The warm and friendly staff are very knowledgeable and exceedingly helpful. Most are choice, million dollar plus beach properties, offered as 13 affordable interval shares. Spa services Your email address will not be published. SHIPS WATCH is an Oceanfront to Sound front resort community in the heart of Duck. As each year . THE MANAGEMENT. Lisa Mennet, Washington D.C. Kathryn We had a fabulous time at the villa in Naples. 8 weeks guaranteed (4 in prime season and 4 20 Earl of Craven Court is a stunning Fractional property located on the beautiful Bald Head Island, North Carolina. There was a problem trying to sign you up. Your desired dates of travel do not need to match or be within the same year. A short car drive away from Denver, youll plenty of timber and pine trees along the trails while hiking or skiing during winters on their six mountain peaks. It is extremely practical and progressive, with flexible usage, typically providing the . SHIPS WATCH is an Oceanfront to Sound front resort community in the heart of Duck. Fairmont Heritage Place is the perfect combination of privacy and comfort with hotel services. The Outer Banks Association of REALTORS reserves the right to terminate your access to this information at any time. Sales Email Please keep in mind, however, that even after the ten (10) day rescission period, you can always terminate your relationship with us by simply notifying us in writing as set forth more fully in the agreement. The monthly fee is all-inclusive. Bob H. & Susan S., Minneapolis, MN, Owners of Rue de lUniversite, Paris, France The wonderful thing about La Percha is the consistency; everyone remembers us, makes us feel welcome and truly seems happy to have us there. Carolina Beach partial ownership or Kure can be a great solution. Together we will explore what you are looking for in your fractional home your dream destinations, budget, costs, and service expectations and help you find the perfect property for you to choose as your vacation home. Fractional ownership appeals to and attracts a diverse cross-section of people. Get started on your dream home search today! Most fractionals have an established exchange program, portfolio or partnership whereby owners may vacation at other properties and destinations. $111,000 per LLC unit - Fractional Home LLC Surround yourself with the pleasures of paradise in Cabo San Lucas. Owners of Rue de lUniversite, Paris, France. Elite doesnt charge commissions on the rent we generate for our fractional owners we pass it all through to you. With a timeshare, youare dividingthe time at your home with up to 52 owners, and the purchase price you pay has been inflated so aggressively it is difficult, if not impossible, to recover your initial investment. Darlene G., Montreal, Canada. 2 Beds. Elite always keeps you informed of all the aspects of ownership including timely financial statements. Heres a list of the best luxury homes on the market. Wrightsville Beach Fractional ownership is an amazing "trick" to get a 2nd home or vacation oceanfront home for sale in your preferred Wilmington NC area beach. This villa is on the border of France and Spain. Plenty of space for the whole family, very comfortable and there was so much light all throughout the apartment. The home is professionally managed and maintained by Elite and its Paris affiliate. The villa is very well appointed, and the location was incredible with the ocean on one side and Taylor Bay on the other. The entire tempo is changed. The Ships Watch community operates through an elected Board of Directors of owners, who approve and manage an annual budget for regular operations and maintenance of the resort. To maintain and preserve standards, the appropriate use and proper care of facilities are set forth in established governing documents and covenants for both the individual homes and common areas of the community. Fractional Ownership Fractional Ownership Prices Range from $31,000 to $79,000 Available Units Available Units at Marsh Harbour Inn See what units are available for Fractional Ownership. Our goal is to give you the most comprehensive list of properties available. It was a wonderful stay and I am looking forward to many more trips to the Turks. Welcome to the TYDWAY. Elite generally recommends that owners maintain their stake in an Elite Destination Home for at least seven to ten years. Timeshares are typically priced at 3-10 times the actual value of the underlying real estate, forcing users to pay a premium for less-than-premium properties. Unlike timeshares, which grant as many as 52 parties the right to use a given property for a week annually, Elite owners limited to six per property actually own the home itself and get use of the home for longer time periods. This gorgeous quality built 4 bdrm. The first fractional developments recognized that people did not want to buy whole homes, which they would only use for a few weeks a year. All the Elite Destination Homes are of such high quality they take your breath away, and the Concierge reception makes traveling to a new place a wonderful experience.and so easy to arrange, since Elite does all the work! With, As North Carolinas southernmost cape, Bald Head Island is a beach retreat unlike any other. Your email address will not be published. And when youre not able to enjoy it yourself, Elite rents all unused time to generate rental income for you. For a family-friendly getaway, you can visit their Rosemary Beach 5 bedroom fractional on Floridas Emerald Coast. The Elite Model enables buyers and those they love to own an extraordinary vacation home in their dream destination a place to build equity and memories alike. There are lots of fractionals that not only allow you to invest in and enjoy the ocean, but also own a part of and stay at different properties located around the State. The Montage Residences Kapalua Bay in Kauai, Hawaii, have some of the best views and amenities of any resort on the island. Scheduling of activities (tee-times, boat rides, museum passes, theater tickets, scuba lessons, etc.) Thompsonville, MI 49683 THE OUTER BANKS ASSOCIATION OF REALTORS AND Great Escapes Realty DOES NOT GUARANTEE THE ACCURACY OF THIS MLS IDX INFORMATION DISPLAYED