What Is A Condo Hotel?

Condo hotels are resort properties that sell condo usage to individual investors who use the condos for vacationing and/or investment purposes. When they're not using them, the condos will be placed into an organized rental program. The rental proceeds are split between the operator and individual owner; this helps offset the operational expenses for the individual owner. Condo Hotel owners also have the right-to-will, transfer, and/or sell their ownership rights and keep profits derived from appreciation. So a Condo Hotel provides worry free vacation home ownership combined with great investment potential.

 

Why Should I Buy At Costa Baja Versus Another Condo Hotel?

· LOCATION! Costa Baja Condo Hotel is located in the hottest real estate market in North America, the Rosarito-Ensenada corridor of Baja California, Mexico.

· PRICE! Our ownership program is competitively priced to greatly enhance buyer’s appreciation value potential and realize greater rental revenue profit margins.

· WORLDWIDE RESERVATION SYSTEM! Once renovations are complete, Costa Baja Condo Hotel will be branded with a world-renowned hotel franchise and reservation system to achieve higher occupancy/rental rates so that our owners can realize greater monthly returns than non-franchised Condo Hotel properties.

· VERSATILE FLOOR PLAN USAGE! All Costa Baja Condo Hotel owners have the right to use any of our studio, one bedroom, and two bedroom floor plans during your vacationing time at our resort. As your family grows, your children move off to college, you decide to vacation with friends, or just when you desire more living space in your “home-away-from-home”, we at Costa Baja Condo Hotel have your changing life style in mind and have devised the most versatile, user friendly program in the Condo Hotel industry. This is just one of many revolutionary benefits you will only find at Costa Baja Condo Hotel.

· IN-HOUSE FINANCING! Many vacation homebuyers rely on home equity loans and/or second mortgages on their U.S. properties to purchase their dream home in Mexico. Due to higher fees, a lengthy qualification process, and not wanting to leverage their homes, buyers often wish they had other financing options to realize these dreams. We at Costa Baja Condo Hotel have your needs and desires in mind and offer in-house financing without any credit checks or qualifications. Purchase yours now and take advantage of our low down payment offers!

· ADDED BENEFITS! Costa Baja Condo Hotel owners are not individually billed annual maintenance fees, insurance premiums, membership dues or property taxes.

 

When Can I Begin Using My Condo Hotel At Costa Baja?

Costa Baja is currently opperating as a functioning hotel property. Limited use is now available to our owners and general customers. Full occupancy is expected to begin in the Fall of 2008 after total property and suite renovations have been completed.