LFG Fractional Ownership News Blog

On January 15th, the Four Seasons Residence Club in Punta Mita, Mexico unveiled 15 new available fractional homes. The homes are being offered in 1/12th shares with pricing starting in the low $200,000’s.

Located on the northern tip of Banderas Bay, owners will enjoy all of the features and amenities that one would expect from the Four Seasons. The residences include a host of designer finishes and luxury appointments, and the Residence Club features a Jack Nicklaus Signature golf course, spa and fitness center, Kids for all Seasons program and much more.

Click here to read the full press release, or visit the Four Seasons Residence Club, Punta Mita website.

 Browse other fractional homes and resorts in Mexico and Latin America.

Elizabeth Gehrman has written an interesting and education article for The Boston Globe on the growing trend of Fractional Ownership. The article discusses the differences between timeshares and fractionals, different types of usage plans and outlines typical fractional resort amenities. Mentioned in the article are two existing fractional resorts:  the new Newstead Belmont Hills in Bermuda and the Cape Codder Residence Club in Hyannis, Massachusetts. 

Read the full text of the article in the Boston Globe.

View more Fractional Resorts and Residence Clubs.

A recent Forbes article highlights some positive economic numbers, while also listing many ways to expand your purchasing power and “live the good life for less”.  Amid the money-saving shopping suggestions, relaxing alternatives to expensive trips to the spa, and online sources of in-demand products, fractional ownership is mentioned. After comparing the cost of vacationing to owning your own fractional property in a Private Residence Club, the article states that in the long run, Fractional Ownership is cheaper than renting. In addition, there is an implied profit in a long-term fractional investment.

Follow this link to read the complete Forbes.com article, How to Live the Good Life on Less.  If you’re interested in learning more about Private Residence Clubs, view a sampling of some of them from Luxury Fractional Guide’s directory of Fractional Resorts and Residence Clubs.

A new independent consumer publication, Owners Perspective, was launched earlier this month. Written for potential and existing owners of fractional properties, destination clubs and private residence clubs, as well as vacationers of all types, the magazine promises to enhance your ownership experience. Useful links, exclusive interviews, service and product reviews, and special travel deals fill the magazine and the online viewable version. To read more, or subscribe for free, click here.

A recent New York Times article called “Ways to Share, and Save” covers timeshares and fractional ownership and when they make sense compared to renting or whole ownership of a vacation home. They interview the authors of several books including Bridget McCrea, co-author of “Second Homes for Dummies” and Lisa Ann Schreier, author of “Timeshare Vacations for Dummies”. Also quoted is shared ownership legal expert Andy Sirkin, who Luxury Fractional Guide founder, Sherman Potvin, often turns to for legal advice on fractional projects. Andy is an expert on the shared ownership legal requirements for each U.S. state and specializes in overseas real estate issues as well.

by Sherman Potvin

Participating in an Inspection Tour or Discovery Visit at a fractional resort allows you to “try it on” and make sure that the property is the right fit for you and your family. You will have the opportunity to experience firsthand exactly what you might expect as an owner. This is your chance to ask all the right questions, make note of the answers and come to an informed decision.

Below are the 13 essential questions that you should ask during your visit. The answers to these questions should be the foundation for any decision you may make. Read the rest of this entry »