Showing posts with label Hilton. Show all posts
Showing posts with label Hilton. Show all posts
Condo Hotels Appeal to Baby Boomers Seeking a Vacation Home
Condo Hotels Appeal to Baby Boomers Seeking a Vacation Home
by Joel Greene
Baby boomers interested in buying vacation homes are now considering one of the latest trends in second home ownership: the condo hotel.
Condo hotels are a type of vacation home. They are typically located in resorts operated by some of the top luxury hotel chains, such as Marriott, Ritz-Carlton, Hilton, and Trump International, to name a few.
These upscale second homes made their debut in Miami, but the condo hotel trend has now spread across the country to markets like Orlando, Las Vegas, Chicago, and to various cities in California, Colorado and New York. They are also quite popular in exotic locales such as Mexico, Panama, the Caribbean and Dubai.
Condo hotels are a perfect fit for the lifestyle baby boomers enjoy, providing luxurious, hassle-free second homes, without all the worries of maintenance. They offer baby boomers the opportunity for easy, relaxed family vacations in desirable locations without time spent researching, planning and booking travel accommodations.
Unlike traditional vacation homes, condo hotels are furnished condominium suites located within some of the country's most famous hotels and resorts. Owners of these suites are entitled to use all of the luxury amenities and services offered by the property, such as fine dining restaurants, fitness centers, spas, and concierge services.
Furthermore, the headaches of maintenance, guest services and housekeeping are assumed by the on-site hotel management company.
But what really sets condo hotels apart are that the individual owners can place their unit in the hotel's rental program when they're not there. The hotel management takes on the responsibility of finding and dealing directly with renters, leaving the owners free from these duties. The rent revenue the condo hotel unit generates helps offset the costs of ownership.
Many baby boomers looking for investment alternatives see condo hotels as a smart choice, a means to diversify into something other than stock market holdings. Because of a limited supply of land in many choice locales, the likelihood of capital appreciation on condo hotel units is increased.
Condo hotel units come in a variety of sizes and prices, typically ranging from $300,000 to over $1 million for prime properties.
Unlike a timeshare, which usually provides only a week or two per year of use, condo hotel owners are fully deeded property owners who can generally use their condo suites when and how they please. Baby boomers want vacation homes that are available when their busy schedules allow them time off.
Also, whereas traditional timeshares can be difficult to resell, condo hotels, with their luxury amenities, prime locations, limited inventory, and potential for appreciation, can be resold more readily.
For all these reasons, the condo hotel product, and the lifestyle if offers, appeals to the baby boomer generation. Look for more condo hotels to come on the market in coming years to meet this burgeoning demand.
READ MORE - Condo Hotels Appeal to Baby Boomers Seeking a Vacation Home
by Joel Greene
Baby boomers interested in buying vacation homes are now considering one of the latest trends in second home ownership: the condo hotel.
Condo hotels are a type of vacation home. They are typically located in resorts operated by some of the top luxury hotel chains, such as Marriott, Ritz-Carlton, Hilton, and Trump International, to name a few.
These upscale second homes made their debut in Miami, but the condo hotel trend has now spread across the country to markets like Orlando, Las Vegas, Chicago, and to various cities in California, Colorado and New York. They are also quite popular in exotic locales such as Mexico, Panama, the Caribbean and Dubai.
Condo hotels are a perfect fit for the lifestyle baby boomers enjoy, providing luxurious, hassle-free second homes, without all the worries of maintenance. They offer baby boomers the opportunity for easy, relaxed family vacations in desirable locations without time spent researching, planning and booking travel accommodations.
Unlike traditional vacation homes, condo hotels are furnished condominium suites located within some of the country's most famous hotels and resorts. Owners of these suites are entitled to use all of the luxury amenities and services offered by the property, such as fine dining restaurants, fitness centers, spas, and concierge services.
Furthermore, the headaches of maintenance, guest services and housekeeping are assumed by the on-site hotel management company.
But what really sets condo hotels apart are that the individual owners can place their unit in the hotel's rental program when they're not there. The hotel management takes on the responsibility of finding and dealing directly with renters, leaving the owners free from these duties. The rent revenue the condo hotel unit generates helps offset the costs of ownership.
Many baby boomers looking for investment alternatives see condo hotels as a smart choice, a means to diversify into something other than stock market holdings. Because of a limited supply of land in many choice locales, the likelihood of capital appreciation on condo hotel units is increased.
Condo hotel units come in a variety of sizes and prices, typically ranging from $300,000 to over $1 million for prime properties.
