San Diego gets Hard Rock condo hotel development
Jun - 07 | 
2 comments. | 
New Developments, USA Property
Whilst walking around the up and coming Gaslamp district of San Diego, it is plain to see that the local area is booming with new restaurants/bars and residential new homes. This Quarter is close to the large waterfront convention centre and the home of the San Diego Padres, Petco Baseball Park. It is a low rise district of the city and has historical colourful architecture, which blends with fine dining and entertainment, to create an area of great appeal.
San Diego has some great attractions to visit including the Sea World complex, the San Diego Zoo and Balboa Park. Many people predict that by the year 2030 the number of residents living in downtown San Diego could be close to 90,000 and that the number of people working downtown could rise to as much as 165,000. The downtown area is undergoing major redevelopment programs, which are seeing areas such as Little Italy and El Cortez prosper from this investment with high rise condo developments of their own.
The Hard Rock Hotel will be San Diego’s first branded condo hotel, which is being developed and managed by Tarsadia Hotels and will offer all of its 420 suites for sale. The style and design of this condo hotel are reasons to look closer at this opportunity. The facilities will include a rooftop pool deck, a SPA, a lounge/bar and most importantly a rock n roll attitude. Prices start from $400,000 for a rock star suite and owners can occupy their property for up to 28 days per year. The suite can be managed by the hotel’s rental management program, which can generate up to $200 per night from San Diego’s convention centre visitors and leisure tourists.
With a rock star motto of “Your Place Your Rules”, the Hard Rock condo-hotel is an address worth waiting for when it completes in Spring 2007.
While San Diego is a city where condo hotels are developing at light speed there is a place called Ensenada, south of the border where you can find the kinds of amenities you would get for a five star resort. That place will exist and is far less expensive. I’m talkin about condo hotels like the Costa Baja Condo Hotel in Ensenda, Baja California. Home of the famous Off-Road Races Baja 500 and Baja 1000. You got to see it to believe it. The Costa Baja Condo Hotel offers ocean view vacation condo ownership in a resort hotel property with all the great amenities and services you would regularly expect in a four or five star property. When you are not using you condo it is placed into an organized rental pool and leased to guest on a nightly basis and you as an owner receive 50% of the net rental revenue to dramatically offset your ownership cost! Owners may will, transfer, and/or sell your ownership rights and profit from appreciation as well! The Condo Hotel concept in a phrase provides “hassle free vacation home ownership with great revenue and profit potential”. Our property will be branded with an internationally known franchise and worldwide reservation system to maximize occupancy rates and our owners profit potential. The Costa Baja Condo Hotel is located in the exploding ocean front real estate market of Northern Baja California, Mexico just south of San Diego. There are many more great benefits and options. A lot of people will take advantage of easy in house financing.