Oriental NC, Oriental NC real estate, Oriental NC properties, condo hotel, condo hotel investment, NC real estate investment, NC real estate, NC waterfront real estate, real estate investment, NC vacation, NC vacation rental, Oriental North Carolina,Oriental NC properties, NC coastal getaway/title> <meta http-equiv="Content-Type" content="text/html; charset=UTF-8" /> <meta name="distribution" content="global" /> <meta name="robots" content="follow, all" /> <meta name="language" content="en" /> <meta name="revisit-after" content="5 days"> <meta name="keywords" content=""/> <meta name="description" content=""/> <link rel="stylesheet" type="text/css" href="style.css" /> <script language="javascript" src="ypSlideOutMenus.js" type="text/javascript"></script> <script language="javascript" type="text/javascript">  </script> <style type="text/css">  </style> <style type="text/css">  </style> </head> <body> <a name="top"></a> <div id="body_link"><span class="style2"><a href="index.html">Home<a href="floorplans.html" onmouseover="ypSlideOutMenu.showMenu('link_floorplans');">Floor Plan</a><a href="slideshow.html" onclick="window.open (this.href, '', 'width=510,height=440,status=no,resizable=no,scrollbars=no,toolbar=no'); return false;">Slideshow</a> <a href="about.oriental.nc.html">About Oriental NC</a> <a href="links.html"> Local Links</a> <a href="contact.html"> Contact</a><a href="http://www.riverneuserentals.com" target="_blank">Rental</a></span></div> <div id="body_container"> <div id="body_content"> <div style="height: 18px; "> </div> <p class="MsoNormal" align="center" style="text-align:center;"><strong><span style="font-size:16.0pt; ">What is a condo hotel (condotel)?</span></strong></p> <p class="MsoNormal" align="center" style="text-align:center;"> </p> <p class="MsoNormal">The condo hotel (condotel) concept was begun in Europe in the 1950s. Condo hotel suites combine the benefits of condominium ownership with the luxuries of a waterfront hotel and an NC real estate investment.</p> <p class="MsoNormal"> </p> <p class="MsoNormal">Condo hotel investment suites are usually sold individually to buyers who often rent them year round to vacationers, reserving them occasionally for personal use. The NC real estate investment buyer might purchase a condo hotel investment to hold and re-sell for profit. The buyer makes a fee simple purchase of a deeded condominium unit. The condo hotel (condotel) suite may be re-sold. It will be placed in a rental management program or leaseback program.</p> <p class="MsoNormal"> </p> <p class="MsoNormal">While NC vacation rental rates rise and fall with the North Carolina real estate market and the Oriental NC tourism market, typical occupancy rates nationally are 63%. Oriental NC has a growing tourism market because it features so many waterways and baby boomers love to vacation on NC waterfront real estate properties!</p> <p class="MsoNormal"> </p> <p class="MsoNormal">River Neuse Suites is situated on the majestic Neuse River and panoramic views of the Neuse can be had from most points in the condo hotel, the lawn, and the double porches. This NC condo hotel is ideally situated only a short walk or drive from public boat ramps, the harbor, fishing, entertainment, marinas, restaurants, and shopping venues.</p> <p class="MsoNormal"> </p> <p class="MsoNormal" align="center" style="text-align:center;"><strong><span style="font-size:16.0pt; ">What are the benefits of owning a condo hotel (condotel)?</span></strong></p> <p class="MsoNormal"> </p> <ul style="margin-top:0in;" type="disc"> <li class="MsoNormal">Ultimate, no-hassle ownership with your very own waterfront condo for your NC vacation on the Neuse River—NC waterfront real estate in the idyllic Inner Banks at Oriental NC, the sailing capital of North Carolina and a top 10 place to retire.</li> <li class="MsoNormal">Affordable NC waterfront real estate investment</li> <li class="MsoNormal">Your condo hotel investment suite can be rented as a NC vacation rental daily, weekly or nightly, and will be managed for you by a rental management company. You’ll never have to clean up after renters—we have cleaning and maintenance staff.</li> <li class="MsoNormal">For those who frequently enjoy a NC vacation or just need an NC coastal getaway for occasional use, this may be the perfect NC real estate investment for you.</li> <li class="MsoNormal">Companies often purchase NC vacation property for their employees to use; the condo hotel investment seems ideally suited for this purpose, offering low maintenance and great flexibility with ability to offset the mortgage as a NC vacation rental.</li> <li class="MsoNormal">Enjoy the prestige of having a NC vacation retreat to invite friends and family!</li> <li class="MsoNormal">Historically, NC waterfront real estate appreciates in value over time.</li> </ul> <p class="MsoNormal" align="center" style="margin-left:.25in;text-align:center;"><strong><span style="font-size:16.0pt; ">Who buys a condo hotel (condotel) in NC?</span></strong></p> <p class="MsoNormal" style="margin-left:.25in;"> </p> <ul style="margin-top:0in;" type="disc"> <li class="MsoNormal">Individuals</li> <li class="MsoNormal">Business executives</li> <li class="MsoNormal">Frequent travelers</li> <li class="MsoNormal">Parents</li> <li class="MsoNormal">Vacation Home Owners</li> <li class="MsoNormal">Real estate investors</li> <li class="MsoNormal">Companies</li> <li class="MsoNormal">Anyone who wants an affordable NC vacation getaway</li> </ul> <p class="MsoNormal"> </p> <div align="center"><span style="font-family:'Times New Roman'; font-size:12.0pt; "><a href="mailto:info@riverneusesuites.com">Click here to have Donna or Marvin contact you with more information.</a></span><br /> <br /> </div> </div> <div id="body_foot_logo" align="center"> Contact Donna Harmatuk at 252-670-6595 or Marvin Bullock at 252-249-4701 <br> <i>Brokers, Keller Williams Realty • Email <a href="mailto:info@riverneusesuites.com">info@riverneusesuites.com</a></i> </div> <br /><br /> <div align="center"><img src="images/riverneuse_logo.gif" width="200" height="92" /><br> <br> </div> <div id="body_copyright">Copyright ©2007 | All Rights Reserved | Design by <a href="http://www.towndock.net">TownDock.net</a> </div> <div id="body_container2"> <script type="text/javascript"> /*********************************************** * Ultimate Fade-In Slideshow (v1.5): © Dynamic Drive (http://www.dynamicdrive.com) * This notice MUST stay intact for legal use * Visit http://www.dynamicdrive.com/ for this script and 100s more. ***********************************************/ var fadeimages=new Array() //SET IMAGE PATHS. 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