What is a resort condominium?
A resort condominium is a condominium unit owned in fee simple that is located within a resort property.
What is Aqualea Resort Condominium Hotel?
Aqualea Resort Condominium Hotel is Clearwater Beach's newest and most luxurious resort condominium. Your residence at Aqualea will be located within a four-star resort managed by Hyatt Corporation®, with resort style amenities and services.
What is the difference between a hotel and a resort condominium?
The typical distinction between a traditional hotel and a resort condominium is two-fold.
First, the resort rooms that are available to stay in and rent at a hotel are owned by the hotel owner, while the rooms available at a resort condominium are owned in fee simple by individual owners.
Secondly, owners of a resort condominium are free to use their condominium units at their leisure for up to sixty days or, alternatively, place their unit into a resort management program.
What resort services are available to the owners at Aqualea?
Resort services will include:
- Room service
- Maid service
- Resort concierge
- Covered valet parking
What are the amenities of Aqualea Resort Condominium Hotel?
Owners will be surrounded by luxury in their very own elegantly appointed suite located directly on Clearwater Beach in the heart of Beachwalk. Additionally, owners will also have access to many amenities typical of a Hyatt® four-star resort including:
- A resort-style pool and a jetted spa
- A signature Hyatt® restaurant
- Poolside bar and grill
- A premier fitness facility with cardio vascular and weight equipment
- Beach concession area with towel and beverage service
- A professional Spa with treatment rooms & massage services
- Exclusive membership in the White Orchid Beach Club
- Meeting rooms, ballroom and business center
- Secured parking area for unit Owners
- Private poolside cabanas with A/C, cable television, lounge chairs & bathrooms are available to own or rent
Does each condominium hotel suite have a view of the Gulf?
Yes. All 250 condominium hotel suites will have picturesque views of the Gulf.
What is the White Orchid Beach Club?
The White Orchid Beach Club is an exclusive owners' beach club that gives members access to the private beach club facilities and amenities. Specifically, members will have access to the magnificent private clubroom, which may include:
- Bar and lounge
- Locker room
- Business center
- Game tables
- Media area
In addition, the Club will also provide beach level towel service and storage facilities.
What are the benefits of owning a resort condominium?
There are numerous benefits to owning a resort condominium. The first is location. Aqualea Resort Condominium Hotel will afford its owners with the opportunity to own a vacation or second home located in a premier Florida beach destination with four-star resort services and amenities.
The second benefit is maintenance. If an owner participates in the resort management program, resort staff will take care of many of your unit's maintenance needs.
As an owner at Aqualea Resort, you may have the opportunity to place your unit in a Resort Management Program operated by Hyatt Corporation®, thereby allowing your unit to be managed and maintained by Hyatt Resorts®.
Who will operate the resort?
Aqualea Resort Condominium Hotel will be managed by Hyatt Resorts®, one of the most prestigious hotel and resort operators in the world.
Hyatt® operates and maintains more than 213 hotels and luxury resorts in 43 countries and has selected Aqualea as their signature property on Clearwater Beach. Although Hyatt® has executed a long-term agreement to manage the Aqualea Resort, there is no guaranty that Hyatt® will operate the resort.
Is a resort condominium a "timeshare"?
No. The owner of a resort condominium has the same traditional ownership rights that any condominium owner is granted by the state of Florida, including voting privileges and membership in a condominium association.
Is a resort condominium a "fractional ownership" property?
No. Owners of resort condominiums have complete ownership of all real property aspects of their units.
Can an owner allow family and friends to use the owner's unit?
Yes. Owners may allow family members, friends or other designated guests to use their unit during any time periods that owners are entitled to use the unit. However, occupancy of the unit by family and individual guests of the owner will count against the owner's annual usage limitations and may be subject to certain administrative fees.
What are the expenses of owning a resort condominium?
Expenses for a resort condominium at Aqualea are described in complete detail in the Condominium Prospectus and HUD Property Report.
Expenses will include traditional condominium assessments, and typical fees for resort services such as room service, spa treatments, and similar items.
Are the units sold furnished or unfurnished?
All units will be sold furnished. Furniture, fixtures and equipment will be selected and coordinated by a professional interior designer who is part of the Developer team. Purchasers will not have the option of buying a unit unfurnished.
How are the resort condominiums furnished?
Aqualea Resort Condominium Hotel has engaged a leading interior designer to select and coordinate all furnishings and fixtures for each unit.
Upon the opening of the resort, all units will be "live-in" ready. Based on each individual floor plan and subject to vary, the furnishings will include seating arrangements with a couch and/or chairs, granite kitchen and bath countertops, tile floors and carpet, dining table with chairs, granite bar countertops with bar stools, balcony furniture, artwork, silverware, linens, plates, towels and similar items. In addition, each unit will have data/telecommunication/entertainment technology, including flat screen televisions, high speed internet access, WIFI access, cable television, in-room pay-per-view movie systems, door access control systems and fully integrated telephone system.
Can an owner finance the purchase of a resort condominium?
Yes. Purchasers are free to finance the purchase of their units through their own lenders or through the preferred lender for the project. Each lender's decision to make the loan will be based on the creditworthiness of the individual purchaser, the value of the unit being purchased, and other criteria established by the lender.
When is the scheduled opening of the resort?
December 2009 .
When can owners begin using their unit?
Owners will be able to stay in their units upon the Grand Opening of the resort by Hyatt.
What is Beach by Design?
Beach by Design is a comprehensive development plan adopted by the City of Clearwater designed to revitalize and redevelop the majority of the south beach portion of Clearwater Beach. This is to be accomplished by implementing redesigned systems of roads, public parking, landscaping, public attractions, walking promenades, street-level shopping and four-star hotel and resort developments.
What is "Beachwalk"?
As part of the Beach by Design redevelopment plan, a "Beachwalk" has been constructed, beginning at Pier 60 and continuing south down the beach for approximately one half mile.
Beachwalk contains a walking promenade, hiking and biking trail, retail shops, new landscaping, new streetscape features and public attractions.
How will Beachwalk enhance Aqualea Resort Condominium Hotel?
Aqualea Resort Condominium Hotel was designed to be the central focus of Beachwalk. As such, construction of Beachwalk will coincide with construction of Aqualea Resort Condominium Hotel.
Upon completion of Beachwalk, Gulfview Boulevard will be moved westerly, toward the beach. A meandering promenade will be incorporated with lush landscaping amid pedestrian-friendly shops and cafés. Beachwalk, Aqualea Resorts and Residences and other hotel developments will transform Clearwater Beach into an upscale beach resort destination
How can I learn more about Aqualea Resort Condominium Hotel?
To learn more about Aqualea Resort Condominium Hotel, please call 1-866-500-2363 to schedule an appointment with a Sales Representative, who can also provide you a copy of our new and exciting Aqualea Resort Condominium Hotel DVD for you to enjoy.
You can also visit our Sales Center located at 105 Coronado Drive, Clearwater Beach, Florida. At the Sales Center, you will be able to view our showroom, watch a virtual reality tour and obtain more detailed information.
866-500-2363