FRACTIONAL OWNERSHIP - A FAST GROWING FORM OF VACATION OWNERSHIP

Fractional ownership of vacation villas is a relatively new concept that allows you to enjoy up to three months of vacation ownership privileges at top-of-the-line luxury resorts but at a fraction of the cost of whole ownership.

Fractionals offer you the opportunity to purchase a deeded share (usually 1/4 to 1/13) in a residence that gives you a certain number of weeks per year at the property and use of all amenities.

Because you are only paying for the time you use as opposed to paying for all the time with whole ownership, fractionals can be a much more cost-effective way to vacation in the most desirable locations in the United States and around the world.

This is an ideal arrangement if you want the benefits of owning an impressive second home complete with personalized services and located in a very exclusive community but don’t wish to justify the greater expense of whole ownership because of limited use.

Prices vary widely from $60,000 to more than $1 million, depending on the location, number of weeks, number of bedrooms and level of luxury.  Residences may be hotel suites, cabins, townhouses, villas or detached homes.

Fractional residences are NOT your ordinary second home.
 

EXCHANGE WEEKS AND TRAVEL THE WORLD

The ability to exchange weeks with other resorts is truly a great concept.  With four or more weeks to enjoy, you can choose to spend part of your vacation time at a different resort in another part of the country – or the world.  Utilizing the exchange feature you will be able to vacation at over 2200 resorts in 79 countries!

Though getting the location you want often involves planning ahead, this feature is one of the most exciting aspects of fractional ownership.
 

RESORTS MANAGED BY FIVE-STAR COMPANIES

The key to the success of fractionals is their management.  Most are operated by well-respected companies known worldwide for their first class resorts such as Hyatt, Ritz Carlton, Four Seasons, Millennium, Starwood and Intrawest.  These are brand names that can be trusted with sophisticated, experienced operations and a proven ability to deliver five-star service and amenities,
 

HASSLE-FREE VACATION HOME OWNERSHIP

Part of the beauty of fractionals is that they are completely hassle free.  In addition to having a staff for personalized service at your disposal, you never have to worry about repairs, maintenance or housekeeping.  Everything is handled for you.  Best of all it is included in the price and the annual fees.
 

APPRECIATION POTENTIAL

There are a limited number of fractional resort developments.  As a relatively new concept demand currently exceeds the supply.  As a result, it is likely there will be substantial appreciation.

Real estate experts say that the outlook for investment appreciation appears excellent. You can expect an appreciation parity against other real estate in the resort area in which their fractional is located
 

FRACTIONAL PRICING

What do fractionals cost?  Obviously they vary based on their size, amenities and location of the individual property.  But most are in the $100,000-$500,000 range.  Bear in mind that these are truly top-of-the-line homes that would cost you two to five times as much if purchased outright as wholly-owned vacation homes.

Typically, you pay a one-time purchase price and then a yearly upkeep that covers all of the expenses associated with property ownership and its use and services.