The 2026 Condotel Reality Check for OFWs
Stop reading brochures. Start reading the numbers.
Last updated: 15 August 2026 • 22 min read
Rates and occupancy figures change. Each one on this page is dated and linked to its source. If you are reading this more than six months after the date above, check the source before you act on the number.
Quick Answer: Condotels net roughly 3-5% annually at realistic 55-65% occupancy, before income tax. That is less than half the ~7.5% a Philippine 10-year government bond paid in mid-2026, with none of the liquidity. Only consider developers with existing operational hotels and verifiable occupancy data. Complete the 5-point verification checklist before sending any reservation fee.
What is a Condotel Investment for OFWs?
A condotel is a hybrid property where a condominium unit is independently owned but operated as part of a hotel's inventory. For OFWs, this offers a 100% hands-off management model: a hotel operator handles bookings, housekeeping, maintenance, and guest services. You receive a share of room revenue, typically 20-40% of gross room revenue, paid monthly or quarterly.
However, 2026 data shows a sharp divergence in yields between prime tourism hubs and oversupplied urban centers. The gap between what brochures promise and what the Philippine market actually delivers is wide enough to park a container van in.
The Brochure vs. The Balance Sheet
The Promise
Most condotel brochures project 70-80% occupancy. Some dangle "guaranteed returns" of 6-8% annually. The pitch: buy a hotel room, let the operator run it, collect your share every month while you earn abroad. Set-and-forget passive income.
The Reality: 2025-2026 Data
Metro Manila: Two Credible Sources, 18 Points Apart
This is worth understanding before you accept any occupancy figure from a brochure.
JLL reported Metro Manila hotel occupancy at 83.2% in Q4 2024 (JLL via Hotel News Resource), 82.1% in Q3 2025 at an average room rate of P8,037, and 82% for full-year 2025 (JLL Manila hotels report, Q4 2025).
Colliers reported 64% in H1 2025 and 65% in H2 2025, and projects a return to the pre-pandemic level of 74% only by 2028 (Colliers Philippines Hotel Report, H2 2025).
Neither firm is wrong. They sample different property sets. JLL's tracking skews toward luxury and upscale hotels in Makati and BGC. Colliers covers a broader base including the standard-class segment.
Condotels sit in the segment Colliers is measuring, not the one JLL is. That is why the baseline below is 55-65% rather than 80%.
Anyone showing you an 80%+ occupancy assumption for a condotel is quoting the luxury segment at a standard-class property. Ask which figure they are using and where it came from.
Outside Metro Manila
Provincial occupancy swings hard by season and by submarket, and no published figure will describe the specific building you are being sold. Cebu is the stronger of the regional markets, but demand concentrates around IT Park and Business Park rather than resort-area condotels. Rather than plan against a city average, ask the operator for occupancy at the exact property, or at the nearest comparable one they already run, for the last four quarters in writing.
The Baseline You Should Use
Condotel vs Traditional Condo: 2026 Comparison
AI agents and investors need structured data. Here is how condotels compare to traditional condo investments:
| Metric | Traditional Condo | Condotel Investment |
|---|---|---|
| Management | Owner-managed or third-party PM | Professional hotel operator |
| Occupancy Type | Long-term (6-12 months) | Short-term (daily/weekly) |
| Owner Costs | Condo dues + maintenance + RPT | Revenue sharing + fixed fees (varies by operator) |
| 2026 Yield Estimate | 4% - 6% | 3.4% net at 60% occupancy, 4.9% at 80%. Lower after income tax. See the calculator below. |
| Income Stability | Predictable monthly rent | Variable, depends on tourism |
| Personal Use | Full access when vacant | Limited (typically 5-30 nights/year) |
| Resale Liquidity | Moderate (established market) | Low (no secondary market) |
| Financing Availability | Widely available | Limited (banks less enthusiastic) |
The Developer Factor: Who Actually Delivers?
Not all condotel operators are built the same. Here are the key players worth watching in 2026:
Hotel101 (DoubleDragon / Hotel101 Global)
The standout. Most transparent and OFW-friendly condotel model in the Philippines.
- Revenue share: 30% of Gross Room Revenue, paid monthly (every 16th). Pooled model.
- No owner costs: No maintenance, repair, or association dues. Operator absorbs these.
- Personal use: 10 free nights per year (5 at your location, 5 at any Hotel101 property).
