|Velero Beach Resort is a unique type of property called a “condo hotel.” In a condo hotel the units themselves are owned by individual owners who purchased the condo from past owners or the original developers. The hotel operation is provided by a well-known and established management company.
Condo hotels (or condotel) are becoming very popular throughout the world. Some of the most beautiful and luxurious destinations in the world are, in fact, operated under this same or similar process. The results are beneficial for everyone from real estate moguls to the individual investor.