Condo-Hotel Comprehensive Overview

Posted by Roman Bodnarchuk on Sep 12, 2011 7:00:00 AM

Have you been hearing about condo hotels but can't decipher all the facts from the hype? Should you invest in a traditional condo or a condo hotel?

Now you can get simplified answers to all your questions.

Condo hotels, also known as condotels and apartotels, are typically high-rise, luxury properties in outstanding locations. You can find them near desirable vacation destinations that are by beaches, golf courses, casinos, theme parks, and more.

Condo Hotel Description
Condo hotels are a new trend in second home ownership. Buyers can purchase a luxury vacation home at a world-class resort or location while receiving rental income whenever they are not occupying the residence. This helps offset the costs of ownership.

The Appeal of Condo Hotels 

Condo hotels are attractive because they offer a luxurious lifestyle and hassle-free ownership. In addition, low interest rates and a volatile stock market have caused investors to diversify and consider real estate alternatives like condo hotels.

Luxury Amenities & Services
Most condo hotels feature fabulous amenities and guest services of four-star caliber or better. These can include full-service spas, resort-style pools, fine-dining restaurants, and concierges, making them the ultimate vacation getaway.

describe the imageReceive Rent Revenue
Here's how the condo hotel concept works. You purchase a condominium in a world-class hotel or resort. Use your condo hotel unit when you'd like. 

When you're away, place it in the condo hotel's rental program and receive a portion of the revenue it generates. The condo hotel management company takes care of renting, cleaning and maintaining your unit. They also ensure the smooth operation of the hotel's amenities and services.

A condo hotel is a hassle-free, luxurious second home that generates rent revenue that can help offset the costs of ownership.

Condo Hotel Locations
The condo hotel concept began and currently dominates in places like Miami Beach and Fort Lauderdale in terms of the quality and quantity of condo hotels. However, the concept is becoming popular in other parts of Florida including Orlando, Naples, Fort Myers and the Tampa-Clearwater area.

Condo hotels are also creeping into many other cities outside Florida, such as Las Vegas, Chicago and New York. Condo hotels are even becoming prevalent outside the U.S., particularly in Canada, Panama, Mexico, Costa Rica, the Caribbean, and Dubai, UAE.

They are operated by prestigious hospitality companies like Hilton, Marriott, Starwood, Trump, Four Seasons, Hyatt, Ritz-Carlton and Sonesta.

Condo-hotel owners capitalize on the hotel's brand through their pre established advertising, name recognition, national affiliations, centralized reservation system and management expertise in order to receive a higher and steady rental income versus owners of any other traditional vacation property.

fontainebleau miami beachCondo Hotels Versus Traditional Vacation Condos and Single-Family Homes
Condo hotels are not the typical second home. They are fabulously-furnished condominium suites in some of the most famous hotels and resorts in the country. Owners have access to luxurious services and amenities, ranging from state-of-the-art fitness centers and full-service spas to fine dining restaurants and concierge services.

Like a traditional vacation home, owners can use their home when they want (depending on the particular management or hotel brand). However, unlike a traditional home, owners have the option or a mandatory time period where they can participate in the property's rental program and dip into the revenue the home generates. Ownership is 100% hassle-free as all maintenance and rental issues are handled by in-house management company.

Traditional Condos Have Appeal Too
If you plan to live in your residence full-time or use it several months of the year as say your winter home, you may want to consider a traditional condo and avoid any of the usage restrictions imposed on condo hotels.

Condo Hotels Versus Timeshares

With a timeshare, owners are typically allotted just one or two weeks of the year to use their condo. They receive the same calendar weeks unless they go through a process to trade time with someone else.

With a condo hotel unit, owners have deeded ownership to their condo and can usually use it when they want (within the guidelines of the rental program agreement).

Furthermore, when they're not using it and the hotel is able to rent the room, the owner receives a portion -- usually in the 50% range - of the rent revenue.

Finally, timeshares can be difficult to resell, even if the seller is willing to take a loss. Condo hotels, on the other hand, because of their prime locations, limited inventory and upscale quality, are a highly-desired commodity. They are more likely to appreciate over time and can be readily resold.

Condo Hotel Buyers

Typically, condo hotel buyers are vacationers who appreciate the many wonderful amenities available at luxury resorts or just the prime location. They may also recognize the appreciation potential of a revenue-generating vacation home.

The appeal is not limited to U.S. buyers. The concept has received international attention. Condo hotels are particularly attractive to international investors who wish to have a vacation home but don't want the hassles of caring for that home or renting it out when they're not using it. In particular, buyers from Latin America and Europe are competing with Americans for the best properties.

