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FAQ. Who is fractional ownership really for?

There is no standard “type” of person who would best benefit from fractional ownership; in fact, fractional properties can suit all kinds of people, from all walks of life, tastes, budgets and vacation preferences. However, there are some key benefits that might suit your particular circumstances more than others.

Fractional property investment is a type of vacation real estate ownership that is ideal if you want to enjoy the advantages of owning a really impressive second home, which is typically of more value than you would be able to afford if you were to buy it on your own. That is, you can buy something really luxurious that would be out of your price range if you were to buy full ownership. Many of us, when we buy second homes, can’t justify spending so much money on a property that we will only use a few weeks every year, and fractional ownership offers a solution to this dilemma.

Fractional real estate ownership means that you buy a fraction of a property’s worth for use during a set period. These dates may or may not change each year, depending on the scheme. For fractional real estate ownership at Villa La Estancia Residences, these periods are 1/8 (6 weeks) or 1/4 (13 weeks) which rotate each year so that you can enjoy different seasons each time you visit your property. Therefore, fractional ownership suits people who do not wish to live permanently in their second home, but who might visit for short or long periods each year.

Fractional properties are also best suited for those people who do not wish to have to worry about their property when they are not using it. Fractional real estate properties like Villa La Estancia Residences come complete with management services and maintenance, secure within an exclusive gated community. Everything is organized for you so that you simply arrive during your scheduled time to enjoy your property.

Most fractional owners are frequent visitors to the resort area, having fallen in love with the destination, but who are not ready to make the leap to move there permanently. These buyers are looking for something to call their own, to share with friends and family, wanting to buy a specific upscale vacation property, not vacation time, but without the responsibilities and costs associated with a wholly owned home.

The great thing about fractional ownership is that it offers a convenient compromise between full ownership real estate and timeshare, where you take a luxurious step on the ladder of second home ownership.

Villa La Estancia Residences fractional ownership

by VLEAdminRE,
Sunset in Riviera Nayarit
Destinations, Fractional Vacation Ownership, Full Ownership, Real Estate, Riviera Nayarit

Snowbirds in Riviera Nayarit

Thinking about becoming snowbird in Riviera Nayarit? Fed up of the freezing temperatures in Canada and the USA throughout the winter months? Why not spend your winters in sunny Mexico and enjoy all the wonders of snowbird living in Banderas Bay.

Becoming a Snowbird in Riviera Nayarit

It is simple to make Riviera Nayarit your home, whether that be a second home, vacation rental or a permanent residence. Banderas Bay, which includes Nuevo Vallarta, Punta Mita and Puerto Vallarta, is an extremely expat friendly location with the some of the best real estate opportunities in Mexico. Immigration is relatively straight forward, property prices are reasonable and the lifestyle is unbeatable.

All it needs for you to become a snowbird in Riviera Nayarit is to make the decision and start the ball rolling. Come for a vacation and check out the opportunities for real estate and fractional ownership, so you can make escaping the winter frost a reality for you and your family.

Sunset in Riviera Nayarit

Why do Snowbirds choose Riviera Nayarit?

There are many reasons why “snow-birding” in Riviera Nayarit is so popular, but the weather has to be one of the key factors. Winter in Riviera Nayarit is warm and sunny with little chance of rain; you can escape SAD disorders thanks to the hours of sunlight guaranteed! Likewise the beautiful surroundings, which include mountains, stunning beaches and royal blue ocean, is a factor that makes Riviera Nayarit a top choice for snowbirds.

Real Estate investment in Riviera Nayarit is also very attractive, not only in terms of prices but also in terms of location, facilities and the range of opportunities for fractional purchases as well as full ownership. For those of you who only wish to spend a month or two at a time, fractional ownership could be a great idea.

Flights to and from Riviera Nayarit are also frequent, complemented by the convenient international airport that sits on the edge of Puerto Vallarta and Nuevo Vallarta. There are many direct flights from Canada and the USA as well as budget airline charters, most of which allow you to travel with pets.

Finally, the delicious Mexican cuisine and a great friendly community are the cherries on the cake of becoming a snowbird in Riviera Nayarit. You will want to make Mexico you second home forever once you have taken the first leap of faith into paradise.

Become a snowbird in Riviera Nayarit and visit Villa La Estancia Residences.

by VLEAdminRE,
FAQ

FAQ: As a fractional interest owner, will I have exclusive use of the property?

