Condotel

I came across an article on Hotel 101 – a condotel concept that is very similar to what I want to do with my condo. I wish I bought a unit here instead of Avida Centerra.

I’m still engrossed with my research on my condotel business venture. Based on my computations, I will get even only after 15 years (assuming that I only get 10 nights of occupancy in a month) – that is, if I don’t raise the monthly rent. Fifteen years is an incredibly long time for me to recover my costs.

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Author: Mylene

Disclaimer: My postings reflect my own views and do not necessarily represent the views of my employer, Accenture. I'm proud to be Filipina and a Bisaya. I am dedicated, motivated, and results-driven. I am an Aries. Bullheaded. Stubborn. I am a leader. I am a software engineer. I am a child of God. I am living and loving life! :) Leave a comment and subscribe!

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