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The concept of condo hotels are around for nearly a decade now. But it was not until 2006 that Seattle became the hub of some major condo-hotel projects. The rage that kicked off with the opening of high end Madison Tower, is giving no signs of dying down. Being an important business district, Seattle is visited by huge number of business travelers every year. With its attractive coastline, sparkling lakes and mountains, Seattle is an important tourist destination too. It comes as no surprise then; buyers are very enthusiastic about these high end projects that are an innovative fusion of luxury hotels and upscale Seattle condos.

If you are looking for a second home in Seattle, you can choose from one of these prestigious real estate projects that offer you the best of both worlds---five star amenities and ownership of a branded property. In addition of the vacation home buyers, the baby boomers also find these properties very attractive.

These Seattle condos will offer you all kinds of amenities and services that you find in four or five star hotels. Starting from weather controlled swimming pools to full service spa, state of the art fitness centers to multi cuisine restaurants, parking space to concierge---condo hotels will offer you all that you can expect from a dream stay at one of the world’s best hotels.

These properties are typically run by world famous hotel chains like Hiltons, Four Seasons, Carlton and so on. Just like regular Seattle condos, you will have full ownership over your unit. But unlike the normal Seattle condos, these condo hotels are not meant to be used as primary residences. While the owners are typically allowed to stay 30 to 60 days in their units, the rest of the time they are rented out to the guests. However, the rental proceeds are divided between the hotel owners and the unit owners. The owners however are free of any hassles relating to the maintenance of their property or hassles relating to renting out of their units such as finding tenants and collecting rents etc.

There have always been strong demands for Seattle condos. Despite being a comparatively new concept, condo hotels are fast capturing the market. As many as six condo hotel projects are under construction. All the projects have evoked intense interest from the buyers and most of the units were presold in a short span of time. Major Seattle condo hotel properties are Madison Tower, Four Season Hotel and Private Residences, 2nd + Pine, Eighth + Pine, Olive 8 and 2200.

If you long for a five star lifestyle during your vacation days, you can consider Seattle condo hotels as your second home option. Even if you have no intention in spending time in these properties, you can still opt for them for its potential appreciation.

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