Condo hotels are condominium units operated in a hotel setting that are sold to individual investors. These units may be used as vacation homes or placed in the rental pool to generate income.
Condo hotels typically charge owner-investors a hefty split of any rental income: 50% is common. This limits potential rental income when the unit […]
Tags: condo hotel
Private residence clubs offer shared ownership of a specific luxury vacation property that is typically located in a resort. Owners are allowed to place the unused portion of their time in a rental pool, which can generate some income. An additional benefit is that owners may rent available units to accommodate large numbers of guests […]
Tags: private residence club
As a member of a destination club, the buyer gains access to a portfolio of luxury vacation homes, often in a variety of resort locations. Access is generally for 30 days’ of vacation time per year, and each club has clear procedures for reserving times and locations.
Destination club membership works like the familiar country club […]
Tags: destination club · fractional ownership models
Timeshares offer the buyer the opportunity to purchase time at fully furnished vacation accommodations in weekly increments. The owner is then entitled to vacation at the timeshare location for the specified amount of time each year. Timeshare properties are typically located in a condominium or hotel setting.
Some timeshare plans offer owners the opportunity to exchange […]
Tags: timeshare
If you’re looking for a shared ownership vacation home, you’re probably already alert to the primary benefit - reduced cost! Since vacation homes are, on average, used only 3-4 weeks per year, it is more cost-effective to share the ownership of a second home with a small group of owners. The benefit is that you […]
Tags: fractional ownership models · shared ownership
The National Association of Realtors reported on April 2 that sales of vacation homes in 2007 fell 30.6% from 2006, to 740,000 units. Sales of primary residences fell 10% to 4.34 million units; and sales of investment properties fell 18.1% to 1.35 million units in 2007.
This large drop in vacation home sales is in strong […]
Tags: environment · luxury fractional market
Hello - Welcome to my Florida Fractional Ownership blog!
It’s all about fractional ownership of luxury vacation homes in Florida. Where they are - what’s fractional ownership? - what are my choices? - and many more issues of interest to the discriminating luxury vacation home buyer who wants to get the most for his money.
Tags: welcome