Additionally, the weakness of the dollar has enabled many international investors such as those from Europe to obtain upscale condo hotel units for what amounts to bargain prices.

See What’s Available
Before you buy a condo hotel unit or traditional condo, there's a lot you should know. How do you find the best properties? How do you select one that is likely to appreciate? Which amenities are most important? Where can you find financing?

Condo Hotel Prices
Prices for condo hotel units vary based on location, size, features and amenities. They typically range from $300,000 to over $1 million for prime properties. Popular cities like Miami Beach and Las Vegas have some of the highest prices while bargains can still be had in less well-known locales and also in countries outside of the U.S. like Mexico, Panama, the Caribbean and Dubai.

Condo Hotel Expenses
As part of the rental agreement, the hotel pays for most operating expenses such as housekeeping, administrative and marketing costs. The condo hotel owner typically pays the real estate taxes, insurance and capital improvements.

Condo Hotel Financing
Now that the concept has become accepted and well-known, U.S. lenders have been readily making loans on condo hotels, both to domestic as well as international buyers. Rates are slightly higher than for primary residences. Typically 20% to 30% down is required.

financeAre Condo Hotels Investments?
The Securities and Exchange Commission (SEC) does not permit developers or realtors to sell condo hotels as investments. They are sold simply as vacation homes and a "lifestyle," and no income projections can be provided. Nonetheless, many buyers are interested in the investment potential of condo hotels. Some of the factors they take into consideration are:

•    Rent Revenue: Condo hotel units will produce rent revenue. That revenue can partially or completely offset the costs of owning and maintaining the vacation home.
•    Appreciation potential: Most condo hotels are located in areas that have seen the highest appreciation rates
•    Diminished supply of available land: Desirable locations to build are few and far between. A dwindling supply of available land in key markets, particularly sites along the ocean in Florida, popular lakes in Canada and on the Strip in Las Vegas, help ensure that condo hotels, like other types of real estate built in these locales, see significant capital appreciation.
•    Real estate as a stock market alternative: Many people seek to diversify their financial holdings, combining stock market investments with real estate holdings.

Best Time to Purchase a Condo Hotel
Buyers who purchase a condo hotel unit in early pre-construction phases or during builder's blowouts, when prices are lowest, have the best chance of seeing their investment appreciate. There is a limited inventory of condo hotels, and many properties actually sell out in the pre-construction phase.

As word continues to spread about condo hotels, more and more investors from around the country and around the world are learning of this new real estate trend and looking to participate. In addition, millions of baby boomers are approaching retirement and seeking second homes for their personal enjoyment. Demand is increasing. But so is inventory as developers recognize the benefits of creating a mixed-use property and seek to meet that growing demand .

The Dynamic Condo Hotel Market

line of peopleThe condo hotel marketplace is constantly changing as new properties become available and others are sold out. To find out what properties are currently on the market and to be able to purchase when prices in a development are at first tier and selection is greatest, choose to work with a realtor who specializes in condo hotels. He or she can help you define the type of property that will best suit your needs and identify specific condo hotels for your consideration.

Topics: hotel condo, condos in muskoka, Condohotel, 2011 real estate, Condo Outlet, condo-hotel, condo FAQ

Muskoka's Ironman Challenge

Posted by Roman Bodnarchuk on Sep 7, 2011 7:00:00 AM

Subaru Ironman 70.3 Muskoka takes place in Muskoka, Ontario, Canada, located just 90 minutes from Toronto. This swim, bike and run challenge will take place in Huntsville, Muskoka on Sunday, September 11th, 2011.

describe the imageThe 1-loop swim will take place in picturesque, Peninsula Lake and will challenge participants for 1.2 miles. The bike course circles Lake of Bays and is 56 miles. The run is 13.1 miles and is sure to be full of stunning Muskoka as the leaves begin to change. The pink granite rock and cascading waterfalls offer the perfect surroundings to enjoy the outdoors!

Register at

Topics: huntsville activites, Muskoka running

Find Deals & Promotions in Gravenhurst, Muskoka

Posted by Roman Bodnarchuk on Sep 6, 2011 12:06:00 PM

Thrive on Long Stays

Discover The Residence at Muskoka Wharf, Gravenhurst, a unique Muskoka, Ontario hotel. While searching for Muskoka hotels in Gravenhurst Ontario, you'll be delighted to find this hotel situated on the shores of beautiful Lake Muskoka, and located just 90 minutes north of Toronto.


