What is Fractional Ownership?
Are you interested in owning a vacation home for you and your family? Are you tired of letting life pass you by without carving out enough quality time for yourself? While owning a vacation home can come with a hefty price tag and maintenance responsibilities, did you know that there are fractional ownership investments available where you can enjoy all the perks of a vacation home, without any of the hassles? Fractional ownership at Villa La Estancia is the shared ownership of a villa with partner owners who enjoy the use of their vacation home at different times of the year. Villa La Estancia residences in the fractional ownership program are divided into fractions of 1/4 (13 weeks) or 1/8 (6 weeks) each year. Read below to learn more about fractional ownership, and how Villa La Estancia could be the second dream home you’ve been searching for.
Is Villa La Estancia a Timeshare?
No, Villa La Estancia is an upscale real estate development and is not a timeshare unit development. Homeowners who buy a full or fractional unit at Villa La Estancia own titled real estate for their particular villa. As the property appreciates in value, each individually deeded fraction also appreciates in value. When and if an owner decides to, they are able to sell their fraction whenever they choose.
How Can I Schedule My Vacations At Villa La Estancia?
Are you concerned about buying into a fractional ownership property at Villa La Estancia because you fear you will not be able to schedule your vacations easily? This is an unwarranted fear as all Villa La Estancia owners will receive a usage schedule when they purchase real estate. The usage schedule is ideal in that it will enable owners to have the freedom to plan their vacations at Villa La Estancia years in advance if they choose to. That way, you will know exactly when you have access to your property so there are no delays or overlaps. Once you have scheduled your allocated time, you have the freedom to enjoy your property to yourself and make the most of your vacation in paradise.
Do Fractional Owners Have Exclusive Use of their Unit?
Fractional owners enjoy the same property rights as full owners during their allocated time. The property will be exclusively available for each fractional owner to use based on the terms of their purchase contract. At any time during your allotted time, you are able to arrive and enjoy the property. An added bonus of investing in a vacation home with a condo hotel like Villa La Estancia is that your unit will be in pristine condition when you arrive. The dedicated and professional Villa La Estancia house cleaning staff will have your unit clean and tidy when you arrive. In addition, fractional owners have the freedom to arrive to their property at any time during their scheduled vacation weeks. Some owners may decide to skip the weekdays and arrive to their vacation home for extended weekends, and will be thrilled to know they have this added freedom of use.
What Type of Person is Right for Fractional Ownership?
Are you wondering if you are the right person to invest in fractional ownership? This type of vacation real estate ownership is perfect for individuals who want to enjoy the same benefits of full ownership of a vacation home, but without the added cost of full ownership. Fractional ownership at Villa La Estancia comes with onsite management services which is ideal for those who want to have a stress free vacation home. In addition, Villa La Estancia properties are located in very exclusive and quiet communities. As a fractional owner, you may be able to purchase a property that is more luxurious than you could otherwise afford. Fractional ownership buyers appreciate owning an upscale vacation property, without having to deal with the financial burden and responsibilities that come with a standalone vacation home.
Can Guests Stay In Fractional Ownership Units?
Yes, guests can stay in fractional ownership units. At Villa La Estancia, family and friends can use your unit as you designate, and will have access to all the incredible amenities and services that owners enjoy. If for some reason you are unable to use your allotted vacation time, you can pass it on to friends and family as a special treat. All Villa La Estancia guests are required to respect the CC&Rs, Bylaws and Rules & Regulations.
Are you ready to invest in fractional ownership? Consider Villa La Estancia. With incredible properties in Puerto Vallarta and Cabo San Lucas, owning a piece of paradise in Mexico has never been easier and so luxurious.