Blue Rose Rises High Over Orlando

International property company escapes2.com has added The Blue Rose Condominium Hotel Residence in Orlando, Florida to its expanding portfolio of world-class developments.

Manchester, United Kingdom, November 29, 2006 --(PR.com)-- International property company escapes2.com has added The Blue Rose Condominium Hotel Residence in Orlando, Florida to its expanding portfolio of world-class developments.

The Blue Rose is a 1,300 unit condo hotel which combines the benefits of real estate ownership with the luxuries of an elite resort. The development will consist of three soaring towers high above a Las Vegas-style entertainment complex featuring a dazzling Broadway Theatre, five internationally themed restaurants and a relaxing spa... all located on a private tropical lake between International Drive, Universal Studios and The Convention Centre. And only a short drive from Disney, MGM and Sea World.

This unique billion-dollar, 39-story condominium hotel and resort has recently been awarded the ‘Visionary Project of the Year - 2006’ by The Developers and Builders Alliance. The development will have one, two, and three-bedroom residences, lofts, studios and stunning penthouses, with prices starting from $350,000. The residences range from 575 to over 3,000 square-feet. All properties will come fully furnished and equipped, including plasma televisions and wireless broadband internet. Ownership privileges may also include participation in a rental arrangement.

Adrian McDermott, managing director for escapes2.com says: “We are delighted to add The Blue Rose to our portfolio; we believe condo-hotels offer an excellent low-risk investment in one of the most popular holiday destinations in the world.”

So how do condo-hotels differ from owning a traditional condominium or vacation apartment? 

- The properties are typically large, high-rise, luxury hotels and the suites are fully furnished and equipped to a standard you would expect from a luxury 4-star hotel.

- When the owners of condo-hotel suites aren't using their units, they have the option of placing them into the hotel's rental program to receive hassle free rental income. 

- While the developer doesn't guarantee the rental of the unit, by capitalising on a hotel's name recognition, advertising, national affiliations, centralised reservation system and management expertise, most unit owners may typically receive a higher level of rental income than they would from a traditional vacation home.

- As part of the rental agreement, the hotel pays for most operating expenses such as marketing, housekeeping, and administrative costs. The condo-hotel owner typically pays for insurance, real estate taxes, and capital improvements.

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About escapes2

Escapes2 is a leading overseas property company that offers an extensive choice of new build and resale properties from around the world. Catering for serious investors

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