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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Last Updated: 2023-03-28 05:13:54