Why Fractional Ownership Real Estate?

Imagine owning a beautiful Caribbean vacation home, in an exclusive location, complete with personalized services and amenities and a carefree vacation lifestyle for only 10 – 15% of what you would pay for a house of your own. Fractional ownership, originally developed in luxury ski resort areas, has quickly become a popular and convenient trend for those who cannot afford the time or cost of maintaining a vacation home that will only be used for a few weeks or months of the year.

With fractional ownership real estate, enjoy four to 12 weeks of vacation home ownership privileges per year at a world-class, fully-furnished luxury resort for only a fraction of the cost. Fractional ownership is similar to any other real estate purchase, except you are only purchasing a fraction of the property instead of the entire property.

Property shares range from 1/4 to 1/13, with each owner having an equal number of calendar days to use the unit. A buyer commits to paying the same proportion of annual costs per year. For example, owners of a quarter share in a property, can each enjoy up to 3 months a year in the unit for only 25% of the total annual costs for management, maintenance and administration. This makes it possible to acquire the ultimate luxury Caribbean vacation home that would otherwise remain just a dream.

Fractional Ownership – A World Beyond Timeshares

Luxury fractional ownership, while sharing some common traits with timeshares, actually differ very greatly. Here are the main advantages that fractional ownership real estate offers:

Actual Ownership

Buyers receive a title to their share of the property and are free to rent, gift or sell, just like any other real estate purchase. With a timeshare, what is purchased is only the time in a resort and the right to use its amenities for the given period; you do not own anything.

Investment Value

You can expect at least an appreciation parity against other real estate in the same area. Financing is also easier for a fractional, as bankers and lenders consider them to be the equivalent of second home ownership. Timeshares, on the other hand are known to drop in value as soon as the purchase is made. At any given time, hundreds of timeshares are being resold, at a tiny fraction of what was paid. This means a higher financing rate. Another reason for the difference in value is that fractional ownerships are actually worth the combined total of each buyer’s contribution. A timeshare is worth much less because the sales commission rate can be as high as 40-50%.

More Time

Owners can expect from 4-13 weeks a year in the unit. Timeshares are usually only one or two weeks per year.

Luxury

Fractional ownership offers a higher level of luxury and extravagance, not only in furnishings but also in the amenities and personal services provided. They are also larger, usually with 2-4 rooms.

Freedom to Exchange Weeks & Explore Elsewhere

Most fractional ownership properties allow buyers more freedom than simply being able to rent out the property while not in use. Owners can participate in an exchange program which allows them to spend part of their time at a different property of the same quality level, even multiple vacation spots around the world.

A Home Away From Home

Fractional ownership provides the comfort you would expect to find at home but so much more – essentially a high-quality home within a classy resort.

Large spacious units with plenty of rooms, fully-equipped kitchens along with laundry facilities and other amenities you would expect to find at home, are all included so there is no sacrificing of space just to be able to afford the on-site services and activities.

Exceptional Hassle-Free Service

The key to the success of fractionals is the professional management. Everything is included in the price of the unit and annual fees, which means owners do not worry about any maintenance, repairs, bills or housekeeping. This is the vacation home that is so much more than a house by the lake!

Private residence clubs, an enhanced fractional ownership property, offers even more luxury in the most desirable exclusive destinations of the world. The services are above and beyond what you would find in any other vacation provider. If you are looking for a Caribbean vacation home, with access to all amenities in a resort area and a hassle-free lifestyle, catered exactly to your preferences, then fractional ownership is ideal for you.

Fractional ownership

Imagine a vacation where a simple phone call makes all this possible: The staff shops for all your groceries, decorates the unit with your family photos, takes all your belongings out of storage and places them just as you desire, and makes all the reservations you want. You are met at the airport and taken to your home where everything is just as you expected and then more.