Thursday, March 26, 2009

Jaco Blu is turning heads for Costa Rica fractional real estate

FRACTIONAL OWNERSHIP AT JACO BLÙ

Big dreams and vision come to Jaco Beach via "Jaco Blu". Fractional ownership in Costa Rica is alive and well. This bold project will offer luxury living at a "fraction" of the cost.

According to the Jaco Blu website:

Why buy 100 percent of something you will only use a few times a year? With a Fractional Share, or a large share of co-ownership� you buy only that portion of the property that you will actually use. You own your vacation property, enjoy more space, luxuries, amenities, services, and usage time, without property management, or maintenance hassles. This is true equity ownership in a valuable real estate asset. Also, for well conceived, and located fractional properties, in desirable destination spots, there is significant rental income generation capability, and appreciation present. There can also be tax benefits. Timeshares are similar, but they typically are for only 1-2 weeks of vacation time each year, and timeshare ownership does not have the same benefits, as large share co-ownership of a vacation property. With vacation costs rising worldwide each year, you can own your vacations, just like you own your house, lock out inflation, and avoid rental rate increases.

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