Saturday, April 18, 2009

Fractional Real Estate Costa Rica: Pay for what you use


More and more people are opting to own a second or third home or vacation property fractionally, and to share usage of the property with other owners. These arrangements can involve a single home, or a large resort development, and can be organized by a small group of family or friends, an individual buyer or seller, a Realtor, or a developer.


Our firm works with developers, owners, investor and/or buyers in regards to fractional real estate. We assist those specifically in the U.S. and Costa Rica. Fractional ownership in destinations like Costa Rica is a wonderful way to own a property that you can enjoy for the time that you use it for. We find that many fractional buyers are from the U.S. and Canada. Specifically from states like CA, TX, FL and NY (see feeder markets graph).


Fractional ownership is an arrangement where a group of individuals or families co-own and share use of a vacation home or condo. Sometimes these arrangements are organized by the users themselves, but more frequently they are set up by a property owner or developer who outfits the property, creates the legal structure and documents, then offers the fractional interests for sale. Contrary to what you might think, groups of complete strangers who come together through these packaged offerings are generally much more successful at co-owning and managing the shared property than groups of friends or family members.
Statistics show that most people only use their vacation home 17-30 days each year. Shared ownership is appealing because it allows people to own only the share of a vacation home that they will use, rather than the entire property.


Call us to learn more about our services and see how fractional ownership in Costa Rica could benefit you. 727-687-3585 - Kenny Hayslett, Certified Fractional Expert.

Fractional Estate In "Lobster Beach" - Playa Langosta PRC



This new offering is a must see in Guanacaste! 1/8th share offered at $495K.





The estate comes with a full time staff and security guards and more. If you seek a luxury estate near Tamarindo then this is a great property. Costa Rica fractional real estate is the best way to "pay for what you use" if you do not live in the area full time.





According to the developer....Imagine a magnificent multi-million dollar 10,000 sq. foot ocean front home on Playa Langosta (Lobster Beach) in Costa Rica. Imagine an unparalleled sense of luxury and VIP personal treatment. Imagine a vacation home lifestyle reserved for only the privileged few. The Playa Langosta PRC provides owners with a peerless experience at one of the most beautiful and desired locations in the world...Guanacaste, Costa Rica. It combines virtually all of the benefits of whole ownership with the services and treatment of a fine hotel, with virtually none of the worry or hassle. It's all here in the Playa Langosta Private Residence Club and through Fractional Ownership, it's yours for a fraction of the cost.

Playa Langosta Private Residence Club is located just south of Tamarindo in the upscale area known as Playa Langosta (Lobster Beach).Tamarindo is easily accessible from Liberia Airport in the north or from San Jose Airport in the capital of San Jose. There are several flights daily from key locations in the United States to either airport and a commuter airline, Sansa, services Tamarindo with a number of flights each day.

Common Questions Regarding Fractiona Ownership and This Project:

What is Fractional Ownership? Fractional Ownership is the fastest growing segment in real estate in Costa Rica. Fractional Ownership is an alternative to a high priced second or vacation residence. Families purchase only as much of a multimillion dollar deeded residence as they can actually use, and pay a fraction of the cost.

What is a Private Residence Club? The Private Residence Club (PRC) designation is reserved for those elite properties in the Fractional Ownership segment of the real estate industry that deliver the highest degree of quality and service. The property must stand out as one of the most luxurious in the area and the personal services that are delivered must be beyond anything that could be expected, except in the most prestigious fine hotels.

What are the advantages of such ownership? Fractional ownership, in general, and the Private Residence Club, particularly, have been designed to provide more quality, convenience, services, and VIP treatment than a traditional vacation home. The Playa Langosta PRC provides owners with a peerless experience at one of the most beautiful and desired locations in the world...Guanacaste, Costa Rica. It combines virtually all of the benefits of whole ownership with the services and treatment of a fine hotel, with virtually none of the worry or hassle.

How often can owners use their vacation home at The Playa Langosta PRC? Virtually as often as you wish, subject to the project documents, policies, and procedures. All eight owners have guaranteed usage of one week every other month on a rotating basis. Some years that is six weeks of usage and other years it is seven weeks of usage. Over an eight-year period, owners have had usage of every week of the year. You can get additional usage through a Space Available program, too.

Contact us for more information about Costa Rica fractional real estate http://www.ownasliceofcostarica.com/





U.S. 727-687-3585 - Kenny Hayslett