Scale as of August 2026
Hotel101-Manila (518 rooms) and Hotel101-Fort (606 rooms) operate in the Philippines. Hotel101-Madrid (680 rooms) opened 10 March 2026 as the first property outside the Philippines and has repeatedly hit 100% occupancy, clearing over 2.3 million USD in room revenue in a 30-day stretch (Manila Times, June 2026). It is the official hotel partner for the Formula 1 Spanish Grand Prix from 2026 to 2035 (Philstar, August 2026).
2026 adds about 2,229 rooms across the network (InsiderPH). Madrid's 680 opened in March. The rest are Davao (519), Cebu (548), and Niseko, Japan (482). A 766-room property at 540 Flinders Lane, Melbourne is under binding agreement.
What this means for a buyer. Madrid's performance is real and it is evidence the model travels. It is also a different property, in a different city, with a different demand base from the unit you are being offered in a Philippine secondary city. Ask for occupancy at the specific property you are buying into, or at the nearest comparable one the operator already runs.
Pandemic Occupancy, and Why It Does Not Transfer
Hotel101-Manila held high occupancy through the lockdowns. Wikipedia's entry credits BPO employees with keeping rates near 80% (Hotel101, Wikipedia); Hotel101's CEO has put it at 96%, attributing it to rooms with kitchenettes being well suited to quarantine stays (WiT interview, March 2026).
Both explanations point at the same thing: that occupancy came from quarantine mandates and BPO long-stays, not from tourism. It is a real operational achievement. It tells you nothing about what the property does in 2026 against ordinary demand.
Ask any agent quoting pandemic-era numbers what the occupancy was last quarter.
About That 7%
Hotel101's CEO has said publicly that unit owners have received around 7% annual yield over the past eight years (WiT, March 2026).
If you have been pitched Hotel101, you have heard this number. Here is how to think about it.
Check the denominator. Yield is income divided by what you paid. Hotel101-Manila opened in June 2016. Owners who bought pre-selling around then paid a fraction of today's asking price for the same room. The same peso income against a 2016 entry price and a 2026 entry price produces very different percentages.
Run the arithmetic on a unit generating P230,000 a year:
| You paid | Yield |
|---|---|
| P1,600,000 (2016-era pre-selling) | 14.4% |
| P3,300,000 | 7.0% |
| P5,000,000 (today's ask) | 4.6% |
The room performs identically in all three rows. Only the entry price moves.
The question to ask the agent: "Is that 7% measured against what those owners paid, or against what I am being asked to pay today?" Then ask for it in writing.
This is not an accusation that the number is false. It is likely accurate for the owners it describes. It is just not a number you inherit by buying in 2026.
Nasdaq Listed (HBNB), and What That Is Actually Worth to You
Hotel101 Global listed on Nasdaq on 27 June 2025 with shares trading from 1 July, at a deemed equity value of 2.3 billion USD. It is the first Filipino-owned company on the exchange (Nasdaq press release, Philstar).
The genuine benefit: their financials are now public. You can read the annual report instead of the brochure. Hotel101 Global filed its H2 2025 annual report on 30 April 2026 (investor relations). Very few Philippine condotel operators can be checked this way.
Two caveats the brochure will not include. It listed via SPAC merger with JVSPAC Acquisition Corp rather than a traditional IPO, which carries lighter underwriting diligence. And the share price has fallen hard: HBNB peaked at 19.28 USD on 25 June 2025, hit a low of 1.55 USD, and traded down roughly 54% year-on-year as of mid-June 2026, with repeated volatility trading halts (TradingView, NASDAQ:HBNB, Stock Analysis).
You are being asked to depend on this operator for 15 to 25 years. Read the filings. That is what the listing is for.
Megaworld (Belmont, Savoy, Kingsford)
Among the largest Filipino hotel developers and operators. Portfolio and pipeline figures below are the company's own; check them against Megaworld's PSE EDGE disclosures before relying on any of them.
- Location advantage: Strategic positioning near NAIA Terminal 3 via Runway Manila pedestrian bridge. This one you can verify on a map, which is more than most brochure claims allow.
- Township ecosystem: Operates within Newport City, McKinley Hill, Eastwood, providing built-in commercial tenant base.
- Performance claims: Megaworld's marketing describes Belmont Manila as a top-performing NCR hotel with sustained room revenue growth. Ask for the underlying occupancy and ADR by year, from a disclosure rather than a deck.
