Condotel is a short way of saying "Condo Hotel." There a quite a few condotels available in our area ranging from $35,000 to over $350,000.

Why would you consider a condotel at the World's Most Famous Beach?

First, you'll have a place to call your own for your family vacation - also, a place for your business associates and friends to relax.  Second, a condotel investment may be the most affordable way to buy an oceanfront minicondo. Third, putting your condotel on a rental program will help you to defray the cost of ownership as your investment grows in value.

In general, condotels can be purchased for your own use or rented to the general public during the seasons. Most condotels have a  ONE NIGHT  minimum stay, allowing you to maximize rentals. None have a maximum stay. 

The most prestigious hotels evolve into the best condotels, offering luxury and plenty of amenities to attract repeat customers. Often, guests book their favorite condotel room on their anniversary every year.

Since each condotel unit is independently owned by you, you can decorate your little investment in any way you wish - you can choose a tropical or any theme you desire.

Below are only examples from a very informal survey for a typical 400 square foot efficiency that is directly oceanfront.

• Pictures of condotels
• Condotel Management
  
• Just Announced (new opportunity)
• What revenues do condotels generate?
  
• email for a list of condotels here

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See one of our newest sites,
http://www.DAYTONA-RENTALS.com

Often, new condotel projects are direct oceanfront condotels in Daytona Beach creates an atmosphere of casual elegance. From the moment you arrive, you will be delighted, refreshed, and entertained. 

More Info:  Rental Rates  |  Condotel Management | email



Oceanfront Rooms and Suites and efficiencies are available from well under $30,000 and up!

FOR A LIST OF AVAILABLE CONDOTELS EMAIL ME HERE

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(After Labor Day until Biketoberfest (lateOctober) after Thanksgiving (Turkey Rod Run) until Christmas week after Spring Break until Memorial Day weekend)

$65.00 a night 3 night minimum

$450.00 a week - $1,000.00 a month

HIGH SEASON RATES

(After July 4th till Labor Day - summer months; January 2 through March - winter months):

$110.00 a night, 3 night minimum

$750.00 a week, $2,000.00 a month

SPEED WEEKS

(Rolex 24 Hour Race, Daytona 500), Pepsi 400, Bike Week, Biketoberfest, Turkey Rod Run, Kart Week, Spring Break and BCR to name a few.

$850.00 - $1,200.00 a week

HOLIDAY WEEKS

Christmas, New Years Eve, Easter, Memorial Day, Labor Day, Thanksgiving

$650.00 a week - $100.00 a night

SEE OUR EVENTS SCHEDULE FOR EXACT DATES

More Info:    Rental Rates  |  Condotel Management | email

See one of our newest sites,
http://www.DAYTONA-RENTALS.com

RENTING YOUR UNIT

Quite often, you will want to utilize the services of the "on location management company" to rent out your unit. Monthly charges usually include pool, pest control, cable TV, outside lawn maintenance, and some even cover electric, water and sewerage. Many of the management companies charge as much as 55% to manage your unit, they send you a full accounting of all rental activities and a check for your share. 

MANAGING YOUR UNIT

Some owners like to manage their own units, and that's fine as long as you live close by. As much as some people want to make a huge profit renting their condotel units to the general public, the rule of thumb is that a "break even" at the end of the year is generally what you should expect, with the added bonus of utilizing your vacation rental unit for about 25% of the time. You can also expect to gain appreciation as time goes on, as long as your unit and the complex is well maintained and popular.

The Area's Unique RENTAL REFERRAL Program

Be sure to ask about a new service that O. Kheir, CDPE offers: It's a simple (1 page) rental referral agreement allows condotel owners to take advantage of our marketing leads. A potential renter (1 week or longer) sends inquiries to O. Kheir, CDPE through numerous resources and advertising campaigns. O. Kheir then sends these referrals to condotel owners who are signed up with the program. The owner retains a MUCH LARGER percentage of the rental income, and spend less on advertising throughout the year. Many owners have found that longer term rentals with fewer fees mean MORE PROFITS!

Ask about the rental referral program by phone at (386) 527-8492 or sales@TheNewDaytona.com

See one of our newest sites,
http://www.DAYTONA-RENTALS.com

If you have questions about condotels in the greater Daytona Beach Area, please don't hesitate to call me for my recommendations, and to meet your specific needs in real estate. With so many choices, be certain that you get the scoop on condotels before buy. There are some condotels that I RECOMMEND for various reasons.

3340 South Atlantic Ave.
Daytona Beach Shores, FL 32118
(386) 527-8492