The Condo Mania Team
Categories > Scottsdale Condo Hotels
We get this request often - "I'd like to buy a condo and rent it out when I'm not using it." Unfortunately, most condos have a minimum rental duration (usually 1-3 months). It's also a hassle to rent it out yourself. Enter Condo Hotels, or "condotels". These types of condos are affiliated with a hotel who handles all the maintenance and the rentals when you are gone. Easy.
You'll find there's a hefty fee to have your condo in the rental pool, so these aren't usually the best option as a real estate investment. However it is a good way to recoup some or all of the ownership costs for a hassle-free place you enjoy visiting part of the year.
For more condotel choices, check out the Phoenix condo hotel options too.
Over the last 90 days, 5 condos have sold in Scottsdale Condo Hotels. Final sale price ranged from $343,000 up to $1,260,000 pending possible revisions. The median sale price was $890,000 with a median Price Per Square Foot of $394.
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Information Deemed Reliable But Not Guaranteed. The information being provided is for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This information, including square footage, while not guaranteed, has been acquired from sources believed to be reliable.
Last Updated: 2023-03-28 05:13:54