And some places like CL make some owners feel like they bought a condo. even if they have one of their houses.A condo is great... except you can't control the fees which are often what you could pay to rent and not all people pay so they keep raising fees to compensate.
I know the fees for one fellow and his 2 condos on Cabarete beach are half of what I live on monthly. It is more like he is renting the spaces.
As for the revamp of old AI resorts into condos, nobody can predict what tomorrow will bring to them, but I agree there is quite a bit of unused such space in just Cabarete in Jardin Deportivo, near Perla Marina and Punta Goleta. I only know of the one near Coconuts/Encuentro that has shown some reportedly slow work being done.