Real Estate

Live Anywhere During Retirement – Best Nesting

It sounds like a dream, but many of today’s retirees who have embraced technology and new forms of second home ownership are living the dream.

By combining condo hotels and technology, many people find they can spend more time in the places they love, with less expense and more luxury.

Condominium hotels are hotels that have been converted or built for individual ownership of hotel rooms and suites as a traditional condominium. A condo-hotel unit offers the owner hassle-free rental income when the owner is not in residence and the personal luxury of maid, valet, etc. service. when he is at the residence.

As technology evolves, many of us find that the office is anywhere with Wi-Fi and Blackberry cell service. So why not an office in luxurious surroundings? On a beach or in a luxury hotel?

Will retirement simply be spare office space that looks like a series of hotel condo suites? Many demographers believe that the baby boom generation will redefine retirement as a second career choice, not an endless round of golf or rocking out on a lonely front porch. That retirement will look like a wireless, wall-less race of new ideas and inventions.

If these predictions are correct, the future is indeed bright for the hotel condominium industry.

Better Nesting is a trend in the real estate industry that will dramatically reshape American housing. New products such as condo hotels and fractionals play an important role in this Besting trend. Boomers will look for new alternatives to better afford a luxury lifestyle in retirement. Condo hotels are just one of the new trends, private residence clubs, destination clubs and timeshares will be important to real estate markets in the future.