Hotel-Branded Residences Are Still Selling in a Down Housing Market

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Hotel-Branded Residences Are Still Selling in a Down Housing Market
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Despite a struggling housing market, hotel-branded residences are still thriving! These properties offer ultra-luxurious living spaces with high-end amenities and exclusive perks.

on a luxury condo building in Florida. There, every residence will come with a three- or four-car “sky garage,” with a high-speed lift that will catapult your vehicles to their parking spots. And the fashion brand Diesel is building a 159-unit tower in Miami, where the interiors will give off “haute couture meets well-worn denim.”

For those branded residences with a hotel name, buyers pay an average 30 percent premium for perks like in-room dining, butler service and housekeeping. In just one example of such a property, the Four Seasons is developing a private residence resort near Austin, Texas. The 179 homes and nine villas will be accompanied by 53 private pools, a lake club with more than three dozen boat slips and 100,000 square feet of indoor amenities.

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