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Luxury Fractional Ownership for Vacations

By: John Carol

If you are sick of living out of the suitcase and hopping from one hotel to another during your vacation, there is another option you can explore that will provide you with a home away from home. This option is of luxury fractional ownership of a vacation home in a location of your choice. You can own this home without worrying about its maintenance. And, all you pay for it is just a fraction of the full price because you pay for owning your second home for only the weeks that you will stay there. It is an ideal arrangement for busy professionals and discerning families who are looking for a better way to spend their vacation time than be restricted to hotel rooms.



If you want to learn more about this type of vacation property, visit the Sherpa Report at http://www.sherpareport.com/prc.



Fractional ownership offers not only real estate in prime locations but also the high-class amenities you would love, such as a chef's kitchens with granite countertops and high end appliances, bathrooms that resemble spas, and large roomy closets. Moreover, fractional ownership offers the services of housekeeping and all the benefits of a first-class hotel, including a concierge. Some of them even offer ski passes, golf club memberships, and even storage space for your stuff between visits. You can choose to own an apartment or a condominium, a townhouse or a detached home of 2 to 4 bedrooms. Visit this link for more information: http://www.sherpareport.com/prc/prc-overview.html.



Ownership works like this: owners purchase a deeded (1/4 to 1/13) share in a residence, which allows them a particular number of weeks per year at the property. For instance a quarter share would be 13 weeks and a 1/8 share would be about 6 weeks. Because you only pay for the time you use, this type of ownership is a much easier and less expensive way to enjoy prime locations, such as Vail, Colorado or Pinehurst, N.C. Prices range from $40,000 to over $1 million - it all depends on the location, number of weeks, number of bedrooms, and level of luxury. This includes use of all the amenities.



More fractional home ownership information can be found at http://www.sherpareport.com/prc/reasons-prc.html.



The really high end fractionals may also be referred to as a private residence clubs or luxury residence clubs. But how does this type of property differ from a timeshare? They are quite different, actually. A residence club offers deeded property that provides the same rights you receive with any type of real estate purchase; the property has more opportunity to appreciate; you can spend longer amounts of time on the property; and you can enjoy a luxury level of furnishings, services, and amenities. Fractional real estate does cost quite a bit more than a regular timeshare, but you get so much more for the price. Visit this link for more detailed information http://www.sherpareport.com/prc/fractionals-cf-timeshares.html



At the same time, it's much less expensive than owning a whole luxury home on your own in one location. You may want to consider getting into fractional home ownership yourself.

Article Source: Free Content Articles Directory

John Carol is a private residence club owner, who has recently decided to share his many years of experience. Click to visit his fractional ownership web site.

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