What is the Difference Between a Condo and a Condo-Hotel?

As with so many fusion concepts today the mash-up of Condo and Hotel that the real-estate industry has begun to see has inspired a new, fusion word: condo-hotel. This might seem like a silly word, but it’s one to get a grasp of if you’re planning on buying a condo in a resort location. When it comes to second homes, vacation homes, and rental investments in the sun high-rise condos are a staple due to the low-maintenance, high quality living that they offer. The condo-hotel has created a new facet to this experience;

What is a condo-hotel?

In order to understand the value of a condo-hotel we need to understand how it differs from the usual condo; these are, essentially, condo’s which are managed by luxury hotels. The units are individually owned, but are altogether branded with the hotels name, whereas the usual condominium building lacks this branding and marketing. The benefits of these differences are quite noticeable; the hotel works as a property manager of sorts for the building and will schedule stays, deal with building maintenance, and keep things ticking over in your absence. Furthermore condo-hotel tend to get access to the hotel facilities and amenities like gyms, pools, room service, and spas. Some of these are perks which condominium buildings might have, but it is unlikely the same calibre of equipment and service will be found outside of a Condotel.

Advantages of a condo-hotel Over Traditional Condo Ownership

The aforementioned extras and perks obviously stand as one reason why condo-hotel have become so popular in recent years, but there are other benefits which set them apart from the average condo purchase. Firstly, the stress of building maintenance is taken on by the hotel company so you don’t have to worry about that! Secondly, the furnishings and décor are taken care of, too. This could be a downside, however, if you like to make your mark. Thirdly, should you wish to make some money from your investment with vacation lets the hotel will generally oversee this process for you, thereby making it a much less risky and stressful activity for you.

In fact, the main advantage that a condo-hotel offers over a traditional condo is just that; less stress, more perks, and the ability to get your dream vacations year on year without all the hassle that comes with a second home.

Tax Advantages of condo-hotels

If you don’t use your condo-hotel as a primary residence you may experience tax benefits. An accountant will be able to more specifically tell you what the benefits of this are when applied to your specific financial and tax situations, but an obvious upfront benefit is a reduction in your tax bill in the years when it is used.

Now that you know a bit more about Condos and condo-hotel you can begin to think about which will work for you in the long-run.

Ref.:ArticleMonster.com

Advantages For Snowbirds of Property Ownership

Escaping the hard winters of colder climates in favor of sunshine and warmth elsewhere is a choice we’d all like to be able to make, and for some it’s a reality. Those who are retired, facing retirement, those who work from home, and those who have flexible business schedules often choose this path. And why wouldn’t you? The sunshine, warmth, sand, and sea are great accompaniments to winter living, and in Mexico you are guaranteed all four!

Advantages for Snowbirds of Property Ownership

The benefits of being a snowbird in Mexico are pretty obvious, but have you considered the benefits of property ownership? Let’s consider the advantages of property ownership now…

Peace of mind

Snowbirds can spend huge amounts of time each year looking for a suitable property to rent, but if you own your own property you not only know what you’ll be getting and where you’ll be going, but you’ll have no issue with arrival and departure dates. It’s all in your hands. All you have to do is arrive!

Savings and investments

The money you spend on rent as a permanent or long-term snowbird can be quite something, but if you were to instead invest this in a purchase you might even get some money back by renting out your property when you’re not using it. Otherwise, you could just be pouring money away on rent rather than investing in property ownership that is for life.

Guaranteed Quality

You know that when you get there everything will be just the way you like it to be. Property ownership means choosing the place that is perfect for you and spending time making it your escape in paradise whenever you want.

Property ownership doesn’t have to be a burden

There are many places like Villa La Estancia Residences which offer fractional as well as full deeded ownership to those who want an investment with no ties. Property ownership in a gated resort community means all the benefits with less responsibility!

Build Up to Full Ownership with Fractions

If you start as a fractional snowbird owner you can very often build up your owned fractions over time until you own the full property. This is a steady and manageable way to buy real estate in Mexico.

