The Royal World Center is now available! It is located just 1 mile from the world famous Walt Disney World theme park’s new entrance on West Highway 192. Orlando, Florida’s majestic 40 unit resort, The Royal World Centre, has 3 swimming pools, tennis courts, and 2 restaurants that are now accepting contracts to purchase units starting around $110,000.
This opportunity is a condo conversion!
The Royal World Centre is already open and acting as a Hotel!
The resort will stay open as a fully operation hotel during the 10 million dollar renovation process takes place. All the units will receive the deluxe package upgrade and is will be refurnished and equipped with all new appliances including kitchen cook tops, refrigerator, microwave, granite countertops, remodeled bathrooms, ceramic tile, and hardwood cabinets.
First Class Opportunity
This property is located in Orlando, Florida, an area that is showing much promise for preconstruction real estate! The property is located just next to a sports complex that is used as the preferred sports complex by Disney World. This includes full size soccer and baseball field and a large amount of space for activities for the kids.
These units will not last long for a property that is this close to Disney and at these prices!
Condo Hotel FAQ
What is a Condo Hotel you ask? Condo Hotels take a regular Hotel and convert many of the rooms into condominiums that are available for purchase to the public. These types of condo conversions have been around since the early 90’s and have been gaining much presence especially in Florida. Hotel companies have discovered the way they could secure necessary financing to construct new hotels in the different areas around the U.S. Through the sales of condominiums the Hotel Companies have been able to expand almost endlessly. The idea quickly became contagious and spread throughout the country among many of the hotel companies. It is a popular concept that is gaining national recognition among many of the other high end hotels.
How do the condo hotels operate? Once one of the properties have converted into a condo hotel, the owners can enjoy many luxurious condominium amenities and either rent out the units or permanently buy them. Through rental programs, which are usually administered by a hotel management company, the people who wish to rent out condominiums for specific periods of time during the year can get a good price on a unit. If the property is rented, the owners of the condominium can receive a percentage of the proceeds, and in addition to renting your property, the hotel management will also take care of details such as the maintenance and cleaning of your condo.
Why would you want to invest in a condo hotel? Condo hotels are located in very high populated metropolitan areas and provide an endless amount of activities to people staying in the compound. This market in the past year has marked a new record for the amount of increase value of home prices, according to the Office of Federal housing Oversight.
Who invests in condo hotels? Condo hotels are widely known as one of the new top ways for all investment real estate purposes. Because they come in a variety of different styles and areas many different types of investors can find great opportunities in condo hotels.
What are the Advantages? Condo hotel owners enjoy almost all the privileges a first class hotel has to offer. From concierge services, gourmet dining, recreation rooms and club houses, it's all at your fingertips with the push of a button. The condos are delivered fully furnished. Investors also benefit from being exceptionally located in prime real estate areas.
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