Unlike a timeshare, which usually provides only a week or two per year of use, condo hotel owners are fully deeded property owners who can generally use their condo suites when and how they please. Baby boomers want vacation homes that are available when their busy schedules allow them time off.
Also, whereas traditional timeshares can be difficult to resell, condo hotels, with their luxury amenities, prime locations, limited inventory, and potential for appreciation, can be resold more readily.
For all these reasons, the condo hotel product, and the lifestyle if offers, appeals to the baby boomer generation. Look for more condo hotels to come on the market in coming years to meet this burgeoning demand.
Posted in Baby, Boomers, Chicago, Condo, dining restaurants, exotic locales, fitness centers, Hilton, hotels, Las Vegas, luxury hotel, Marriott, orlando, Ritz-Carlton, spas, Trump International 0 comments
Sea Pines Resort - Hilton Head Island, SC
Sea Pines Resort - Hilton Head Island, SC
by Rich Neste
Sea Pines Resort - Hilton Head Island, SC
In 1956, just five short years after the introduction of electricity onto Hilton Head Island, Charles Fraser purchased land on the southwestern tip of the island in order to develop the community now known as Sea Pines Plantation. The first of Hilton Head's plantation communities, Sea Pines covers over 5,000 acres of thriving natural environment reminiscent of Eden and offers over five miles of gorgeous public-accessible beaches.
Real Estate Information - Homes, Condos, Lots
In 1958, the first deed to a Sea Pines Plantation lot was signed and within four years, beachfront prices grew by close to 50%. Examining the current real estate market for new homesites, homes, villas, and condos, it's easy to see why the prices have continued to grow so drastically. From small, picturesque cottages to sprawling mansions, the Sea Pines Plantation community contains everything you could want when looking to invest in a home. Numerous single- to five-bedroom homes are available, ranging from $450,000 to over $8,000,000.
Starting at only $300,000--a small fee considering the location--either renting or purchasing is within reason. Potential buyers may choose among one- to four-bedroom for-sale villas and condos with as many view choices as the full-size homes, and options for potential renters include the vacation rentals surrounding the Harbour Town Village. The prices crest around $2 million, making Sea Pines Plantation villas and condos very affordable vacation or year-round homes.
Oceanfront lots can cost over $6 million but a patio lot can cost as little as $295k. Homesites with golf or lagoon views often sell for over $1 milion. Currently, there are four beachfront lots with varying price tags, but the number of lots for sale is always subject to change.
Sea Pines installed Hilton Head Island's first security gates in 1967, and to date remains secure with two 24-hour security entrance facilities on site. Security personnel also patrol the plantation's streets, and they can (and do) issue tickets fining offenders for the infraction of plantation rules. Additional protection is provided by the Beaufort County Sheriff's Department's deputies.
Resort Features
Harbour Town Village and Marina
The Harbour Town village and marina was fashioned after small French and Italian harbors and developed for intimacy and ambience. This Mediterranean-influenced center offers independently-owned and operated clothing/jewelry boutiques, craft shops, dining, live music entertainment, and every water sport available. Harbour Town has a park and a tree house for children, as well as a nature center. The Gregg Russell Playground, named for the entertainer of Harbour Town for 25 years running, is located right next to Liberty Oak. Sea Pines' quaint village center also offers a free trolley that runs daily, with varying hours of operation throughout the year between Harbour Town, South Beach Village, and Turtle Lane Beach Club.
Harbour Town Yacht Basin
Consider owning a 'dockominium' at the yacht club: it's like a condo on the water, but your land is your boat slip. The many amenities available at the Yacht Basin include the unique shops, restaurants, and a grocery store all in the same complex. Concerts and other forms of entertainment are frequently held on the nearby golfing green where Harbour Town Golf Links sponsors tournaments including the Verizon Heritage every year.
South Beach Village The second marina in the Sea Pines Resort is designed after New England fishing villages and is located at the southernmost tip of Hilton Head Island. Nature tours, dolphin tours, kayaking, and parasailing are only a handful of the activities available near the home of The Salty Dog Café. For accommodations, the colorful South Beach Inn is located nearby at the southern tip of the island and arranges both weekly and nightly rates.
Activities
54 Holes of Golf
Sea Pines contains the island's first golf course, the Ocean Course designed by George Cobb, was built in 1959. Restructured by Mike McCumber in September, 1995, the highlight of the Ocean Course is its 15th hole with a sweeping view of the ocean.
George Cobb also designed the 1967 Sea Marsh Course. Remodeled by Clyde Johnson in 1990, the Sea Marsh course--like the Ocean Course--is known not only for its age and elegance but for becoming a Certified Audubon Cooperative Sanctuary. Watch out for the 13th hole; it extends for 163 yards.
