If you’re like many people, you’ve dreamed of owning a condo in Aspen – not to live here year-round, but to visit periodically.
But what about when you’re not there?
The great news is that Aspen is a great area to rent out condos on a short-term basis. Vacationers love feeling “at home” here.
If you're thinking of buying a condo for this purpose, here’s what your Aspen Realtor® will tell you to consider:
- Condos
- Townhomes
- Single-family homes
- Fractional condos
Condos
Many of the condos in Aspen have front desks, swimming pools, common laundry areas, and other services designed for short-term guests that you pay for in your condo association fees.
Townhomes
Townhomes don’t typically have common areas like a hotel would, but some communities do.
Single-Family Homes
Single-family homes can make great rental properties in Aspen – people want them for their size, and you’ll enjoy all the same benefits when you’re in residence. Types of homes often rent better during summer; during winter, skiers want to be on the mountain or closer to the action than most single-family vacation rentals are located.
Fractional Properties
Fractional properties, like the Ritz-Carlton Club, Hyatt or St. Regis, as well as others, allow you to own a property and get use of it during certain weeks of the year.
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