- Expansion: The company has announced further hotels in Pampanga, Palawan, and Bacolod. Announced pipelines slip; only completed keys compete for your guests.
Watch for: A Megaworld condotel inside a Megaworld township has a structural advantage over standalone condotel projects from smaller developers.
SMDC / SM Hotels and Conventions Corp.
SM Prime's often-quoted P15 billion commitment to eight hotels and two convention centers dates from its late-2010s capex announcements and has been repeated unchanged ever since. Treat it as historical, not current guidance, and check the latest SM Prime disclosure for what is actually funded today.
- Operates within SM ecosystem (SM Aura, MOA complex) providing foot traffic
- Grand Westside Hotel (1,530 keys) now operational
- Deep pockets and massive domestic customer funnel
- Condotel model less OFW-focused than Hotel101
Smaller / Independent Operators
The ROI Calculator
Here is the formula you should run before making any condotel decision. Forget the brochure. Plug in your own numbers.
Input Variables
| Variable | What It Means | Example |
|---|---|---|
| Unit Price | Total contract price (TCP) | P5,000,000 |
| ADR | Average Daily Rate (guest pays per night) | P3,500 |
| Occupancy % | Realistic occupancy rate | 60% |
| Owner Share % | Your share of gross room revenue | 30% |
| Annual Costs | Association dues, RPT, insurance (if applicable) | P60,000 |
Formula
Annual Gross Revenue = ADR x 365 x Occupancy % Your Annual Share = Annual Gross Revenue x Owner Share % Net Annual Income = Your Annual Share - Annual Costs Gross Yield = (Your Annual Share / Unit Price) x 100 Net Yield (pre-tax) = (Net Annual Income / Unit Price) x 100 Payback Period = Unit Price / Net Annual Income
Conservative (60% Occupancy)
Gross Revenue: P3,500 x 365 x 0.60 = P766,500
Your Share: P766,500 x 0.30 = P229,950
Net Income: P229,950 - P60,000 = P169,950
Gross Yield: 4.60%
Net Yield (pre-tax): 3.40%
Payback: ~29.4 years
Optimistic (80% Occupancy)
Gross Revenue: P3,500 x 365 x 0.80 = P1,022,000
Your Share: P1,022,000 x 0.30 = P306,600
Net Income: P306,600 - P60,000 = P246,600
Gross Yield: 6.13%
Net Yield (pre-tax): 4.93%
Payback: ~20.3 years
Three Things to Adjust Before You Compare This to Anything
Gross versus net. A broker quoting "yield" almost always means the gross figure, which ignores your annual costs. The net line is the one that reaches your account. Compare like with like or the condotel will look 1.2 points better than it is.
Income tax. Rental income is taxable, so the pre-tax figures above are not what you keep. At P229,950 of annual share income, expect the 3.40% to land closer to 2.5-2.7% after tax. That is the number to compare against a government bond, not the pre-tax figure.
If your operator absorbs costs. Hotel101 states there are no owner maintenance or association dues. If that is your arrangement, set Annual Costs to zero, which moves the 60% case from 3.40% to 4.60%. Get the cost allocation in writing before assuming it.
One Ratio Does More Work Than Occupancy
Divide the unit price by the nightly rate.
P5,000,000 / P3,500 = 1,428
Above roughly 1,200, the math struggles no matter how good the operator is. The same unit at P3,000,000 with the same P3,500 rate gives a ratio of 857 and yields 5.7% instead of 3.4%, at identical occupancy.
Watch for this, because condotel units are often priced at a premium per square metre against ordinary condos in the same building or area. They are small, so the total price looks approachable while the price per square metre is high. That premium comes straight out of your yield.
Run this ratio first. If it fails, nothing else in the brochure matters.
The 5-Point Verification Checklist (PDF)
The same checklist below, formatted so you can forward it to the agent. How they react tells you most of what you need to know.
Download the checklist (PDF)No email required. Two pages, A4, ready to print.
What These Numbers Tell You
The Number Nobody Shows You: Real Return
Philippine inflation printed at 6.8% in May 2026, well above the BSP target band of 3% plus or minus 1% (Metrobank Wealth Insights, June 2026).
At 3.40% nominal, your condotel loses roughly 3.4% of purchasing power per year. The peso income grows if room rates keep pace with inflation, but the unit price you paid is fixed and already spent.