Yes, the property where you have purchased your fraction will be for your exclusive use during the allotted time stipulated on your purchase contract. You will not find anyone else staying in your residence during your time, unless you have decided to rent your property privately or have asked the administration team to coordinate the rental of your residence.

The housekeepers will ensure that your residence is completely clean and ready for your arrival and you can arrive at any time during your scheduled time. It is your home to come and go as you choose. Some owners arrive for extended weekends only and skip the weekdays, or stay the whole time; the choice is yours.

Your property will be ready whenever you decide to come during your allotted time and you will be able to leave your things at the property throughout your scheduled time; although you will be asked to removed all your belongings when your fraction is over for the year. Our concierge can help you organize storage options, should you require.

As a fractional owner of a residence at Villa La Estancia, you will also have unlimited access to the resort facilities and restaurants, including the pools, gym, spa wet areas and beach. You may also use the facilities and restaurants at Villa del Palmar Flamingos.

by VLEAdminRE,
Fractional Vacation Ownership at Villa La Estancia Residences Riviera Nayarit
FAQ

FAQ: How do I know my fractional vacation schedule for use?

One of the benefits of owning a fractional vacation property is that you can plan your vacations years in advance, knowing when and where you will be enjoying your vacations. You will know exactly when you can use your property according to a rotating schedule for users which is updated every year and shows at least the next 5 years of your potential usage. No one will be in your property during your allotted time (unless you offer you time up for private rentals), so you can turn up last minute if you wish.

The great benefit of fractional vacation ownership is that you own a particular amount of allotted time for life – you don’t need to make a reservation, you don’t need to book in advance and you don’t need to fight for your dates. Depending on the fraction that you have purchased, you will be able to use that time every year, for the rest of your life, leaving your fraction as part of your estate to be inherited.

Fractional Vacation Ownership at Villa La Estancia Residences Riviera Nayarit

In the case of Villa La Estancia, the fractional vacations you can purchase are 1/8 (6 weeks) or 1/4 (13 weeks), as well as full ownership. Although the fractional blocks rotate, you will be able to plan ahead using the fixed schedule. In all of these cases, you can turn up any time during your allotted time, just giving us warning that you are on your way to make sure everything is in place for you.

Fractional vacation ownership also offers you the chance to swap internally with other owners, if there are specific dates when you wish to be able to use your fraction, although these exchanges are not guaranteed and subject to availability and willingness of other owners.

by VLEAdminRE,
ILT Golf Vacation Paradise at Villa la Estancia
Riviera Nayarit

ILT GOLF VACATION PARADISE – RIVIERA NAYARIT

Golfers of all calibers have it made in Riviera Nayarit; and Villa Group’s Villa La Estancia in Nuevo Vallarta is proud to be the “latest gem” promoted by ILT Golf Vacations.

ILT Golf Vacations is a world class golf vacation travel company that has continued to satisfy more than 150,000 golfers since its launch in 1973. 2015 will be no exception with regular ILT golfing group tours arriving to Villa La Estancia in Riviera Nayarit for the next two months.

Last week, the latest ILT golfing group were received with a welcome cocktail overlooking the stunning beach that perfects the Villa La Estancia resort in Nuevo Vallarta. More than 100 golfers will arrive every week for the following two months to our AAA, 4 Diamond Resort in Riviera Nayarit’s exclusive hotel zone.

Golfing in Riviera Nayarit is a dream come true for both serious and novice golfers and Villa La Estancia is ideally located to offer great access to the world class selection of golf courses available in the area. With an ILT package, you get stunning ocean view accommodation at Villa La Estancia in Riviera Nayarit, flights and discounts on the top local golf courses such as Weiskopf and Nicklaus’ Vista Vallarta Golf Club and Flamingos Golf Course, as well as extra rounds at Vista Vallarta and Marina Vallarta golf clubs.

ILT Golf Vacation Paradise at Villa la Estancia

What is included in the ILT Golf Vacations Package to Villa La Estancia?

  • Chartered flight with Sun Country Airline (2 FREE checked bags!)
  • Beachfront 5 Star hotel
  • 1,100 Sq Ft Suite with guaranteed ocean views!
  • Discounts at Vista Vallarta Golf Club – Weiskopf & Nicklaus, and Flamingos Golf Course. 1 extra round of golf at Vista Vallarta or Marina Vallarta
  • 2 Tours
  • All inclusive meal plan
  • Free Internet
  • Use of Villa La Estancia’s adjacent sister resort, Villa Del Palmar Flamingos!

