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Condo hotel. A condo hotel, also known as a condotel, hotel condo, or a contel, is a building that is legally a condominium but operated as a hotel, offering short-term rentals, and which maintains a front desk. Condo hotels are typically high-rise buildings developed and operated as luxury hotels, usually in major cities and resorts. [1]
1 bedroom average rent: $1,214. 2 bedroom average rent: $1,572. Methodology: For this study, GOBankingRates analyzed the average rental cost of major U.S. cities and the cost of living in those ...
A studio apartment, or studio condo [1] also known as a studio flat (UK), self-contained apartment (Nigeria), efficiency apartment, bed-sitter (Kenya), or bachelor apartment, is a small dwelling in which the normal functions of a number of rooms – often the living room, bedroom, and kitchen – are combined into a single room.
t. e. A condominium (or condo for short) is an ownership regime in which a building (or group of buildings) is divided into multiple units that are either each separately owned, or owned in common with exclusive rights of occupation by individual owners. These individual units are surrounded by common areas that are jointly owned and managed by ...
Other landlords left apartments vacant or turned them into vacation rentals, with tourists paying for the accommodations in a more stable currency. ... The average rent for a two-bedroom apartment ...
Piwowarski bought the condo for $106,900 in 2003 and sold it to Potvin for $79,000 in 2011, according to property records (Piwowarski told the Secretary of State he sold it to Potvin for $78,000).
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