owned - like a condominium or block of flats, (and strictly controlled by condominium laws of Florida). Owners receive freehold title and can use their suite any time, and sell, lease, or dispose of it just like any other fee simple property. The hotel is run by a professional management company and income is divided on a strict percentage basis between owners and management. A significant difference between this and owning a short-term rental villa is you don't have to find your own rental clients. The client base for Mona Lisa is the high end tourist and conference market with suites at around $300 per night. This will mainly be the American market, which is not as volatile as the overseas holiday market. Another unique investment feature for Mona Lisa at Celebration - the contract to purchase is sellable (assignable), even prior to closing. Click to visit our dedicated Mona Lisa Condotel web site here Some existing motels are being converted in the Kissimmee area, but Mona Lisa at Celebration is a purpose built
luxury hotel. As Real Estate agents in the Disney town of Celebration, we know what the attraction is for this town. Mona Lisa is to be built on the edge of Celebration, only a few minutes from Disney World. Location is everything for hotels, and Mona Lisa could not be better placed. Only a mile or two from the entrance to Walt Disney World, at the junction of the arterial roads of I-4 (Orlando and Tampa), 417 (Orlando airport) and 192, and on the edge of the famous Disney town of Celebration. It is also only a stones throw from the Orlando Convention Center and many conventioneers already stay in the existing Celebration Hotel. The hotel will have 240 top class rooms, in one and two bedroom suites with separate bedrooms, fully fitted luxury kitchens and balconies. As expected in Celebration, this project will be considerably above average and both hotel and suites will be luxuriously equipped. It will be only a matter of time before Mona Lisa at Celebration becomes one of the premier hotels in the area.
Construction is now moving along on schedule and pre-build release prices are increasing substantially with each release. Call us to discuss these matters personally using our local call UK hotline - you just pay your local call charge. |
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Interested in an Orlando investment property - email us your questions |
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In America dial 1 888 533 3327 in UK 0871 711 5176 |
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Condo laws of Florida prevent publication of
estimated income from this type of investment, but hotel occupancy is currently around 90% in Orlando - tourist capital of the world. Marketing is done by the hotel, so
unlike a private rental villa/property, you don't need to find rentals. Rooms will be allocated on a rotational basis and income proportioned between the suite owner and the hotel administration. 
