What a Nice, Apartment or Condotel?

Condo-hotel

Condotel, or commonly called Condo, an abbreviation of the condo-hotel. Basically, condotel is the apartment.

Before discussing more the investment options in the field of property and apartment condotel, it's good if you know what's more detailed understanding of both.

Condotel, or commonly called Condo, an abbreviation of the condo-hotel. Basically, condotel is the Foundation of the apartment hotel.

Does not very much with the apartment, condotel also has a wide area of type unit, with a specification of the rooms includes a bedroom, bathroom, and room to work or simply relax.

When you call the team Rumah.com, Yohan Yan, Deputy Member of Metro, Century 21 Brokers explain that this occurs because of the growth of condotel hotel languid.

Usually, the location of the condotel is located not far from the center of tourism, such as in Bali, Bandung, Bogor, even now the Belitung made targets of the vacationing foreign and local tourists.

Any facilities available range from a swimming pool, spa, restaurant, meeting room, fitness center, playground, which is seen almost no difference with starred hotels. Thus, where lies the difference with apartment condotel?

• Condotel is already apartments fully furnished, so you do not need to think about the furniture must be purchased. Whereas if You bought one apartment unit, usually only got air conditioner as well as the installation of water and electricity.

• selection of interior design condotel already specified Management Manager. While the look of the apartment you can Fox and decorations as you wish.

• You can only use the Condotel 7 times a year. It means that you are not free to inhabit it at any time. While the apartment you can take advantage of as a place of residence or rented out as a means of investment.

• Profit condotel should be shared with operators who manage. Generally, the sharing of profit was 70% to 30% for investors and operators. While the advantages of apartment you can have it completely.

The Break Event Point

After knowing the difference and understanding of both, the next question is "where making a profit?". Yohan uncovers the answer is the apartment. What is the reason?

"Because of the nature of ownership right private apartment, yes forever will become your property. If the validity period, there is a condotel at maximum 30 years so yours. When the validity period expires, must be returned to the manager. In addition, the apartments have the capital gains value higher than condotel, "explained him.

But if you observe the break even (BEP), condo-hotel more promising quick results. In Bali, the perpetrator's investors condotel can already get this point within a period of 2 years.

"A maximum of seven new years can break even. But if the location is strategic and condotel near exciting attractions, do not cover the possibility of 2 to 3 years old can already grab the BEP. While break even in apartments can usually be achieved when the age of 5 years, "added Yohan.

Another interesting side owned condotel is the giving of the guarantee ROI (Return on Investment) over 8% per year, with the first three-year period. So let's say you bought a condotel for Rp 800 million, then the benefit each year is $64 million.

Although the apartments are more promising for long-term investment, there is no harm in too if you want to infuse capital in sector condotel. For that, has been summarizing the list for you. What's it?

Condotel this one built, developed and managed direct Sahid Property and Sahid Hotels that are part of the Sahid Group so that it can be the right choice to invest. For profit sharing, Sahid Condotel offers a division of 55% and 45% of operator investor.

Condotel 4 star + who are in the Peak District, Bogor, it has an area of 4 hectares with direct views of Mount Salak & Pangrango. The price by the developer (PT Istiajaya Gunaperkasa) starts from IDR 1 billion.

The location of the condotel is located in the well-known Upper Dago, Bandung, West Java. For the prices offered ranged from Rp1,9 million to Rp800 billion. The smallest type (studio) you can get, has a building area of 34.5 square meters.

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