Fractional Vacation Ownership
Fractional and Residence Clubs are the fastest growing form of equity
vacation ownership.
Do you like the idea of owning a vacation home in your favorite location but
don’t want the burden and the cost or repairs and upkeep?
Do you love the benefit of luxury hotels but dislike living out of a suitcase?
If you answered “ yes,” to either of these questions, you’re not alone. A new
breed of vacation home ownership called “Fractional Ownership” is becoming
increasingly popular with busy professionals looking to maximize their vacation
time.
- Fractional ownership of vacation homes, also called Private Residence
Clubs, is a relativity new concept that allows you the owner to enjoy the
privileges of vacation home ownership at a fraction of the cost of whole
ownership.
- Fractional and Private Residence Clubs offer you the opportunity to purchase
a deeded share of a residence, usually 4 to 8 weeks annually.
- Because you’re essentially 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 if you choose or just enjoy your home
residence club.
- This style of real estate arrangement is ideal if you desire the benefits of owning an impressive second home complete with hassle free services and located in incredible mountain panorama vistas. Can’t justify the investment because of limited use? Fractional is the way to go.
Learned enough... then go to: Ruidoso's Best Fractional Ownership Opportunities.
Exchange Weeks and Travel the World
The ability to exchange weeks with other resorts and destinations is a great concept from timeshare days. The good news is the concept hasn’t been abandoned but instead greatly improved when applied to fractional and private residence clubs. With four or more weeks to enjoy, you can choose to spend part of your time at a different property in another part of the country-or the world.
- Most fractional properties participate in an exchange program that gives owners the ability to reserve time with other properties that have the similar level of luxury. Don’t feel like visiting your mountain home property in the winter? Trade it for a week in the lush tropical islands instead. Always wanted to see Italy? Reserve two weeks in a Tuscan villa.
- Though getting the location you want often involves planning ahead, this flexibility is one of the most exciting aspects of fractional ownership.
Learned enough... then go to: Ruidoso's Best Fractional Ownership Opportunities.
Hassle – free Vacation Home Ownership
Part of the beauty of fractionals and private residence clubs 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’s included in the price and annual dues.
Appreciation Potential
There are a limited number of fractional developments and private residence clubs. As a relativity new concept and because of the emphasis on placement in only the most highly-desirable locations, demand currently exceeds supply. As a result, it is likely there will be substantial appreciation, rather than the depreciation that usually occurs with timeshares.
- Real estate experts say that the outlook for appreciation appears excellent. You can expect, at the very least, an appreciation parity against other real estate in the resort area in which their fractional is located.
- The resale value of shares at the oldest private residence club in the country, According to the Hobson Advisor, a consulting firm specializing in fractionals, the Deer Valley Club in Park City, Utah has increased 16% a year since 2001. Prices for a share in the Colorado Timbers Club, are 50% higher than when it opened in 2000, and there is a waiting list of potential buyers.
Learned enough... then go to: Ruidoso's Best Fractional Ownership Opportunities.