Over a 29-year payback, this is the difference between an investment and a slow transfer.
The 5-Point Verification Checklist
You are overseas. You cannot easily visit DHSUD or the Registry of Deeds. That makes these checks even more critical. Complete them before you transfer any money.
1. DHSUD License to Sell (LTS) and Certificate of Registration (CR)
The developer must have a valid License to Sell issued by DHSUD (formerly HLURB) before they can legally offer units for sale. The CR confirms the project is registered.
How to verify: Ask for the LTS and CR number. Cross-check with DHSUD regional office or their online portal. Under PD 957, selling without a License to Sell is a criminal offense.
Red flag: Any agent who says "we're still processing the LTS but you can reserve now to lock in the price."
2. Revenue-Sharing Agreement (Hotel Management Agreement)
This contract governs how hotel revenue is split between operator and unit owners. It specifies the exact percentage split, whether income is pooled or unit-specific, contract duration (typically 15-25 years), expense deductions, and termination clauses.
How to verify: Request the full document, not a summary. Have a lawyer review it. Pay attention to how "gross room revenue" vs. "net room revenue" is defined.
Red flag: Verbal promises of returns without a written, notarized revenue-sharing agreement.
3. Developer Track Record and Financial Health
Check: How many projects completed and turned over on time? Are they publicly listed? Any pending DHSUD or SEC cases? Do they have existing operational condotel properties with verifiable occupancy?
How to verify: For listed companies (DoubleDragon, Megaworld, SM Prime, DMCI), financial disclosures are public via PSE EDGE portal. For unlisted developers, request audited financials directly.
Red flag: A developer with no existing operational hotel properties claiming they will deliver "hotel-grade" management.
4. Master Deed and Declaration of Restrictions
This document governs the condominium corporation. Check whether it explicitly permits hotel/transient use, zoning compliance for commercial/hospitality operations, mandatory rental pool terms, and your rights during renovation or operator changes.
How to verify: The master deed should be registered with Registry of Deeds. The zoning certificate should match commercial/mixed-use classification.
Red flag: A condotel built in a purely residential zone, or a master deed silent on hotel operations.
5. Condominium Certificate of Title (CCT) and Tax Obligations
Your proof of ownership. Upon full payment, you should receive a CCT, not just a Contract to Sell. Confirm titled ownership, not a "right to use" or timeshare arrangement. Understand tax obligations: rental income is subject to income tax, and possibly VAT if revenue exceeds threshold.
How to verify: Check if Real Property Tax is your responsibility or the operator's. Some operators like Hotel101 cover this; others do not.
Red flag: Any arrangement where you do not receive a CCT, or where "ownership" is structured as a timeshare or lease.
Being pitched a specific project right now?
Send me the project name and the brochure. Within 2 business days you get a written one-pager covering:
- DHSUD License to Sell status, verified with the regional office
- What the revenue-sharing agreement actually says, in plain terms
- The developer's operational track record and any pending cases
- ROI at realistic occupancy, using the unit price you were quoted
Sometimes the answer is that the deal is fine. Sometimes it is that you are about to lose P400,000. Either way you will know before the reservation fee.
PRC Licensed Real Estate Broker No. 0025157. Verify at verification.prc.gov.ph before you take anything on this page as advice.
The HDB Perspective: Why Liquidity Matters More Than Yield
This section borrows a concept from Singapore's public housing market to explain something most condotel brochures never discuss: what happens when you want to get out.
The Singapore HDB Model
In 2025, 26,169 HDB flats changed hands, against a public housing stock of roughly 1.1 million units. Volume runs about 5,000 to 7,000 flats per quarter: 7,221 in Q3 2025, then 5,256 in Q4, the weakest quarter since Q2 2020 (PropNex Research via Real Estate Asia, Feb 2026).
That is not a booming market. Prices were flat in Q4 2025 and volume fell 9.7% on the year. But it is a functioning one: a seller with an ordinary flat can find a buyer, at a price both sides can look up, in a defined window. There is price transparency (HDB publishes all transaction data publicly), established valuation processes, and financing readily available.
That is the bar. Philippine condotels do not clear it.
Philippine Condotels Do NOT Have This
- There is no centralized resale marketplace. You compete with the developer's own unsold inventory.
- There is no public transaction database. You will not know what comparable units sold for.
