PALMA MYSUITE
Condo Hotel
PALMA Mysuite makes its debut on the Italian hotel scene, with a strong specialization based on solid hotel and real estate skills. The Condo Hotel represents the perfect synthesis between the premium service of a hotel and the comfort of a luxury apartment set in a unique and exclusive context.
PALMA Mysuite has selected places and residences full of charm in Italy, designed for a luxury clientele who is constantly looking for innovative solutions with the guarantee of top-of-the-range hotel services, both when it comes to holidays and free time as well as business travel.
The Condo Hotel formula, although consolidated in the rest of the world, represents for Italy an innovative service model and PALMA Mysuite is the answer to an ever-growing demand by highspending travelers for accommodation where they can find all the comforts of their home.
The first Condo Hotel developed by PALMA Mysuite is a destination in the Langhe & Monferrato, an area recently awarded as World Heritage by UNESCO: it is a 14th century castle located in Castellero, which is being transformed into a luxury Condo Hotel. Milano WJC is the second condo hotel to open.
FORMULA
The Condo Hotel represents a perfect synthesis between a hotel and a private home, between a high-quality tourist-accommodation service and an investment in a prestigious property: the buyer of a suite has the full property while PALMA Mysuite takes the responsibility of the management, by renting the suite when it is not used by the owner. In other words, the buyer of a suite acquires all the advantages of owning a second home in a prestigious destination, without any management commitment or maintenance costs.
Furthermore, when he is staying at his property, the owner benefits from all hotel services as a VIP customer.
This formula allows to increase the value of a highend real estate investment, thanks to the service component, resulting much more interesting than a traditional real estate investment. This should not be confused with multi-ownership or other forms of time-sharing: in this case the buyer has the full ownership of the suite and enters into a normal management agreement with PALMA Mysuite.