For more information about ILT Golf Vacations’ package to Villa la Estancia in Riviera Nayarit, just click here.

by VLEAdminRE,
La Marina Riviera Nayarit at La Cruz
Real Estate, Residences, Riviera Nayarit

Riviera Nayarit Events in January – The Taste of La Cruz

For the fourth year running, La Cruz de Huanacaxtle, Riviera Nayarit will host The Taste of La Cruz festival on Saturday January 24th, 2015 from 3pm to 7pm at La Marina Riviera Nayarit.

Taste of La Cruz

A great event for Riviera Nayarit visitors and residents alike, the Taste of La Cruz unites local restaurants from La Cruz, BucerĂ­as, Nuevo Vallarta and Punta Mita with artisans and stalls selling all kinds of arts, jewelry, clothing and edible delights. Tickets for the event will cost $150 pesos, which includes a free beverage and the opportunity to purchase food and souvenirs from a plethora of stalls, in addition to lots of fun.

If you are a resident in Riviera Nayarit or are thinking of purchasing in the area in the future, this is a great event to meet like-minded people and see the unique blend of restaurants, business and services available in Riviera Nayarit. The Taste of La Cruz has invited more than 80 local artisans, painters, jewelry-makers and chefs to contribute to one of Riviera Nayarit’s most unique cultural fairs.

There will also be music and entertainment included, with a great line up from the Tatewari flamenco group, Al & Zoe Latin/Swing performers and The Banderas Bay Jazz Allstars in the Xiriki Marina Amphitheater.

This event is highly recommended if you are contemplating making a move to Riviera Nayarit for retirement. It will give you a taste of what’s on offer culturally and socially in the area.

Riviera Nayarit Events in January - The Taste of La Cruz

by VLEAdminRE,
Roberto Martinez And Sara Jean Underwood in Villa La Estancia
Residences, Riviera Nayarit

Living with the Stars in Riviera Nayarit

By choosing to live in Mexico’s sunny Riviera Nayarit you have discovered what many stars and celebrities consider a haven from the fast paced life of Hollywood and stardom. In just 2014 alone it is reported that more than 40 actors, artists, singers, models and best loved household celebrities have visited the stunning shores of Riviera Nayarit.

Thanks to Riviera Nayarit’s fame for being a natural haven and luxury destination, it has continued to attract more and more celebrities, including artists from the screen as well as sportsmen and musicians escaping the limelight for some peaceful relaxation in paradise.

According to Riviera Nayarit’s Office for Visitors and Conventions (OVC) , 2014 set the bar for the number of celebrities to grace our shores with sightings of over 40 celebrities, and that is not counting those who went undetected. It is incredible to see Riviera Nayarit taking the social networks by storm thanks to the arrival of so many famous people in the area.

Some of the most notable celebrities to arrive to Riviera Nayarit in 2014 to celebrate a wedding or romantic getaways and honeymoons included Roberto MartĂ­nez and Sara Jean Underwood, Christina Aguilera and Matthew Rutler, Jessica Simpson and Eric Johnson, Leighton Meester and Adam Brody, among other national and international stars. There are also rumours that Eva Longoria and Kourtney Kardashian with their respective partners may choose Riviera Nayarit for their weddings in 2015.

Eva Longoria Roberto Martinez And Sara Jean Underwood in Villa La Estancia Kourtney Kardashian

Riviera Nayarit has also been a great place for sighting of gorgeous models such as Alessandra Ambrosio, Samantha Hoopes and Bethany Noel Mota. All these in addition to Mexican icons and celebrities who choose this spectacular coastline for their vacations.

Next time you think about where in the world you would like to make your second home away from home, follow the example of the stars and make Riviera Nayarit your own slice of paradise.

by VLEAdminRE,
Destinations, Full Ownership, Real Estate, Riviera Nayarit

Great News – Potential for More Flights to Riviera Nayarit

We have great news to share with potential real estate and fractional buyers in Riviera Nayarit. The US Department for Transport revealed that it has received applications from Southwest airlines to increase its flights to Riviera Nayarit. Becoming a second home owner at Villa La Estancia just became even more feasible!

