Luxury hotel chains such as Ritz Carlton are offering Fractional Ownership, last year in Aspen Colorado more than half of real estate sales involved fractional deals, lately they have also been started in cities such as New York, San Francisco, Tuscan and Dubai.
2. How do you balance the return among those who buy the property purely as an investment and those who want to use it more personally?
Owners have at least one month of usage a year and it is up to each individual owner to choose how to use their weeks, whether for personal use or put it on the rental pool program with El Encanto and make money out of it.
3. Why invest in Playa del Carmen ?
The Riviera Maya is ranked in top 5 requested tourist destinations by vacationers worldwide, over the past three years the Riviera Maya has had hotel and condominium occupancy rates over 80% , the tourism increased 300% from 1998 to 2005 growing from 600,000 visitors to 2.4 million and continues to grow today.
Zoning restrictions are in place to maintain the environment and the original character of town. The Riviera Maya is rapidly developing into a 5 star destination: Starwood Resorts, Four Seasons, KOR Group, Grand Coral Group, Fairmont, Viceroy and Rosewood all have hotels and residential development completed or opening in 2008.
Cancun Airport has the best international airlift from the United States & Europe.
4. Appreciation and difference from time share:
These are not time-shares which are merely contracts specifying a right to use a property in certain weeks, Fractional Ownership is an actual deeded interest you can sell it, leave it in your will, put it in a trust, practically anything you could do with any normal deeded property, just like you would at home.
In time share the sponsor will mark up the property as much as 300% of its true market value, leaving no opportunity for appreciation Fractional instead it’s a good investment taking the fact that you are buying at preconstruction price meaning that you will gain at least 20% when we deliver your unit 100% finished, as well as 10% yearly witch is the normal appreciation of Real Estate in Riviera Maya market.
5. What is a fractional home ownership?
It is a perfect trade-off to get a beautiful high-quality property in a fantastic location with luxury amenities. Each owner enjoys the benefits and convenience of having access to the vacation home for a fraction of the year they choose, enjoying a carefree vacation lifestyle for the 10% of what they would have to pay to buy the property on their own.
Their investment and ownership is matched to the expected use and the cost is kept lower by paying only for the portion that is actually needed.
This is the perfect way to avoid the hassle associated with owning and maintaining a vacation home we offer a professional managed service provided by our condo management company Encanto Resorts
