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Old 12-27-2007, 12:58 PM  
Quotealex
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Join Date: Sep 2001
Location: The Global Digerati Village
Posts: 6,265
condo-hotel, is this a good investment vehicle?

I've received two proposals to invest in condo-hotels. One in Panama City, the annual rental return on this one is zero but I get 4 weeks of free annual vacation and no property taxes for the next 20 years. The other one is in Quebec City, the annual return on this one is about 5% and about one month of free stay per year.

For someone like me that don't like to travel, these condo-hotels don't seem to be a good investment, or an I missing something!
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