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Marco Island, Florida PropertyFind Condos, Real Estate, Homes for Sale
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Marco Island is located in Florida. Shop and compare from our list of Marco Island, Florida real estate, Marco Island, Florida property, Marco Island, Florida homes for sale, Marco Island, Florida condos for sale, and Marco Island, Florida investment property.
One of the hottest commodities in real estate today is the Florida condo hotel. Bridging the gap between traditional condominiums and hotels, the condo hotel presents the best of both worlds: luxury accommodations in highly desirable locations along with upscale shops and restaurants.
The investment opportunity presented by Florida condo hotels is unprecedented. Indeed, most new properties sell out in the pre-construction phase. In doing so, investors are able to obtain lower prices, secure many of the best units, and gain appreciation on their investments before ground is even broken.
Many people opt to purchase a Florida condo hotel not only as an investment, but also as a vacation home. Generally, Florida condo hotels provide first class accommodations in highly desirable locations. When the owner is not using the property, the condo hotel unit can be rented out to tourists. Typically, the owner doesn't have to take responsibility for renting, managing, and maintaining the unit, making the process free of the headaches and hassles of owning other rental properties.
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Like any real estate investment, the key is location. A condo hotel located in Marco Island, Florida, one of the hottest housing markets in both the United States and the world. Recently, analysts have reported that Florida property is undervalued by as much as 30 percent when compared to other major U.S. markets. That, together with an average hotel occupancy rate of almost 80 percent and 40 to 55 million annual visitors, makes Florida condo hotels prime investment opportunities.
It's easy to understand why Marco Island, Florida is such a desirable destination. After all, Florida boasts 300 days of sunshine a year, over 1,000 miles of coastline, and an average temperature of 70 degrees. And Florida is the center of family-friendly theme park destinations. Walt Disney World was first on the block, with 28,000 acres of family fun. Universal Studios and Sea World round out the top three, again with thrills for the whole family. It's estimated that it would take you over two months of eight-hour days to experience Florida's hundreds of attractions. It's clear why tens of millions of tourists visit Florida each year.
It's equally obvious why investors are flocking to buy property in Florida. Condo hotels are the latest real estate investment trend in hot destinations like Marco Island, Florida. Between the theme parks, the world-class restaurants, the golf courses, and the opportunities to engage in water sports, Florida investors are seeing phenomenal returns on their investments.
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