If you want more information about owning fully deeded and fractional properties browse our website and contact us in Riviera Nayarit and Cabo San Lucas.

Villa la Estancia Residences - Luxury Beach Real Estate

Villa La Estancia Residences for Luxury Beach Real Estate

For luxury beach real estate in Mexico, look no more! Villa La Estancia Residences is sure to fulfil your dreams of a second home in paradise or a permanent relocation in search of the good life. Life on the beach in Mexico doesn’t get more luxurious nor more affordable than at Villa La Estancia in Nuevo Vallarta on the Riviera Nayarit, with options for full and fractional real estate at a 4 Diamond hotel complex on the beach.

Don’t believe us? Take a look at the reasons below why choosing luxury beach real estate in Mexico is one decision you will not regret.

Location! Location! Location!

Nuevo Vallarta, and Riviera Nayarit in general, is among Mexico’s top beach resort destinations, being a particularly convenient choice for home seekers living in Canada and the United States because of the short and affordable flights. Only a very quick drive from Puerto Vallarta’s international airport, getting to and from your vacation home is easy for you and an attractive incentive for visitors and renters alike to come and visit.

Sunny days are before you

If there is one thing that you can say about Villa La Estancia luxury beach real estate, is that the sun will shine on you more than 300 days a year. Banderas Bay, which includes the tourist destinations of Nuevo Vallarta (Riviera Nayarit), Puerto Vallarta and Punta Mita claims hot sunny weather for more than 80% of the year. Say goodbye to your socks and sweaters, say hello to flip-flops and sun hats.

Villa la Estancia Residences - Luxury Beach Real Estate

Choosing from the Best

Villa La Estancia luxury beach real estate provides you with so much choice in terms of exclusive properties located within a 4 Diamond 5 Star hotel complex. You can choose from two and three bedroom residences and luxury penthouses as well as opt for fractional purchases with a choice of 1/4 (12 weeks) or 1/8 (6 weeks) fractions. You could also begin by investing in a fraction and later use the equity towards full ownership with developer financing also available for a limited time only.

Luxury Living in an Exclusive Community

When you purchase Villa la Estancia luxury beach real estate, your property will be located within the grounds of a 5 star hotel that offers all the luxury facilities you would expect of a world class resort. You will have use of the swimming pools, loungers, access to the beach, spa, gym and restaurants etc. You will live the life of a guest at one of Nuevo Vallarta’s top hotels yet be treated to all the benefits of an owner.

The Friendliest place to live in Mexico

Making Riviera Nayarit your home, whether for only a few months each year or as a permanent residence, you will notice that this is one of the most friendly places you will find. Not only is it part of Mexico’s hospitable nature that you will be met with the friendliest locals, but you will also find a host of expats ready to invite you to a golf tournament, fishing excursion, salsa class or book club. Making a new life in Mexico, doesn’t mean you have to leave you favorite hobbies behind.

If luxury beach real estate sounds like the kind of properties you are looking for, why not explore this website further to find out how Villa La Estancia can make your dreams come true or contact us directly.

Real Estate in Mexico: Riviera Nayarit

Real Estate in Mexico is a popular dream for many people from the United States and Canada, especially among those who wish to make their retirement in the sun. Riviera Nayarit on the Pacific Coast of Mexico is certainly one of the hot new destinations for real estate in Mexico, with a host of luxury properties for full and fractional ownership to tempt even the most discerning of real estate investors and second home buyers.

Riviera Nayarit Real Estate in Mexico

Riviera Nayarit is the stretch of coast that draws north from Puerto Vallarta’s airport on the Pacific Coast of Mexico, on Banderas Bay. From Nuevo Vallarta to Punta Mita, and further north towards Sayulita and San Pancho, Riviera Nayarit is a chic real estate opportunity for investors with taste and a penchant for the good like in the sun.