- Financing is harder. Banks are less enthusiastic about lending against condotel units.
- Metro Manila is carrying a large overhang of unsold ready-for-occupancy condo units, with residential vacancy at multi-year highs. The quarterly figures move, and the two firms that publish them do not always agree. Check the current Colliers Philippines and Leechiu Property Consultants residential reports for the quarter you are buying in, rather than any number quoted in a brochure.
The Relevance Decay Problem
Singapore ties financing to how long the lease will last you, not to a fixed threshold. Since 10 May 2019, full CPF usage and the full 90% HDB loan-to-value limit apply only if the remaining lease covers the youngest buyer to age 95. Fall short and both get pro-rated. Below 20 years remaining, neither is available at all (Ministry of Manpower and Ministry of National Development joint release, 9 May 2019).
The effect is the same either way. As a property ages, the pool of buyers who can finance it shrinks. The building did not change. The financing ecosystem tightened around it.
Philippine condotels face a different version of this problem. It is not lease decay; it is relevance decay. Hotel brands evolve. Operators change management companies. The tourism market shifts. A condotel that looked great in 2026 might be a tired, outdated property by 2036 that needs a renovation the condo corporation cannot afford.
Ask yourself the Singapore question: "If I need to sell this in 10 years, who is my buyer, and how will they finance it?"
If you cannot answer that clearly, you are buying an income stream, not an asset. And income streams dry up.
The Bottom Line
Condotels can work. Hotel101's model has demonstrable track record. Megaworld's Belmont properties benefit from structural advantages in location and ecosystem. The Philippine hospitality sector is still growing.
But the 2026 reality is that this market has: an oversupply problem in residential condos that spills into the condotel segment, occupancy rates in non-prime areas that are 15-25 percentage points below what many brochures project, limited secondary market liquidity compared to standard condos, and a developer landscape where a few credible operators exist alongside many unproven ones.
Supply is landing now, in exactly the segment condotels compete in. Colliers counts about 2,890 new hotel keys completing in Metro Manila in 2026, the highest in eight years, with foreign brands taking roughly half of new supply through 2029 (Colliers, H2 2025). JLL puts 2026 completions at 4,500 rooms (JLL, Q4 2025).
More rooms chasing the same guests puts downward pressure on both occupancy and daily rates. Your revenue share is a percentage of a number that is about to face competition.
If you are an OFW considering a condotel investment in 2026, here is your decision framework:
- Run the math at 55-60% occupancy, not the brochure's 80%. If the numbers still work for your financial goals, proceed to step 2.
- Only consider developers with existing, operational hotel properties and verifiable occupancy data. Hotel101 and Megaworld/Belmont lead this list.
- Complete the 5-point verification checklist in full before releasing any reservation fee.
- Plan your exit before your entry. Understand that condotel units are among the hardest Philippine real estate assets to resell. You may be holding for the duration of the management contract (15-25 years). If you are not comfortable with that timeline, this is not the right investment.
- Compare against alternatives. As of mid-2026 the Philippine 10-year government bond yields roughly 7.5%, having touched 7.87% in May 2026, its highest since November 2018 (Trading Economics, PH 10Y bond yield). That is sovereign-backed, fully liquid, and requires no due diligence on a developer. A condotel at 3.4% net has to justify being worth less than half the risk-free rate while locking you in for 15 to 25 years.
Your hard-earned OFW money deserves more than a brochure. It deserves a spreadsheet, a checklist, and a plan.
If the numbers don't work, that's still a result
Most people who send me a condotel deal end up not buying it. That is a good outcome. The money goes into something with a working resale market instead.
If you want a second opinion on any Philippine property purchase from abroad, buying or selling, that is what buyer representation covers.
Sources
All figures verified 15 August 2026. Where two credible sources disagree, both are shown.
