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WHAT IS HOMETEL? DISTINGUISH BETWEEN HOMETEL AND CONDOTEL

Apartment hometel is a new segment of real estate in Vietnam, still not many customers really understand this type of apartment. Therefore, we need to find out what kind of apartment hometel is.

The hometel (source: Internet)

Definition

Hometel is a combination of home apartments and hotel to create a new, long-lived hometel apartment with quality, full service as a hotel. Hometel is characterized by the condotel but there are many differences with condotel.

The hometel (source: Internet)

General features

Hometel and condotel are like a luxury resort. The hometel and condotel projects have many owners.

These are apartments with reservation system and quality service as a hotel. Condotel and hometel are all like a form of Timeshare. Both are models of hotel apartments that can be used for condominiums, benefiting from the rental of apartments. It brings great value for the property, investment profit for real estate investors.

The hometel (source: Internet)

These two types of real estate have a unit that manages and manages rental and day-to-day operations of the hotel. Hometel and condotel have management units responsible for maintenance, repair, and maintenance when damaged, so always meet the five-star standard.

The hometel (source: Internet)

Difference

Ownership form: hometel = condotel + permanent ownership certificate (red book), Hometel buyers have full ownership of the apartment for vacation and rental. For condotel apartments, customers will only be issued a provisional ownership certificate. This is a big difference between the two types of apartments are becoming hot trend in the real estate market today.

The hometel (source: Internet)

Location: The hometel apartment projects are located in the most beautiful in the city center, the resort. Condotel is often located in resorts, especially in coastal areas, where there is strong tourism development services.

The hometel (source: Internet)

 

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