LFG Fractional Ownership News Blog

An article on ForeverYoungNews.com called “Livin’ the Good Life” is written from a fractional owner’s perspective. The author has been an owner at the Cottages at Point Stanton for 6 years. It gives a good overview of fractionals and a comprehensive list of current Canadian fractional opportunities.

A new Australian fractional project has exceeded $106 million (AUS) in pre-sales in just four months. Firstlight Noosa is located in Noosa on the east coast of Australia, north of Brisbane in Queensland. It is the first beachfront development in Noosa in over a decade. Local papers describe a “frenzy” of interest in the project, despite the fact that the fractional ownership concept is still quite new in Australia.

Due for completion in 2012, Firstlight Noosa will occupy 100 metres of prime beachfront and feature 20 private residences with around-the-clock boutique hotel amenities and services. Three-bedroom residences are currently priced at $1.8 million (AUS), 4-bedrooms at $2.3 million (AUS), and whole ownership units are priced at $12 million (AUS). For more information, visit FirstlightNoosa.com.

The Élan Collection, a collection of luxury fractional private residences, is commencing priority sales reservations for shared ownership opportunities in a contemporary 4,412 square-foot urban penthouse in downtown San Diego.

Envisioned as a modern pied-à-terre, the Harbor View West penthouse occupies the entire 37th floor of the Harbor Club’s elegant West tower, offering 360-degree wrap-around ocean views. Harbor View West features three bedrooms with en suite baths, a den with adjoining terrace, two offices and a master suite with a terrace for enjoying harbor sunsets. The penthouse was designed for cosmopolitan entertaining: a dramatic circular glass space combines the living room, large dining area and full wet bar. High-tech touches include a Lutron lighting system, motorized blinds, built-in sound system, whole house water filtration, whole house vacuum, as well as individual room controls for heat, air, sound and blinds—which all operate with the touch of a button. Read the rest of this entry »

The Predator Ridge golf and spa resort in Vernon, BC, Canada, has announced the start of sales on “The Tips”, 1/12 fractional townhouses. The 2-bedroom homes overlook the golf course and ownership includes full golf membership privileges and the use of a private golf cart. Vernon is located about 5-1/2 hours east of Vancouver in BC’s Okanagan Valley, famous for its mild climate and vineyards. Pricing starts at $58,900 (CAD). Visit the Predator Ridge website for more information.

We just posted a new Spotlight on Luxury Investment Properties, offering a 5-night stay for only $499 at one of their gorgeous properties in Italy, Spain, France or the Caymans: http://tinyurl.com/27y2uae

The former Vail Plaza Hotel in Vail, Colorado, has been renamed The Sebastian - A Timbers Resorts Hotel & Residence Club, and it will be operated and managed by Timbers Resorts. Enhancements are being made to the property and it will make its official debut in December 2010. The Private Residence Club will be comprised of 38 residences with two different offerings. A four-week membership will start at $310,000 and a Founder’s Club eight-week offering will start at $580,000. Both offerings will include membership in Timbers Collection, which is comprised of a host of perks and privileges from travel partners to reciprocity among resorts in the Timbers Resorts portfolio. For more information, visit TimbersResorts.com.