What is a condominium resort?
Generally the term 'condominium resort' refers to a collection of residences built in a resort area. A unit in the complex may be referred to a 'resort condominium'.
Sometimes the governing documents require that the residence be available for rent for a fixed minimum number of days or weeks during the year.
A resort condominium has several possibilities. It can be operated as a hotel, offering short term rentals, and which maintains a front desk. That would allow someone to own a full-service vacation home. It can take the form of separate vacation rentals where owners can buy single units as an investment and rent them out to vacationers. It can also take the form of a time share fee ownership where owners can buy permanent use in the form of weekly increments.