Life at the Shore, With or Without a Partner
Buying a home tied to a hotel brand comes with advantages, and downsides. Here are some factors to consider.
The Ritz-Carlton Residences, left, offer sweeping views on the oceanfront in Sunny Isles Beach, Fla.Credit.Jeffrey Greenberg/Universal Images Group, via Getty Images
By Shivani Vora
June 9, 2021, 5:02 a.m. ET
When you consider buying a waterfront property, no matter where in the world it is, there are generally two ways to go: choosing a residence affiliated with a hotel brand or one that is not.
“Hotel-branded properties are a huge and growing part of sales internationally when it comes to the waterfront,” said Daniel Hertzberg, a real estate agent with the Jills Zeder Group in Miami Beach, who specializes in sales of waterfront homes. “There are new developments opening all the time, and the demand for waterfront properties overall keeps growing.”