Condominium hotels are not the typical second home. They
are fabulously furnished condominium suites with access to all
the luxury amenities and services of the hotel. Owners have
the option of participating in the hotel’s rental program and
sharing in the revenue their condominium hotel unit generates.
Rental revenue, which is shared with the operator, helps defray
operational expenses. Ownership is 100% hassle free as all
rental and maintenance issues are handled by our
professional, in-house management company.
At La Concha Tower, you are the lifetime owner and title
holder of your tangible real estate asset. Your investment will
require that you participate in the hotel’s rental program for
36 months. The government of Puerto Rico has designed a
bonanza of tax benefits for those condominium hotel owners
who participate in the rental program for a full 10 years.
Factor in Condado’s current makeover, an abundance of
convention, business and tourism groups eager to bring
business to the new Convention Center and a yearly citywide
hotel occupancy of nearly 80%--and you’ve got a recipe
for sure success.