Philippine hotel market
- Colliers Philippines, Property Market Report, Hotel, H2 2025
- Colliers H1 2025, via BusinessWorld
- JLL, Manila Hotels Market Report, Q4 2025
- JLL Q4 2024, via Hotel News Resource
Rates and benchmarks
- Bureau of the Treasury, government securities rates (primary, for live rates)
- Trading Economics, Philippines 10-Year Government Bond Yield
- Metrobank Wealth Insights, Philippine RTB outlook 2026
Hotel101 and DoubleDragon
- Hotel101 Global investor relations (primary)
- Nasdaq press release, 27 June 2025
- Philstar, first PH firm on Nasdaq
- TradingView, NASDAQ:HBNB
- Stock Analysis, HBNB
- Web In Travel, Hotel101 CEO interview, March 2026
- Manila Times, Hotel101-Madrid occupancy, June 2026
- Philstar, Hotel101-Madrid, August 2026
- InsiderPH, DoubleDragon 2026 pipeline
- Hotel101, Wikipedia
Singapore HDB, used for the liquidity comparison
Written by Aaron Zara
Licensed Real Estate BrokerFormer OFW | Helping OFWs buy property from abroad
Former OFW and licensed real estate broker helping overseas Filipinos buy property in the Philippines.
Disclaimer: This article is for informational purposes only and does not constitute financial or legal advice. Consult a licensed Philippine real estate broker and financial advisor before making investment decisions. Verify broker credentials at ren.ph/tools/verify-broker.
Condotel Investment FAQs
What is a condotel investment for OFWs?
A condotel is a hybrid property where you own a condominium unit that operates as part of a hotel inventory. For OFWs, this offers a hands-off management model where a hotel operator handles bookings, maintenance, and guest services. You receive a share of room revenue (typically 20-40%) paid monthly or quarterly. However, 2026 data shows significant variance in yields between prime tourism hubs and oversupplied urban centers.
Are condotels a good investment in 2026 Philippines?
It depends on location and developer. At realistic 55-65% occupancy (not the 80% brochures project), condotel net yields are approximately 3-5% annually before income tax. As of mid-2026 the Philippine 10-year government bond yields roughly 7.5% with no capital risk and full liquidity, so a condotel at 3.4% net is returning less than half the risk-free rate while locking you in for 15 to 25 years. Condotels can work with operators like Hotel101 or Megaworld Belmont that have verifiable track records, but require careful due diligence.
What is the average ROI for condotel vs long-term condo rental in 2026?
Traditional condo long-term rentals yield approximately 4-6% annually with stable occupancy. On a P5,000,000 unit at a P3,500 nightly rate and a 30% owner share, a condotel returns 3.4% net at 60% occupancy and 4.9% net at 80%, both before income tax. The key difference: long-term rentals have predictable income while condotel income varies monthly based on tourism demand and operator performance.
Can foreigners own condotels in the Philippines?
Yes. Per RA 4726 (Condominium Act), foreigners can own condominium units, including condotel units, provided foreign ownership in the project does not exceed 40% of total units. You receive a Condominium Certificate of Title (CCT), not a lease or timeshare arrangement. Most OFWs are Filipino citizens, so this restriction typically does not apply.
What are the red flags in condotel management contracts?
Key red flags include: (1) Verbal return guarantees without written contracts, (2) No DHSUD License to Sell, (3) Developer with no existing operational hotel properties, (4) Revenue sharing based on "net" rather than "gross" revenue with undefined deductions, (5) No clear termination or exit clause, (6) Pressure to reserve before documentation is complete.
Which condotel developers have the best track record in 2026?
Hotel101 (DoubleDragon) leads on transparency: a stated 30% gross revenue share, no owner maintenance costs, and public financials since its June 2025 Nasdaq listing under HBNB. Megaworld Belmont properties benefit from NAIA proximity and township ecosystems. SM Hotels operates within the SM mall ecosystem. Smaller developers without existing operational hotels carry higher risk. Note that no operator publishes per-property occupancy as a matter of course, so ask for the figure at the specific building you are being sold.
How do I verify a condotel developer before sending a reservation fee?
Five critical checks: (1) DHSUD License to Sell and Certificate of Registration, (2) Written revenue-sharing agreement reviewed by a lawyer, (3) Developer financial statements from PSE EDGE (if listed) or direct request, (4) Master Deed confirming hotel/transient use is permitted, (5) Confirmation you receive a CCT (titled ownership), not a timeshare.
What happens if I want to sell my condotel unit?
This is the biggest risk brochures omit. Philippine condotel units have no liquid secondary market. You compete with the developer unsold inventory, there is no public transaction database for pricing, and banks are reluctant to finance condotel resales. Plan to hold for the management contract duration (15-25 years). If you cannot commit to that timeline, condotels may not be appropriate.
Run the Numbers First
Use our free calculators to determine what you can actually afford before evaluating any condotel investment.