1/10th Fractional Deeds (5 weeks annual use) from $ 59,000 to $ 69,000 for 3 bedroom, luxury condos (depends on views) and $129,000 for a luxury Penthouse all for 1/10th of the outright purchase price. This development in Manuel Antonio, on Costa Rica’s Central Pacific coast, is offering luxurious ocean view condos in a private, vacation-resort community at a fraction of the price and expenses of an outright purchase.
WHAT IS FRACTIONAL OWNERSHIP?:
The short answer is simply this… you can purchase 1/10th of a luxury, resort, vacation condo or villa in a world class location for 1/10th of the purchase price. For example, you can purchase the use of a $ 1,290,000 luxury, ocean view penthouse condo for 5 weeks a year for only $129,000. The validity of this concept lies in the simple fact that the vast majority of people don’t use their vacation home but 2 or 3 times a year, so why purchase more than you need?
THE PERKS OF FRACTIONAL OWNERSHIP:
You can now afford to own a luxury, ocean view, resort style, vacation condo in a world class resort in an enchanting vacation location for HALF of what you would spend on an outright purchase of a meager beach condo.
Usage dates are flexible and you can swap dates and units with other fractional owners in 30 locations around the world with the alliance luxury exchange program.
Your ownership is fully deeded and titled and can be sold or transferred any time just like any other piece of real estate.
Your investment will increase in value just like any other real estate investment.