Owning Real Estate on Costa Rica’s Osa Peninsula
Branded hotel residences have become the smartest way to own real estate anywhere in the world; and over the course of the past decade sales of hotel branded residences have increased 10 fold! This article explains why owning a real estate at Botánika Osa Peninsula is a great opportunity.
Mostly because this type of real estate purchase represents a win-win-win situation for all parties involved – the developer, the brand operator and the actual buyers of branded hotel residences. Keep in mind that branded hotel residences are actually not a new concept; the first recorded sale was in the Sherry-Netherland Hotel on New York’s Fifth Avenue, which operated in the 1920s.
With Travel Trends of 2017 ranking Eco Tourism at the top of the list, exotic locations such as the Maldives, Caribbean or Costa Rica have proven to be a natural setting for luxury branded resorts. Branded residences offer the ultimate real estate investment, offering the reassurance of an established luxury name whose standards remain the same wherever they are in the world. The advantages are clear: branded residences are usually in prime locations; offer cutting-edge interior design, technology and architecture; they come with professional management providing hassle-free ownership; and offer a secure environment and access to a luxury lifestyle.
Buyers have different reasons for where they buy, but ultimately they want something unique that is likely to appreciate in value, and new experiences are among the latest bragging rights – and a branded hotel residence in an exotic location is the ultimate purchase.
Purchasers of private hotel residences are also more design conscious than ever before. They want to work in creative spaces and to holiday in beautiful hotels, and they want that design aesthetic to continue through their personal lives into their vacation homes; for this reason luxury real estate developers are turning to fashion designers, and cutting-edge designers are jumping on the bandwagon.
However, for many buyers the most important factor is the trust associated with buying into a reputable brand, since this offers reassurance in the delivery and quality of the development, as well as its ongoing management and potential resale value. Ultimately, it is the whole package offered by branded residences that drives the market. The concept has evolved from simply providing 5* services and facilities for wealthy, time-poor individuals to a greater focus on architecture, interior design and lifestyle.’
A successful hotel residential resort development addresses the needs of today’s glob trotting sophisticated traveler; the customers’ requirements and desires towards the convenience, security and confidence offered by branded hotel residences.
Recently at the 2017 Hilton Owner’s Conference, Hilton’s CEO Chris Nassette highlighted and singled out Botánika, out of a staggering 2,100 hotels in development, as an example of authentic and great design which is part of an emerging travel trend.
Hilton has defined hospitality with ground breaking industry firsts and as the world’s fastest growing hospitality company. There are 70,000,000 Hilton Honors members, and that number is growing by over 1 million members per month! There are also over 1,800 branded residences, just like Botánika within the Hilton portfolio. But the most exciting statistic of all is that the Curio Collection by Hilton brand, as of June 30th 2017, has had an average occupancy of 71.1 % and Average Daily Rate of $197 per night! For the owners of these private branded hotel residence this is absolutely great news! Curio Collection by Hilton is one of the best performing brands in the company.
At Botánika Osa Peninsula, a Curio Collection by Hilton, ownership opportunities start in the low $200,000.00’s and represents a freehold purchase. There is no timeshare, or fractional component to this type of purchase. Management programs are optional, flexible, and the range of services include options that literally help you pay all the bills.
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