Grove Resort és Spa - “Hotel-Lakások"

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The Grove Resort & Waterpark

The Grove Resort & Spa condominium-hotel Orlando’s new vacation complex is located just minutes away from Walt Disney World. It opened in March 2017, and has an average 75-85% occupancy rate. It consists of fully furnished two and three bedroom units in several buildings. The condominiums can be purchased – with and without mortgage loan. The owners can spend their vacations in their own units, and can rent the residences for short terms by one of the country’s largest management companies. The advantage of the condo-hotel is that the vacationers stay in a completely equipped suit with two or three bedrooms and bathrooms, and a full kitchen instead of one room or two connecting rooms. Also, there are many amenities to enjoy. Grove’s Surfari Waterpark and being close to Disney World magnet guests. Thus, the rental rate is often 100%, and the guests stay there for several nights in a row.

Huge pools, sunbeds, waterpark view from the units

Resort entrance with guard, fountain, lobby, concierge, parking garages

Boats, fishing - Austin Lake

Large pool at the Surfari waterpark

Restaurant with covered outdoor space

Lakeview with Fountain

Bus to Disney from Grove

Market from Early Evening to Late Evening with Huge Selection

Suit types from $ 360,900:

Palm floorplan

Two bedroom, two bathroom suits, air conditioned (AC) area: 118 sq. m. (1265 sq. ft.), total with terrace 1338 sq. ft.

Birch floorplan

Two bedroom, two bathroom units, 129.6 sq. m. (1375q.sq. ft.) AC area, total 1448 sq. ft.

Jasmine floorplan

Three bedroom, two bathroom units: 130 sq. m. (1396 sq. ft.) AC area, total 1468 sq. ft.

Sable floorplan

Three bedroom, three bathroom, 143 sq. m. (1544 sq. ft.) AC area, total with terrace 1614 sq. ft

Cypress floorplan

Two bedroom, two bathroom suites, in Building 3: 133 sq. m. (1.434. sq. ft.) AC area, total with balcony is 140 sq. m.

Current units for sale:

Please see link below.

http://groveresidences.com/siteplan/

Leasing/renting opportunity:

Owners rent their residences for short term by one of the country’s largest management companies, managing hotels and similar properties in Florida and other states. (Benchmark Hospitality). The rental prices vary depending on the size of the suits, the view, and the season. In average, the two- bedroom units can be rented from $250. The monthly profit reaches $3.300 for the owners, and $28.000 in a year. The three-bedroom units lease from $320 per day in average, making a $2900 monthly profit when the unit is purchased without a loan, and $36.000 profit in a year.

Resort-style amenities await the owners and guests of The Grove Resort and Spa: concierge service, luxurious lobby, full-service restaurant, conference room, bar, spa and more. Outside a lagoon pool, lazy river, surf simulation pool, two-story slides etc. offer relaxation and fun for everyone in a magical environment. Also, the Disney World’s buses take vacationers from and to Disney from the front of the lobby several times a day.

Sirf Simulator - Flowrider at the Waterpark with instructor

Wallpainting

Activity Center

Game Room

The location of The Grove Resort and Spa is a great advantage, since Orlando’s attractions are nearby, such as Magic Kingdom, Hollywood Studios, Seaworld, Universal Studios, Epcot, Animal Kingdom, Legoland etc. Orlando has myriad of other attractions as well all year long. (There were 66 million tourists in Orlando in 2015).