Our Muskoka hotel in Gravenhurst offers complimentary breakfast, high-speed Internet access and is pet friendly. Stroll down the Wharf's boardwalk and dine at Regatta Steak & Seafood Grille or Boston Pizza. Discover the unique attractions that Muskoka has to offer, such as Santa's Village, Hardy Lake hiking trails, Muskoka Bay Club golfing, the Muskoka Heritage Centre and Museum or a cruise aboard RMS Segwun, North America's oldest operating steamship.

All attractions are just minutes from our Muskoka hotel in Gravenhurst Ontario. Experience the Residence at Muskoka Wharf hotel and see why we strive to be the number one choice when choosing hotels in Gravenhurst Muskoka for your vacation, business trip or corporate retreat.

Topics: Gravenhurst, Lake muskoka, Condohotel, Muskoka, Muskoka Wharf, Vacaion

Muskoka Wharf - Events Coming Up This Month

Posted by Roman Bodnarchuk on Aug 30, 2011 7:00:00 AM

Just where exactly do we start with events at Muskoka Wharf? There are plenty occurring every day over this beautiful summer period, to whittle it all down seems plain crazy! For example, tomorrow, a run of the mill Wednesday you could get down to the Farmers Market that takes place weekly in Gravenhurst. In fact there are famers markets happening daily until Monday next week. Is your stomach rumbling yet? 

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If you are partial to bright lights and good movies then the next event at Muskoka Wharf could tickle your fancy... Film North, Huntsville International Film Festival is a fantastic place for upcoming Canadian filmakers to showcase their material. This takes place from September 22-24 - just after the Toronto Film Festival so there are sure to be a few stars about, get your people-watching glasses at the ready!

Film North - Events at Muskoka

Coming up later in September also at Muskoka Wharf is the Muskoka Bicycle Festival who celebrate everything and everyone bicycle! Here you will find lots of musical entertainment, bicycle rides and fitness information floating around - perfect after that long summer indulging at Muskoka Wharf!


Overall there is plenty to keep both you and your family entertained at Muskoka Wharf, the cottage life is destined for everyone. This million-dollar lifestyle is not out of reach in any way for you, contact us today to find out how you can get a free tour of the condos at Muskoka Wharf and grab one now at a snippet of the original price - 25% off!

Sign up for your FREE tour here or take a virtual tour! 


Topics: gravenhurst events, muskoka events, Gravenhurst, Lake muskoka, Muskoka Wharf, things to do in muskoka

Grab Yourself a Condo in the Gateway to Ontario's Recreational Region

Posted by Roman Bodnarchuk on Aug 25, 2011 11:48:00 AM

The simple question is - is your time now?

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Muskoka Wharf is the place to be right now, the gateway to Ontario's Recreational Region, what is destined to be the geographical and social center of the Lake Muskoka region so where are you? Grab yourself a two bedroom, 2 bathroom condo starting from only $268,800. This is a 'builder blowout' so once these properties are gone they are gone. 

The Greavette is part of a 30 acre development at Muskoka Wharf which is located at Highway 169 and Gravenhurst. Situated only 90 minutes from Toronto overlooking Lake Muskoka, you get to experience that laid-back lifestyle that cottage country has to offer while at the same time you're never too far away from the city. 


Situated only steps away from the waterfront this gives you a chance to really experience the leisure of life. Muskoka Wharf offers the slow pace style of life that you crave when living the city. Stroll along Lake Muskoka, potter around the farmers market after going for a bike ride around the country area. Really the decision is up to you - but the main thing is, you have a lot of choice! Gravenhurst is the gateway to Ontario's Recreational Center so why would you miss out on this opportunity - grab yourself a condo here while they are still available. Trust us they are selling like hotcakes, now with only four left!!!! 


Book yourself a FREE TOUR here and discover the magic of Muskoka Wharf.

Topics: Lake muskoka, Muskoka Wharf, Muskoka Wharf events, Muskoka real estate, Muskoka Bay

Muskoka Wharf - Cottage Time is Here

Posted by Victoria Dobbs on Aug 24, 2011 11:51:00 AM

It is that giant elephant in the room that nobody wants to talk about - how bad do you want a place in cottage country to call your own? During the summer months people who own properties there never stop going on about it and those who don't, well they just dream of Lake Muskoka and all it has to offer. Which side are you on?

regatta muskoka wharfThe time has come for you to join that club and fulfil that dream of owning a piece of lakefront real estate. Situated only 90 minutes from Toronto, Gravenhurst, the gateway to Muskoka gives you that coveted 'Muskoka experience' without the hassle. This is your opportunity to actually participate in 'cottage time' and soak up that lifestyle. 