Riviera Nayarit real estate benefits from an eternal summer climate, with sunshine guaranteed more than 300 days a year. The beaches in Riviera Nayarit are also among the most soft and sandy in the area with safe areas for swimming in the sea and the chance of catching sight of a turtle or two coming to lay its eggs. The vacation infrastructure in Riviera Nayarit, especially in Nuevo Vallarta and Punta Mita, offer a range of restaurants and stores within a clean tranquil environment that is suited to second home purchases and vacation ownership.

Real Estate in Mexico doesn’t get much better than Riviera Nayarit; and at Villa La Estancia Residences you can find affordable real estate opportunities from $165,000.00, enjoying all the wonderful facilities and privileges of a 4 Diamond – 5 Star hotel on the beach. Luxury real estate in Mexico can be a viable option for many visitors, especially if you consider the option of fractional real estate ownership. Villa La Estancia Residences offers the chance for both full and fractional real estate for luxury second homes and those looking to retire permanently in Mexico.

Real estate in Mexico can become a reality in Riviera Nayarit when purchasing property at Villa La Estancia Residences.

Fractional Vacation Ownership at Villa La Estancia Residences Riviera Nayarit

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.

Fractional Retirement Living in Riviera Nayarit

Retirement can be both a daunting and an exhilarating time of life. It is easy to see retirement as the beginning of the end as well as that time in your life when you can finally do all those things you never dreamed possible. According to popular psychology, the key to happy and healthy retirement is to exchange the challenges of your day job for other fulfilling adventures, of which travel and leisure activities will surely play a key role. That is perhaps why fractional retirement living in Riviera Nayarit, Mexico is so popular among retirees in the United States and Canada, particularly during the winter months.

What do you need to know about fractional retirement living in Riviera Nayarit?

Fractional retirement living in Riviera Nayarit is an accessible choice for those facing retirement as well as those who have already started to enjoy the freedom that retirement brings. The beauty of a fractional purchase in Riviera Nayarit is that you don’t have to undertake the responsibility of full second home ownership in a foreign country yet you enjoy all the benefits! You will also find that Riviera Nayarit offers many advantages for retired expats living in Mexico.

Fractional Retirement Living in Riviera Nayarit-Golf Course

Riviera Nayarit

One of the main reasons why fractional retirement living in Riviera Nayarit is such a popular choice for visitors from the USA and Canada is its location. Firstly, international flights to the area are plentiful, leaving from a number of major cities in both Canada and the USA, including budget airlines and charters. Secondly, the pristine beaches that line the coast from Puerto Vallarta’s international airport, passing Nuevo Vallarta until Punta Mita are among the best that Mexico offers. Plus, you can enjoy the sight of the Sierra Madre Mountains that envelop Banderas Bay like a tropical embrace.

Another reason that Riviera Nayarit is such a great choice for fractional retirement is the infrastructure and quality of real estate that you will find in this particular area of Banderas Bay. Many of the most attractive properties in Nuevo Vallarta and in the Punta Mita area are located within luxury gated communities that offer the utmost security and exclusivity. You will also find elegant and convenient real estate options like Villa La Estancia Residences, which provide all the excellent services of a five star hotel.

Fractional Property Ownership in Mexico

Fractional ownership in Mexico is often confused with timeshare and vacation clubs; however there are a number of differences that make fractional ownership particularly attractive for retirees. Fractional ownership is generally for longer periods of time, such as 1/8 or 1/4 of the year (6 weeks and 13 weeks respectively). This is particularly convenient for retirement living as you have the freedom to enjoy your second home for longer periods yet are not responsible for its maintenance and upkeep outside of your allocated fraction. The other great advantage of fractional ownership is that your purchase is deeded, meaning that it is yours to sell or bequeath just like any real estate property, giving you greater security for your investment. Highly reputable companies such as Villa La Estancia Residences will also allow you to upgrade your fraction to full ownership at anytime, taking 100% of your existing investment as credit towards your new full purchase.

For more information about fractional retirement living in Riviera Nayarit, go to http://www.villalaestanciaresidences.com/ownership/ or call 1 866 843 7005.