Condo hotels, also known as condotels, are buildings that are legally condominiums but operate as hotels. Units may be sold to individual owners for their personal use and/or for renting out to others. Condotels such as ones in The Grove, have an on-site agency taking care of everything from marketing these suites to the concierge services, maintenance, reservations, housekeeping and more. Unlike a timeshare where you usually get only a week out of the year to use for vacation purposes, when you own a condotel, you are owning real estate. By holding ownership of this type of property, you enjoy more flexibility as to when you choose to stay there and when you would like to open it up for guests.

 

The Grove’s residential-style suites currently available for purchase come fully furnished, have two to three bedroom floor-plans and start from the $350s. They include a fully equipped kitchen perfect for home-cooked meals, separate dining and living room, full-sized washer and dryer and a screened-in balcony ideal for when you feel like just taking it easy. The Orlando, Florida luxury vacation home community truly offers the best of both worlds by featuring amenities found in both hotels and vacation rentals.

 

Guests at The Grove have plenty of family-friendly activity options when taking a day off from Orlando’s famous theme parks. Not only does the community include three swimming pools, but they also have a fun filled on-site Surfari Water Park, complimentary to all resort guests. Visitors are able to float along a 695-foot lazy river, catch a wave on the double surf simulator, plunge down dueling two-story water slides or unwind in a private cabana. Children also get to experience extra thrills at an adventurous kid’s aquatic jungle.

 

Beyond its water park, the resort’s endless excitement continues with their state-of-the-art arcade that is attached to a glow in the dark miniature golf course, a full-service onsite spa, 24-hour fitness center, children’s activity center and daily transportation to Disney World. For those longing to escape into nature, Lake Austin Pier is a serene site for exquisite views, kayaking, paddle boarding, fishing and other water sport activities. As for dining, the resort includes different options with three on-site restaurants, two of them offering poolside seating.

 

 

Acquiring ownership of a condotel, such as one in The Grove Resort & Waterpark, is a fantastic opportunity for those ready to buy their first investment property or want option of residing in a popular holiday spot. Please get in touch with us for more information about buying vacation property this blooming tourist destination.