Luxury Fractional Ownership - Redefining Vacations
by John Carol
Luxury fractional ownership is a profitable proposition for holiday makers who would like to spend their vacations in style. It offers a luxurious home for the period of your vacation at a fractional price compared to what you would pay to purchase real estate because you pay for the time that you actually physically own the place. This also cuts out all the headache of maintaining the home when it is unoccupied. After all, you can't be on holiday throughout the year. So if you buy a holiday home, you would be spending a huge amount on its upkeep and repair. It is a win-win situation for busy professionals and discerning families who look for a better way of spending their vacation time instead of living out of their suitcase in luxury hotels.
If you want to learn more about this type of vacation property, visit the Sherpa Report at http://www.sherpareport.com/prc.
You can get the high-class amenities in real estate in prime locations with fractional ownership deals. For instance, you will get chef's kitchens with granite countertops and high end appliances, spa like bathrooms, and large roomy closets. In addition, you will get all the benefits of a first-class hotel, in terms of service. Fractional ownership offers include the services of a concierge and a housekeeper who will have the place ready for you complete with pre-arrival grocery shopping as well. You can choose the type of residence from apartments and condominiums to townhouses, and detached homes with 2 to 4 bedrooms. Some of them come with offers of ski passes, golf club memberships, spas, pools and storage for your stuff between visits. For more information, visit http://www.sherpareport.com/prc/prc-overview.html.
Ownership works like this: owners purchase a deeded (1/4 to 1/13) share in a residence, which allows them a particular number of weeks per year at the property. For instance a quarter share would be 13 weeks and a 1/8 share would be about 6 weeks. Because you only pay for the time you use, this type of ownership is a much easier and less expensive way to enjoy prime locations, such as Vail, Colorado or Pinehurst, N.C. Prices range from $40,000 to over $1 million - it all depends on the location, number of weeks, number of bedrooms, and level of luxury. This includes use of all the amenities.
Look for more fractional home ownership information at http://www.sherpareport.com/prc/reasons-prc.html.
The really luxurious fractional ownership homes are no less than private residence clubs or luxury residence clubs. In fact, they do not offer a timeshare arrangement but give you the same rights as you receive with any type of real estate purchase. Thus, the value of your property will appreciate and you can spend longer amounts of time on it. In addition, you can enjoy a luxury level of furnishings, services, and amenities at a higher cost. Visit this link for more http://www.sherpareport.com/prc/fractionals-cf-timeshares.h detailed information tml
All said and done, fractional ownership homes give you a much cheaper option than owning a whole luxury home on your own in one location. So, it is worth considering.
Author John Carol is a residence club owner, who has recently decided to share his many years of experience. Click to visit his fractional real estate site. Click here to get your own unique version of this article.
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