Potential for More Flights to Riviera Nayarit

In a press release last December 2014, Southwest Airlines revealed that it has sought approval from the US Department for Transport for flights from Houston (William P. Hobby Airport) to Puerto Vallarta – Riviera Nayarit International Airport. “Service to Mexico will be the cornerstone of our international operation at Hobby; the four cities we are announcing today (December 11th) provide exciting travel and business options for consumers,” revealed Gary Kelly, Southwest Airlines Chairman, President and CEO.

Southwest Airline’s regular flights from Houston are due to start from October 2015, in time for next year’s high season for winter snowbirds. Houston is a great hub for many connecting flights, which will make it even easier for people to get to Riviera Nayarit and Puerto Vallarta on vacation and hopefully make flights cheaper thanks to healthy competition.

Flights from Houston to Riviera Nayarit will come in addition to the recently announced flights from Santa Ana, California to Riviera Nayarit starting from June 7th, 2015.

The More Flights the Merrier

This is great news for vacation owners and those interested in real estate in Riviera Nayarit as the potential for more and more budget airlines continues to increase and bring down prices of flights as well as open up more direct flight routes.

We will keep you posted about any more new flights to Riviera Nayarit and Banderas Bay.

by VLEAdminRE,
Fractional Ownership - Villa la Estancia Residences Riviera Nayarit
Fractional Vacation Ownership, Real Estate

Are Fractional Ownership and Timeshare the same?

No, fractional ownership and timeshare are not the same.

Fractional ownership is different to timeshare although the idea of “sharing time” at a property is similar. The key difference between fractional ownership and timeshare is that when you purchase a fraction of a property, you own titled real estate. At Villa La Estancia, fractional ownership will entitle you to the deeds of your fraction of the Villa that you wish to buy; you are the owner of that percentage of the Villa, with the right to use all the facilities at the hotel covered by your maintenance fees.

Timeshare functions in a different way, depending on the membership, but in general, you do not own equity when you buy timeshare. You purchase points or units of time which give you the right to use a property at a timeshare resort. Fractional ownership, on the other hand, makes you the actual owner of your percentage. As such, your investment can appreciate in value over time as the property as a whole appreciates. Likewise, fractional owners can sell their individual fraction whenever they choose.

Fractional Ownership - Villa la Estancia Residences Riviera Nayarit

Another difference between fractional ownership and timeshare is that fractional ownership is just like a bricks and mortar investment that does not expire. Timeshare membership is usually for a set period of years like 25 or 30 years. Fractional ownership is for life and can be left in a will, donated or gifted as you wish (in accordance with federal inheritance laws and taxes, of course).

The advantages that both fractional ownership and timeshare share is the ease with which you can enjoy a second home in paradise without the responsibility or costly investment of full ownership. Fractional ownership allows you to enjoy all the advantages of owning your second home, without any of the hassle associated with being a homeowner in a foreign country. At Villa La Estancia, you pay for your fraction of the property and your share of maintenance fees and you can come and go as you please during your allocated yearly fraction.

Both timeshare and fractional ownership have their advantages, the key is to find what suits you and your vacation aspirations.

by VLEAdminRE,
FAQ

Where did the concept of fractional ownership originate?

FAQ: Where did the concept of fractional ownership originate?

The concept behind fractional ownership is not new or revolutionary, although the term “fractional ownership” is a fairly recent turn of phrase, dating from around the early 1990s. For centuries, friends, family members and business partners have been joining together to buy second homes and vacation properties, dividing costs and responsibilities. It makes sense to share the cost both of purchasing the property as well as its maintenance, especially when you won’t be visiting it every weekend.

The term “fractional ownership” first became popular with the advent of fractional ownership of private jets. Fractional ownership of yachts closely followed and then luxury vacation homes. When dealing with high-end luxury products with low usage, it makes sense to divide the costs. Why have a jet sitting idle, charging parking fees, when it can be used. The same works for properties, your second home needs to be cleaned and maintained whether or not you visit, and it is a well known fact that empty properties deteriorate far quicker than those full of life and laughter.

The other advantage of fractional ownership is that you actually own your fraction of the property, which can be sold or left in a will. You can also purchase more fractions to increase your usage potential and even work towards becoming a full owner. At Villa La Estancia Residences, we take this idea one step further, and offer you the chance to exchange your fractions toward payment of a full property at any point should you wish to upgrade from fractional to full ownership.

by VLEAdminRE,