Reviewed by Vineeth | Updated on Nov 11, 2021


What is Condotel?

Condotel is a condominium project which works as a hotel with a registering desk, housekeeping service, and so on. Condotels are designed as condominium schemes, with unique owners for the units. The dissimilarity is that the section owners can make arrangements for short-term rentals of their respective units to guests.

Highlights of Condotel

  1. Condotels are residential arrangements that allow the unit owners to let out their units for short-term to earn rental income.

  2. Condotels, typically, have registration desk, maintenance service, and other useful amenities to the customers.

  3. Condotel owners reserve the time to block their services whenever they feel like staying in their facilities.

Related Terms

Recent Terms