Fractional Vacation Ownership | Holiday Lifestyle Investments
Do you like the idea of owning a vacation property in your favorite holida location, but don’t want the burden and cost of repairs and constant upkeep? Do you love the services of a luxury 5 star hotel but dislike living out of your suitcase unpacking constantly from place to place? You’re not alone. A new breed of vacation home ownership, called “fractional ownership,” is becoming increasingly popular with busy professionals and families looking to maximize their vacation and free time.
Fractional resorts are real estate developments in prime resort locations on the golf course, ski slope, near resorts or close to the beach. They provide the standard amenities of a luxury homes, such as granite kitchen countertops, whirlpool baths and roomy closets combined with the benefits of a 5 star hotel, such as concierge, housekeeping and grocery shopping services, this makes for a turnkey solution. Depending upon the design of the property, residences may be hotel suites, cabins, townhouses or detached homes in great holiday vacation spots throughout the World.
Owners purchase a deeded share in a residence (usually 1/4 to 1/13) that gives them a certain number of weeks per year at the property and use of all amenities. By only paying for the time you use, fractional ownership can be a much more cost-effective way to stay in desirable locations all over the World.
Fractional ownership properties are often called “Private Residence Clubs” and they can now be found at some of the most exclusive resorts throughout the World. Join in on these amazing and fun investment opportunities.
Fractional Ownership not a Timeshare at all
Luxury vacation fractionals differ greatly from the old-style timeshares. The primary differences are that fractional owernships offer you:
• Deeded property, with the same rights as any other real estate purchase
• Greater chance of property appreciation
• A longer amount of time on property (from 4-13 weeks)
• A luxury level of furnishings, services and amenities
Of course, all of the above perks add up to another major difference: price. The cost of fractional property is quite a bit higher than that of a typical timeshare, though still much less expensive than whole ownership of a luxury home in the same location.
Let the vacation property professionals at our sister website Club Absolute help guide you through your decision process.