Condotel and Tourism

Condominium hotel or condotel market is getting more attention in big cities outiside Jakarta with tourism potentials such as Bandung, Solo, Yogyakarta, and Bali. The condotel's main orientation is to provide the availability of accomodation in tourist destination cities.

"Condotels outside of Jakarta gained different buyer profile, especially in Bandung, Solo, Yogyakarta, and Bali, because of the tourism potential of those cities", said Arief Rahardjo, Head of Research & Advisory at PT Cushman & Wakefield Indonesia, during a discussion "2012 Condominium Prospect and Investment" in Jakarta on Monday (14/5/2012). He said that condominium with hotel concept and built in tourism regions makes a good target for the investors. Afterwards, they will lease or re-sell the property.

"The expansion of condotel is quite high, because it has distinct market target and high demand level", he said.

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Sun Motor Group is also starting to expand their condotel business in Yogyakarta this year, following their success in Solo Paragon Mall, Condotel and Residence.

The Sun Premira Condotel & Residence is built in strategic location to accomodate tourism business around the area. Since Yogyakarta is also well known for its universities,  Condotel rent is not merely for tourism, but it also covers the college student's need. 

With 2 years ROI 16% guaranteed and paid upfront, managed by Mercure from Accor group with its networks all over the world, it made Sun Premira Condotel & Residence as THE BEST INVESTMENT PROPERTY in Yogyakarta. It's a freehold ownership property, and its available for foreign investors.

For more info : 6221 7070 9271 / 628196013010 (LISA)