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Wednesday, September 28, 2011

Ritz Carlton Vail - Something to Consider

Reasons why I think this project offers value in the Vail Real Estate market:

1. Vail Resorts is offering discounts and tremendous incentives to buyers right now. Previous incentives included lifetime ski passes, social memberships to the Arrabelle Club in Lionshead, Red Sky Ranch Golf memberships, etc....

2. While the present location may be only a "B," the future development of EverVail will turn this into an A++ location.

3. The amenities and service level are unbeatable and meet the discriminating expectations of a true luxury buyer.

4. The potential to generate rental income which may offset fixed expenses such as dues and taxes in substantial.