Should I invest in a unit near the business districts or resorts/vacation spots?

TL;DR:
Go for a CBD unit if you want steady income from long-term tenants with less day-to-day involvement. Choose a resort-side unit if you’re aiming for higher (but seasonal) returns and are okay with more active property management.

Both are solid options, but they serve different markets—so it really depends on your rental goals and strategy. Here’s a quick breakdown to help you compare:

1. Condo Near Central Business Districts (CBDs)
Pros:
* Stable, year-round demand from professionals, expats, and students.

* Great for long-term or mid-term rentals (monthly/annual lease).

* Close to offices, transport hubs, malls, and schools.

* Higher rental yield in high-traffic urban areas.

Cons:
* Units in CBDs tend to be more expensive upfront.

* Tougher competition since a lot of rentals are concentrated in these areas.

* May have stricter condo association rules for short-term rentals (e.g., Airbnb).

2. Condo Near Resorts or Vacation Areas
Pros:
* Perfect for short-term rentals or staycations, especially on weekends and holidays.

* Can generate high income during peak seasons (e.g., summer, long weekends, holidays).

* Great if you’re targeting tourists or families looking for leisure stays.

Cons:
* Income can be seasonal, so off-peak months may be slow.

* Needs active management if you’re doing short-term/Airbnb-type rentals.

* Location might be far from your base if you live in the city, which can affect how hands-on you can be.

Other Things to Consider:
* Do you want passive or active income? CBD units are better for passive, long-term tenants. Resort areas need more hands-on effort for short stays.

* Are you open to working with a property manager? This helps especially if you go for a vacation rental that needs regular upkeep and guest communication.

* Know the local rules: Some condos don’t allow short-term rentals, so check with the property admin or broker first.