Harbour Town Golf Links, developed in 1970 by Pete Dye and Jack Nicklaus, is and has been home to the PGA's Verizon Heritage Classic since 1969, when it was first won by Arnold Palmer. Among the many features of this famous course is its photogenic 18th hole, with Harbour Town's Lighthouse in the background. Noted for excellence in design and playing potential, the par-71 Harbour Town Golf Links has been ranked highly among the country's finest golf courses by multiple magazines since 1971.
Championship Tennis
The Sea Pines Racquet Club, directed by world-renowned coach and U.S. Open and Wimbledon champion Stan Smith, hosted the Family Circle Cup from 1973 to 2000, and frequently other tournaments, such as the Corel Champions Tour, the Dupont All-American, the World Invitational, and the Stan Smith Invitational, among others. The club boasts 23 clay courts and offers private and semi-private lessons.
Forest Preserve
When Charles Fraser began developing Sea Pines in the early '50s, he concentrated on keeping the island's abundance of natural beauty as untouched as possible. To this day Sea Pines' Forest Preserve covers approximately 605 acres, home to diverse flora and fauna including over 200 species of critters as well as lagoons and salt marshes. Here you will find a Wildflower Meadow, a thousand-foot-long boardwalk, the Low Ropes Team Building Course, and miles of bike trails and walking paths. Even fishing is allowed, albeit with the correct permit.
Are you a history fanatic? Sea Pines Plantation Forest Preserve has its share of historic landmarks. The 4,000-year-old Indian Shell Ring, for example, is believed to have been constructed around 1450 B. C. A circle of shells and bones piled several feet high, it is one of only twenty shell rings still in existence. Those responsible for its assembly are also believed to have invented pottery here, in North America.
The Stoney-Baynard ruins, once an 18th century plantation house, are now open for tours. The property is covered with oyster shells and its architecture includes porthole-shaped windows.
Horseback Riding
Lawton Stables is home to 50+ American Saddlebred horses, a breed generated by crossing Narragansett Pacer, Thoroughbred, and Morgan bloodlines to develop gorgeous, well-tempered animals now often used for show. Lawton Stables offers--at affordable rates--not only English riding lessons to residents and visitors, but also pony rides for children and guided tours through Sea Pines' fantastic natural Forest Preserve.
This picturesque, sprawling community, bordering the Atlantic Ocean on the east and Calibogue Sound on the west, is ideal for vacationers and residents alike. Villas, Condos, Homes, and available Lots for building that dreamhouse abound in this massive complex just waiting for the perfect family to enjoy the many amenities offered.
READ MORE - Sea Pines Resort - Hilton Head Island, SC
by Rich Neste
Sea Pines Resort - Hilton Head Island, SC
In 1956, just five short years after the introduction of electricity onto Hilton Head Island, Charles Fraser purchased land on the southwestern tip of the island in order to develop the community now known as Sea Pines Plantation. The first of Hilton Head's plantation communities, Sea Pines covers over 5,000 acres of thriving natural environment reminiscent of Eden and offers over five miles of gorgeous public-accessible beaches.
Real Estate Information - Homes, Condos, Lots
In 1958, the first deed to a Sea Pines Plantation lot was signed and within four years, beachfront prices grew by close to 50%. Examining the current real estate market for new homesites, homes, villas, and condos, it's easy to see why the prices have continued to grow so drastically. From small, picturesque cottages to sprawling mansions, the Sea Pines Plantation community contains everything you could want when looking to invest in a home. Numerous single- to five-bedroom homes are available, ranging from $450,000 to over $8,000,000.
Starting at only $300,000--a small fee considering the location--either renting or purchasing is within reason. Potential buyers may choose among one- to four-bedroom for-sale villas and condos with as many view choices as the full-size homes, and options for potential renters include the vacation rentals surrounding the Harbour Town Village. The prices crest around $2 million, making Sea Pines Plantation villas and condos very affordable vacation or year-round homes.
Oceanfront lots can cost over $6 million but a patio lot can cost as little as $295k. Homesites with golf or lagoon views often sell for over $1 milion. Currently, there are four beachfront lots with varying price tags, but the number of lots for sale is always subject to change.
Sea Pines installed Hilton Head Island's first security gates in 1967, and to date remains secure with two 24-hour security entrance facilities on site. Security personnel also patrol the plantation's streets, and they can (and do) issue tickets fining offenders for the infraction of plantation rules. Additional protection is provided by the Beaufort County Sheriff's Department's deputies.
