Luxury Fractional Ownership - Redefining Vacations
by John Carol
If you are sick of living out of the suitcase and hopping from one hotel to another during your vacation, there is another option you can explore that will provide you with a home away from home. This option is of luxury fractional ownership of a vacation home in a location of your choice. You can own this home without worrying about its maintenance. And, all you pay for it is just a fraction of the full price because you pay for owning your second home for only the weeks that you will stay there. It is an ideal arrangement for busy professionals and discerning families who are looking for a better way to spend their vacation time than be restricted to hotel rooms.
You can get more information about this type of vacation property, at http://www.sherpareport.com/prc, the official website of the Sherpa Report.
Fractional ownership offers real estate in prime locations that provides the high-class amenities you love. This includes chefs kitchens with granite countertops and high end appliances, spa like bathrooms, and large roomy closets, along with the benefits of a first-class hotel, including a concierge, housekeeping, and even pre-arrival grocery shopping services. The services can also include ski passes, golf club memberships, spas, pools and storage for your stuff between visits. The type of residence can vary from apartments and condominiums to townhouses, and detached homes and they typically offer 2 to 4 bedrooms. Visit this link for more information: http://www.sherpareport.com/prc/prc-overview.html.
The concept of ownership is quite simple; you purchase a deeded (1/4 to 1/13) share in a residence for the number of weeks you want to stay on the property per year. For example, if you buy a quarter share, you can stay for 13 weeks and a 1/8 share would give you about 6 weeks. This way you can go to a prime location, such as Vail, Colorado or Pinehurst, N.C at a fraction of the price you would be spending if you were to buy real estate. Prices range from $40,000 to over $1 million according to the location, number of weeks, number of bedrooms, and level of luxury. These prices are inclusive of all the amenities.
Look for more fractional home ownership information at http://www.sherpareport.com/prc/reasons-prc.html.
The really high end fractionals may also be referred to as a private residence clubs or luxury residence clubs. But how does this type of property differ from a timeshare? They are quite different, actually. A residence club offers deeded property that provides the same rights you receive with any type of real estate purchase; the property has more opportunity to appreciate; you can spend longer amounts of time on the property; and you can enjoy a luxury level of furnishings, services, and amenities. Fractional real estate does cost quite a bit more than a regular timeshare, but you get so much more for the price. Visit this link for more detailed information http://www.sherpareport.com/prc/fractionals-cf-timeshares.html
However, it is a proposition worth considering because it is far less expensive than owning a whole luxury home on your own in one location.
John Carol is a residence club owner, who has recently decided to share his many years of experience. Click here to visit his fractional home ownership web site. Don't reprint this exact article. Instead, reprint a free unique content version of this same article.
|
