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Palms Hotel & Villas

Palms Hotel & VillasPalms Hotel & VillasPalms Hotel & VillasPalms Hotel & Villas
Description
    The Palms Hotel and Villas have much more to offer, including the large outdoor heated pool, sundeck, sports court and beautiful gazebo area with picnic tables and gas grills. And don't forget to stop by the Guest Services Desk, where you can ask about discount attraction tickets, make reservations for dining and inquire about free scheduled shuttle service to the Walt Disney World Resort Area parks. Finally, there is a 24-hour suite shop and guest laundry facilities. In the Orlando-Disney area, The Palms Hotel and Villas is your best choice for comfort, fun and value!

    The newly renovated Hampton Inn® Maingate East has much more to offer, including the large, outdoor heated pool, sundeck, sports court and beautiful gazebo. And don't forget to stop by the Guest Services Desk, where you can ask about discount attraction tickets and make reservations for dining and free scheduled shuttle service to the Disney theme parks. The Hampton Inn® Maingate East offers the ultimate in convenience, comfort and especially value when considering the leaseback opportunity: 

    Amenities include:
    Pool/Sundeck/Gazebo with Gas Grills
    Lodge/Breakfast Area
    Exercise Room
    Suite Shop
    Laundry Facilities
    Guest Services Desk
    Game Room

         *Ownership may include the opportunity to place your home in a rental arrangement.
    Leaseback Amount:  $1,000.00
    Program Length:            24 Months
    Leaseback includes:
    1. HOA Associations (both Master Property and Condo Community)
    2. Operational Cost for Hotel
    3. HCS Management Fee

    That's right: all management charges and association fees are waived for the first 2 years, so that's a net leaseback payment to the owner of $1000 / month!
    Estimated Cost to Owners per Month (not including Mortgage / Principal / Interest):
    The Palms Hotel and Villas (Phase II): $160.00
    Items not included by leaseback (use your monthly $1000 towards these):
    1. Mortgage/Principal/Interest
    2. Property Tax  (approx $50 per month)
    3. Insurance (Contents and Liability, per unit at approx $55 monthly)
    4. Credit Card fees, Travel Agent commissions, Linen
    5. Maintenance Issues - including Preventative Maintenance service each quarter

    Monthly Fee Information (without leaseback):
    This property operates with two homeowners associations, a master property association and a condo community association.
    • The Master Property Association, or "door-out" association, maintains public, shared areas, such as the pools, parking lots, sidewalks, landscaping, roofs, etc.   Monthly fee for the Master Property Association is the same for each unit owner:  $117.00
    • The Condo Community Association, or "door-in" association, covers utilities (electricity, cable, water, phone), security, carpets, management, etc.   Monthly fee for the Condo Community Association is sqft based:  approx $216.46
    Property Management:
    Hotel Condo Services charges a monthly property management fee of $150.

    Please click this link to see the latest resales on this development

    Call today for more information




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