Does the idea of cleaning and maintenance fees put you off buying a cottage simply because of the hassle factor? What if there was an option to purchase a condo in a condo hotel which not only takes the maintenance weight off your shoulders' but also offers you the choice to show up at Muskoka Wharf and begin your vacation the minute you get there - the way every vacation should be! 

What does condo ownership entail? Basically what it means is that you are buying a suite at a hotel, therefore your room is clean when you get there, the hotel staff are your staff and your breakfast is made when you wake in the mornings - doesn't this sound like paradise! Owning a condo at Muskoka Wharf also gives you the added benefit of building up some extra income during the down time when your not using the property, a perfect way to build up some more finances. These condos in this desirable cottage destination are selling like hotcakes so our advice? Get in there stat. 

Don't let yourself miss out on this luxurious cottage experience in Gravenhurst on the southeastern bay of Lake Muskoka. 

Take a boat ride on North America's famous steam ship the RMS Segwun and breath it all in. Cottage time is here. 

Topics: Gravenhurst, condos in muskoka, Lake muskoka, Muskoka Wharf, Muskoka real estate, Muskoka Bay, Residence at Muskoka Wharf

Muskoka Wharf - The Full Story

Posted by Roman Bodnarchuk on Aug 15, 2011 11:52:00 AM

We felt lazy and relaxed. How could you not? The breezes are balmy, the living is laidback, and everything revolves around the sparkling water. And yet there is an unmistakable energy here, a vibrancy that says Gravenhurst’s Muskoka Wharf is the place to be.

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Gravenhurst’s fortunes have always been linked to its waterfront. The history of Gravenhurst and its wharf march in lock step, developments in one having always affected the other. As went the Muskoka Wharf, so went Gravenhurst.

In the very beginning, the wharves built by James McCabe along the shores of Muskoka Bay served as stepping-off points into the wilds of Muskoka. Businesses in the form of hotels, taverns, stores and shipping interests began to cater to this slow but steady trickle of homesteaders, and consequently Gravenhurst developed along the shores of Lake Muskoka. It should therefore come as little surprise that Gravenhurst was originally known as McCabe’s Landings.

Activity along the Wharf reached a fevered pitch once the railway reached Gravenhurst in August 1875. On September 28, the first railway hissed and steamed its way into town. Two months later, a spur line down to the lakeshore was built.

It was this time that Muskoka Wharf truly was born. The southestern shoreline of Muskoka Bay was artificially extended with massive cribwork and fill to form a true wharf within the sheltered inlet. 

After the railway was introduced, the wharf was a bon to industry and settlement in the region. Hundredes if not thousands, of settlers passes through every year for almost two decades, and were joined by an equal number of summr tourists.

Muskoka Wharf remained a hive of activity and industry until the dawn of the automobile in the 1930s, driving trains, steamships and the wharf to the edge of extinction. One by one, trains to Gravenhurst were cancelled and ships were retired from service.

It was inevitable that Gravenhurst would feel the loss, and not just on a sentimental level. The wharf had brought prosperity, luring thousands of tourists even in the waning years of the steamship era. In time Gravenhurst recovered, but it was never the same.

Unitl now, that it. In the last decade, an 89-acre development featuring boutique shops, restaurants, playgrounds and sporting fields, and lakeside boardwalks has restored a luster to Muskoka Wharf not seen since the days when Gravenhurst was known as the Gateway to Muskoka.

The development has transformed a moribund waterfront into perhaps the coolest spot in Muskoka. At one point in the past Gravenhurst was the heart f the region. Its pulse slowed for a while with the demise of the lumber industry and the decline of the steamships, but now the beat is most definitely back.

This story is a collection from the original article written by Andrew Hind and Maria Da Silva.

For a full copy of the story read Andrew Hind and Maria Da Silva’s article on page six of Sideroads of Muskoka – Summer 2011.

Topics: Gravenhurst, Muskoka, Muskoka Wharf, Gravenhurst history

Find Deals & Promotions in Gravenhurst

Posted by Roman Bodnarchuk on Aug 4, 2011 11:54:00 AM

Thrive on Long Stays

Discover The Residence at Muskoka Wharf, Gravenhurst, a unique Muskoka, Ontario hotel. While searching for Muskoka hotels in Gravenhurst Ontario, you'll be delighted to find this hotel situated on the shores of beautiful Lake Muskoka, and located just 90 minutes north of Toronto.

