Own A Slice of Costa Rica: Fractional Real Estate

Fractional Real Estate Costa Rica: Pay for what you use

2009-04-18T15:02:00.000-07:00

More and more people are opting to own a second or third home or vacation property fractionally, and to share usage of the property with other owners. These arrangements can involve a single home, or a large resort development, and can be organized by a small group of family or friends, an individual buyer or seller, a Realtor, or a developer.

Our firm works with developers, owners, investor and/or buyers in regards to fractional real estate. We assist those specifically in the U.S. and Costa Rica. Fractional ownership in destinations like Costa Rica is a wonderful way to own a property that you can enjoy for the time that you use it for. We find that many fractional buyers are from the U.S. and Canada. Specifically from states like CA, TX, FL and NY (see feeder markets graph).

Fractional ownership is an arrangement where a group of individuals or families co-own and share use of a vacation home or condo. Sometimes these arrangements are organized by the users themselves, but more frequently they are set up by a property owner or developer who outfits the property, creates the legal structure and documents, then offers the fractional interests for sale. Contrary to what you might think, groups of complete strangers who come together through these packaged offerings are generally much more successful at co-owning and managing the shared property than groups of friends or family members.
Statistics show that most people only use their vacation home 17-30 days each year. Shared ownership is appealing because it allows people to own only the share of a vacation home that they will use, rather than the entire property.

Call us to learn more about our services and see how fractional ownership in Costa Rica could benefit you. 727-687-3585 - Kenny Hayslett, Certified Fractional Expert.

Fractional Estate In "Lobster Beach" - Playa Langosta PRC

2009-04-18T08:30:00.000-07:00

This new offering is a must see in Guanacaste! 1/8th share offered at $495K.

The estate comes with a full time staff and security guards and more. If you seek a luxury estate near Tamarindo then this is a great property. Costa Rica fractional real estate is the best way to "pay for what you use" if you do not live in the area full time.

According to the developer....Imagine a magnificent multi-million dollar 10,000 sq. foot ocean front home on Playa Langosta (Lobster Beach) in Costa Rica. Imagine an unparalleled sense of luxury and VIP personal treatment. Imagine a vacation home lifestyle reserved for only the privileged few. The Playa Langosta PRC provides owners with a peerless experience at one of the most beautiful and desired locations in the world...Guanacaste, Costa Rica. It combines virtually all of the benefits of whole ownership with the services and treatment of a fine hotel, with virtually none of the worry or hassle. It's all here in the Playa Langosta Private Residence Club and through Fractional Ownership, it's yours for a fraction of the cost.

Playa Langosta Private Residence Club is located just south of Tamarindo in the upscale area known as Playa Langosta (Lobster Beach).Tamarindo is easily accessible from Liberia Airport in the north or from San Jose Airport in the capital of San Jose. There are several flights daily from key locations in the United States to either airport and a commuter airline, Sansa, services Tamarindo with a number of flights each day.

Common Questions Regarding Fractiona Ownership and This Project:

What is Fractional Ownership? Fractional Ownership is the fastest growing segment in real estate in Costa Rica. Fractional Ownership is an alternative to a high priced second or vacation residence. Families purchase only as much of a multimillion dollar deeded residence as they can actually use, and pay a fraction of the cost.

What is a Private Residence Club? The Private Residence Club (PRC) designation is reserved for those elite properties in the Fractional Ownership segment of the real estate industry that deliver the highest degree of quality and service. The property must stand out as one of the most luxurious in the area and the personal services that are delivered must be beyond anything that could be expected, except in the most prestigious fine hotels.

What are the advantages of such ownership? Fractional ownership, in general, and the Private Residence Club, particularly, have been designed to provide more quality, convenience, services, and VIP treatment than a traditional vacation home. The Playa Langosta PRC provides owners with a peerless experience at one of the most beautiful and desired locations in the world...Guanacaste, Costa Rica. It combines virtually all of the benefits of whole ownership with the services and treatment of a fine hotel, with virtually none of the worry or hassle.

How often can owners use their vacation home at The Playa Langosta PRC? Virtually as often as you wish, subject to the project documents, policies, and procedures. All eight owners have guaranteed usage of one week every other month on a rotating basis. Some years that is six weeks of usage and other years it is seven weeks of usage. Over an eight-year period, owners have had usage of every week of the year. You can get additional usage through a Space Available program, too.

Contact us for more information about Costa Rica fractional real estate http://www.ownasliceofcostarica.com/

U.S. 727-687-3585 - Kenny Hayslett

Jaco Blu is turning heads for Costa Rica fractional real estate

2009-03-26T18:27:00.000-07:00

FRACTIONAL OWNERSHIP AT JACO BLÙ

Big dreams and vision come to Jaco Beach via "Jaco Blu". Fractional ownership in Costa Rica is alive and well. This bold project will offer luxury living at a "fraction" of the cost.

According to the Jaco Blu website:

Why buy 100 percent of something you will only use a few times a year? With a Fractional Share, or a large share of co-ownership� you buy only that portion of the property that you will actually use. You own your vacation property, enjoy more space, luxuries, amenities, services, and usage time, without property management, or maintenance hassles. This is true equity ownership in a valuable real estate asset. Also, for well conceived, and located fractional properties, in desirable destination spots, there is significant rental income generation capability, and appreciation present. There can also be tax benefits. Timeshares are similar, but they typically are for only 1-2 weeks of vacation time each year, and timeshare ownership does not have the same benefits, as large share co-ownership of a vacation property. With vacation costs rising worldwide each year, you can own your vacations, just like you own your house, lock out inflation, and avoid rental rate increases.

Four Seasons Residence Club Costa Rica

2009-03-26T18:03:00.000-07:00

Four Seasons Residence Club is a big hit in Costa Rica. Four Seasons is offering fractional real estate ownership for those who desire luxury real estate in Costa Rica at a "fraction" of the cost.

According to Four Seasons...

A new method of vacation home ownership, fractional ownership is becoming increasingly popular in the luxury market. Ideal for busy professionals and families looking to maximize their vacation time, fractional ownership is attracting individuals who want to own the highest in quality and service, while paying only for the time they plan to use.

Fractional ownership gives you the full enjoyment and satisfaction of owning an elegant vacation home – without the high cost of entry and many of the usual responsibilities associated with owning a traditional vacation home. As an owner, you can transfer or sell your interest as you would with real estate ownership.

With only 12 interests sold in each villa, each owner at Four Seasons Residence Club Costa Rica has greater flexibility and options when requesting their vacation dates each year. You enjoy access, year after year, to a beautifully designed and impeccably maintained ocean-view villa, enhanced by uncompromising Four Seasons service. You also enjoy exchange privileges, providing access to other Four Seasons Residence Club locations.

To learn more about fractional real estate in Costa Rica visit www.OwnASliceofCostaRica.com