Two internet players join forces…

Condo.com is the largest online place for all things condo. The online directory has just joined forces with Condohotels.com to create the world’s largest and most comprehensive condo hotel market. Visitors can buy, rent, sell and register condo hotel units all over the world. Combined they will have a huge control over the massive sector.

Condo hotels are somewhat of a new investment for people they allow the opportunity to actually own the condo while still having it properly managed by a professional property management company and obtain some rental income. The hassle free vacation ownership also provides for an equity position and capital increases. They are particulary popular in Las Vegas, Orlando, Miami and Fort Lauderdale. You have the ammentities of a five star hotel and retain the option to rent the condo through a property management company.

Fort Lauderdale property management firms are jumping at the opportunity to manage some of the hot projects being developed by Donald Trump, Ritz Carlton and Four Seasons. This should prove to be a match made in heaven for the two major internet powerhouses.

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