ON THESE WEBSITE PAGES. Whether you're looking for a picturesque waterfront home or a luxury pad up in the mountains, investing in a fractionally owned house is the most cost-effective option. Fractional ownership is a new, exciting, intelligent second home ownership alternative. Riegelwood. Welcome to the DORRELL. Weeks are not assigned in Elite homes. Fractional ownership is a new, exciting, intelligent second home ownership alternative. Are Big Homes a Bygone Era, or an Investment Opportunity? We will provide specific financial information for any Elite Destination Home you may be interested in. Clients who do not want the day-to-day burdens and heavy costs of whole, outright vacation home ownership but who are looking for a property and usage program that is substantially greater than what is typically found with a traditional timeshare find fractional ownership to be ideal. Member rates are 10% lower, on average, for select resort residences. Its important to read all the details in the property list before you sign any contracts. Real estate listings include the name of the brokerage firms and listing agents. SOLD FEB 9, 2023. THE OUTER BANKS ASSOCIATION OF REALTORS AND Great Escapes Realty CAN NOT BE HELD LIABLE FOR ANY DAMAGES OF ANY KIND RESULTING FROM THE INACCURACY OF THE MLS IDX INFORMATION. Whether youre looking for a picturesque waterfront home or a luxury pad up in the mountains, investing in a fractionally owned house is the most cost-effective option. It is truly a paradise. John Buckner California, Our family surprised my wife with a week stay at Elites Las Maanitas Penthouse in Cabo for her 50th birthday. Please call Ginger Dunn 910 540 7--- Wendy Wilmot Properties. In addition to beachfront residences, you can enjoy properties by golf courses, mountain retreats, and more. Owners make reservation requests via phone or online through their designated owner assistant or reservation agent. Last year, the price at auction Progresso reached 1,500,000 USD! Search Fractional Ownership homes for sale in South Carolina on the beach! Kauai, HI Penthouse @ $76,000 per unit. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Terrific NYC location, close to Lincoln Center, TKTS, Central Park and museums! 3 Bedrooms | 3.5 Bathrooms | Sleeps 6. For over 30 years, the Harbour Town Yacht Club has been the preferred Hilton Head destination, Maximize your time spent on Hilton Head Island with a quarter share. This home boasts views over, Own a destination club home in the Esperanza Resort with magnificent views of the Sea of Cortez with large balconies. We are at home so the rush to get out evaporates. I think it is very important to let people know their work is appreciated and send out a thank you now and then for the good stuff as well. Unlike timeshares, fractional ownership conveys a deeded interest in a resort property that can be sold, financed, willed, and used for longer periods of time, just like in traditional real estate ownership. Offering the chance to enjoy the benefits of a premier community Share #10. With 5-star service, 5-star amenities, and a 5-star location Montage fractional ownership, The Sea of Cortez is an underwater world with coral reefs, canyons, and old shipwrecks to explore by snorkeling or scuba diving. Luckily, when you invest in a fractional equity fund or resort, you wont have to decide between building a lakefront or a beach property. Its important to note that Elite Destination Homes are primarily intended for the enjoyment of their owners, friends and families. Fractional Ownership Homes. Resort fractional ownership allows you to own, along with other fractional owners, a certain amount of time in the same house each year. Fractional ownership is a deeded real estate arrangement wherein each fractional owner buys a stake in the property. Dreaming of owning an oceanfront vacation home at an affordable price? Kathryn and Crew, The villa in the Turks & Caicos was fantastic. Through an initial conversation, usually over the phone, the Elite team will get to know your goals, tastes, expectations and needs and those of your family, too. All fractional owners share time in the residence as well as its ongoing costs and expenses. At this point, we at Elite know you and your expectations thoroughly and will invite you to visit potential properties. Many fractionals also manage the usage program, day-to-day operations, maintenance, administration and accounting for their property or properties. Timbers operates several beach resorts in Hawaii. By creating this email alert, you agree to our Legal Notice and our Privacy Policy. You can unsubscribe at any time. Contact your real estate broker or sales person for the most up to date information regarding these listings. Featured Listing: Ocean Front Fractional Ownership. They are typically well-educated and financially secure. No question goes unanswered. Elite hires, trains and oversees the best onsite Property Managers which provide the following services: Property care, improvements, troubleshooting andmaintenance Nothing beats the combo of beaches and condos! Nearby Recently Sold Homes. Some existing fractional owners will provide owner financing. Fractional throughout. Pre-Sale Studio and 1 Bedroom Orlando Condo Hotel, Castello di Casole in Italy: Fractional Penthouse Re-Sale Available, Harbour Town Yacht Club Hilton Head, South Carolina, Hilton Head Quarter Shares Hilton Head, South Carolina, Cabo San Lucas, Mexico The Cape Residences, Hammocks on Bald Head Island in North Carolina, Ocean Terrace Condos Anguilla, Caribbean, Catalonia on the Sea Villa, $59,900 Cerbere, France, Beach House at Lake Street Holland, Michigan, Los Cabos, Mexico Solaz New Construction Home. The main differences between timeshare and fractional ownership are: Timeshares grant as many as 52 parties the right to use a given property for a week annually. Owners of Villa La Percha, Turks & Caicos, Caribbean. That being said, our properties are magnificent and in outstanding locations, both of which favor value appreciation in the long term. Paying separately? Looking for individualized beach homes with the amenities of hotel management? 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