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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,
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,
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,
Fractional Ownership-Villa La Estancia Residences main pool
FAQ

What is Fractional Ownership?

FAQ: What is Fractional Ownership?

Quick Answer: Fractional ownership refers to the shared titled ownership of property, which could be a villa, apartment, house, yacht etc with “partner” owners. Generally speaking, fractions can be divided into weeks, months or seasons. At Villa La Estancia Residences, however, Villas and Penthouses are available for fractional ownership for 1/8 (6 weeks) or 1/4 (13 weeks) intervals per year, for life. You own your fraction outright just like traditional real estate.

Fractional Ownership at Villa La Estancia Residences

Fractional Ownership-Villa La Estancia Residences main pool

Fractional ownership at Villa La Estancia Residences in Riviera Nayarit and Cabo San Lucas offers you exclusive deeded ownership for your share (fraction) of a villa or penthouse located on the premises of the Villa La Estancia property. Real estate villas available for fractional ownership include luxury Two and Three Bedroom Villa Suites as well as Penthouses, including access to all the five star services of Villa La Estancia Hotel, which offers restaurants, pools, a world class spa and more.

Villas in this fractional ownership program are divided into fractions of 1/8 (6 weeks) or 1/4 (13 weeks) per year for the rest of your life and can be bequeathed or sold just like any real estate property. The fractions are fully titled, meaning that your ownership rights are the same as if you had bought any property, only that you are responsible for your share only. That means that your fractional investment can appreciate just like any bricks and mortar purchase.

For more Frequently Asked Questions about Fractional Ownership, see click here. (http://www.villalaestanciaresidences.com/faq/)
by VLEAdminRE,
Fractional Vacation Ownership, Riviera Nayarit

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.

by VLEAdminRE,