La Quinta Real Estate Blog

Casitas Las Rosas, in my opinion, is one of the best real estate investment opportunities in La Quinta.  Casitas Las Rosas is a condominium complex featuring casita-style vacation villas with views of the Santa Rosa Mountains and connected to the Embassy Suites Hotel & Spa in Old Town La Quinta. 

This unique investment opportunity allows you to take advantage of all the hotel amenities, but have the privacy and ownership of a private condo. There are 144 one-bedroom vacation villas each with approximately 682 square feet of living space. Most of the casitas are being sold turn-key furnished with Mediterranean style furnishings. Lounge by one of the 4 HOA pools or the hotel pool, walk to the Village of La Quinta, across the street, for shopping or exquisite dining at the Crab Pot, Hog's Breath, Cunard's Sand Bar or Arnold Palmer's Restaurant after a full day of fun in the sun. 

Enjoy relaxing at the Embassy Suites' Hibiscus Spa with six treatment rooms, a fitness center and whirlpools. The investment opportunity that presents itself is the ability to live here full time or rent it out through the hotel rental program (subject to approval), your real estate agent or yourself!

Today there are six properties for sale in the Casitas Las Rosas complex.  They range in price from $140,000 to $335,000.  The best deals, in my opinion are:

• Unit #4 - Current list price $140,000 - Owner paid $265,000 in 2005
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• Unit #1 - Current list price $142,000 - Mortgage amt $446,004 Indymac
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• Unit #8 - Current list price $146,000  - Assessed Value $206,779
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• Unit #7 - Current list price $149,000 -  Assessed Value $228,159

If you are interested in learning more about the investment opportunities that Casitas Las Rosas represents or other La Quinta properties, contact Laxson Realty at (760) 567-9100 or visit our website at www.LQ-Homes.com.