Resort Features
Harbour Town Village and Marina
The Harbour Town village and marina was fashioned after small French and Italian harbors and developed for intimacy and ambience. This Mediterranean-influenced center offers independently-owned and operated clothing/jewelry boutiques, craft shops, dining, live music entertainment, and every water sport available. Harbour Town has a park and a tree house for children, as well as a nature center. The Gregg Russell Playground, named for the entertainer of Harbour Town for 25 years running, is located right next to Liberty Oak. Sea Pines' quaint village center also offers a free trolley that runs daily, with varying hours of operation throughout the year between Harbour Town, South Beach Village, and Turtle Lane Beach Club.
Harbour Town Yacht Basin
Consider owning a 'dockominium' at the yacht club: it's like a condo on the water, but your land is your boat slip. The many amenities available at the Yacht Basin include the unique shops, restaurants, and a grocery store all in the same complex. Concerts and other forms of entertainment are frequently held on the nearby golfing green where Harbour Town Golf Links sponsors tournaments including the Verizon Heritage every year.
South Beach Village The second marina in the Sea Pines Resort is designed after New England fishing villages and is located at the southernmost tip of Hilton Head Island. Nature tours, dolphin tours, kayaking, and parasailing are only a handful of the activities available near the home of The Salty Dog Café. For accommodations, the colorful South Beach Inn is located nearby at the southern tip of the island and arranges both weekly and nightly rates.
Activities
54 Holes of Golf
Sea Pines contains the island's first golf course, the Ocean Course designed by George Cobb, was built in 1959. Restructured by Mike McCumber in September, 1995, the highlight of the Ocean Course is its 15th hole with a sweeping view of the ocean.
George Cobb also designed the 1967 Sea Marsh Course. Remodeled by Clyde Johnson in 1990, the Sea Marsh course--like the Ocean Course--is known not only for its age and elegance but for becoming a Certified Audubon Cooperative Sanctuary. Watch out for the 13th hole; it extends for 163 yards.
Harbour Town Golf Links, developed in 1970 by Pete Dye and Jack Nicklaus, is and has been home to the PGA's Verizon Heritage Classic since 1969, when it was first won by Arnold Palmer. Among the many features of this famous course is its photogenic 18th hole, with Harbour Town's Lighthouse in the background. Noted for excellence in design and playing potential, the par-71 Harbour Town Golf Links has been ranked highly among the country's finest golf courses by multiple magazines since 1971.
Championship Tennis
The Sea Pines Racquet Club, directed by world-renowned coach and U.S. Open and Wimbledon champion Stan Smith, hosted the Family Circle Cup from 1973 to 2000, and frequently other tournaments, such as the Corel Champions Tour, the Dupont All-American, the World Invitational, and the Stan Smith Invitational, among others. The club boasts 23 clay courts and offers private and semi-private lessons.
Forest Preserve
When Charles Fraser began developing Sea Pines in the early '50s, he concentrated on keeping the island's abundance of natural beauty as untouched as possible. To this day Sea Pines' Forest Preserve covers approximately 605 acres, home to diverse flora and fauna including over 200 species of critters as well as lagoons and salt marshes. Here you will find a Wildflower Meadow, a thousand-foot-long boardwalk, the Low Ropes Team Building Course, and miles of bike trails and walking paths. Even fishing is allowed, albeit with the correct permit.
Are you a history fanatic? Sea Pines Plantation Forest Preserve has its share of historic landmarks. The 4,000-year-old Indian Shell Ring, for example, is believed to have been constructed around 1450 B. C. A circle of shells and bones piled several feet high, it is one of only twenty shell rings still in existence. Those responsible for its assembly are also believed to have invented pottery here, in North America.
The Stoney-Baynard ruins, once an 18th century plantation house, are now open for tours. The property is covered with oyster shells and its architecture includes porthole-shaped windows.
Horseback Riding
Lawton Stables is home to 50+ American Saddlebred horses, a breed generated by crossing Narragansett Pacer, Thoroughbred, and Morgan bloodlines to develop gorgeous, well-tempered animals now often used for show. Lawton Stables offers--at affordable rates--not only English riding lessons to residents and visitors, but also pony rides for children and guided tours through Sea Pines' fantastic natural Forest Preserve.
This picturesque, sprawling community, bordering the Atlantic Ocean on the east and Calibogue Sound on the west, is ideal for vacationers and residents alike. Villas, Condos, Homes, and available Lots for building that dreamhouse abound in this massive complex just waiting for the perfect family to enjoy the many amenities offered.
Subscribe to:
Posts (Atom)