Our Muskoka hotel in Gravenhurst offers complimentary breakfast, high-speed Internet access and is pet friendly. Stroll down the Wharf's boardwalk and dine at Regatta Steak & Seafood Grille or Boston Pizza.

Discover the unique attractions that Muskoka has to offer, such as Santa's Village, Hardy Lake hiking trails, Muskoka Bay Club golfing, the Muskoka Heritage Centre and Museum or a cruise aboard RMS Segwun, North America's oldest operating steamship.

All attractions are just minutes from our Muskoka hotel in Gravenhurst Ontario.

Experience the Residence at Muskoka Wharf hotel and see why we strive to be the number one choice when choosing hotels in Gravenhurst Muskoka for your vacation, business trip or corporate retreat.

Topics: gravenhurst events, Gravenhurst, Muskoka, things to do in muskoka, Bracebridge, Segwun

Muskoka Events: Art in the Heart - (Bracebridge)

Posted by Roman Bodnarchuk on Aug 2, 2011 11:54:00 AM

Art in the Heart is happening Saturdays and Sundays in downtown Bracebridge, Muskoka! Discover emerging artists in the public spaces and alleyways of Bracebridge’s historic downtown.

July 9th, 2011 to August 7th, 2011

Art in the Heart
was launched in 2008 as a two-weekend pilot with 15 artists. In 2009 its participants jumped to 21 artists who displayed their works over six weekends with the program growing even more in 2010 to include 23 artists.
Participants in the program receive business training as well as the opportunity to showcase and sell their work in the alleyways and public spaces along Manitoba Street in Bracebridge.




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The training modules in Art in the Heart teach the artists to be ‘street wise’ for their Art in the Heart experience, including tips on operating a business, booth displays, marketing, insurance and customer service.

For many artists, Art in the Heart is their first experience talking about their work to people other than family or friends. “I am very pleased to talk about my jewellery-making process,” responds Chantale DuBois, “and the reason I choose to work with copper. It is a warm metal so that when you put it on, in only a few moments it absorbs body heat and doesn’t feel like you are wearing jewellery at all.

”In addition to offering an opportunity for new artists, another the goal of the partners, Town of Bracebridge, Muskoka Small Business Centre and Muskoka Arts and Crafts, is to create a new static attraction for Bracebridge, Muskoka where visitors are encouraged to come downtown to check out the changing artist line-up every weekend. More information on the Art in the Heart program is available at

Topics: muskoka events, Lake muskoka, Bracebridge, Art in the Heart, art bracebridge

The Muskoka In-Water Boat & Cottage Show is THIS Weekend

Posted by Roman Bodnarchuk on Jul 21, 2011 11:56:00 AM

Condo Outlet, featuring the Residences at the Wharf will be in Gravenhurst from July 22nd to July 24th for the Muskoka In-Water Boat Show & Ribfest. The In-Water Boat Show & Ribfest have joined together at Muskoka Wharf to bring some major action, entertainment and excitement to the summer season. There will be land and water displays of local marina's vendors, live entertainment and a great variety of food and drinks to help you get through your day.


Our Muskoka geniuses from Condo Outlet will be by Boston Pizza at booth 206 ready to answer all your questions regarding Muskoka real estate. Attendees will have the option to take home an information brochure, tour the suites, and enter to win a free night stay at The Residence on the Wharf condo-hotel that is run by the world’s leading hotel chain. Studio suites at The Residence on the Wharf condo-hotel start at only $125,000. The lakefront Greavette condominium has units from only $268,000 for 2 bedrooms, 2 bathrooms and 1,275 sq. ft. Click here to learn more about the Residencies at Muskoka Wharf.

Bring the family out for a weekend of fun because admission to the festival is free for the whole family. We’re hoping for great weather, and with lots to see and do in Muskoka Wharf this weekend and we hope to see you there!  Click here to visit the Muskoka In-Water Boat & Cottage Show!

Enjoy the summer sun!

Avoid waiting and Book Your Free Tour Now!

Muskoka In-Water Boat & Cottage Show Hours:

Friday - 12pm-6pm
Saturday - 10am-6pm
Sunday - 10am-5pm

Great food, live entertainment, and more than 100 boat & cottage exhibits. 
Plus 1000s in prizes & giveaways! 

Topics: condos in muskoka, Muskoka Wharf events, boat show, Ribfest