turks and caicos islands
| specializing in fractional vacation home ownership | ||
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coolenuf real estate
ltd. turks and caicos islands |
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| ☺Home ☺ Contact us ☺ About Turks & Caicos ☺ About us |
| Fractional Ownership vacation home ownership made simple and at a fraction of the cost |
Available Properties |
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If you want to own an impressive second home complete with
personalized services and located in an expensive resort area but can’t
quite justify the expense because you’ll only be using it a few weeks or
months of the year, this type of real estate arrangement may appeal to
you. |
Twin
Terrace Penthouse located at the Somerset - Fractions starting at 475k more info |
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Like Real
Estate Investment Trusts (REITs), fractional ownerships offer investors
the opportunity to own an asset that they may otherwise never be able to
afford. With fractional ownership, however, not only are you able to
invest in a high-quality asset but you can actually enjoy that asset
while you own it ?something that’s difficult to do if you’re part of a
REIT that invests in office buildings. |
Somerset Penthouse "Margold" Fractions starting at 150k more info |
| One advantage that many fractional owners believe they have over second
homeowners is that, instead of paying for a |
Somerset Penthouse
"Icelebrate" Fractions starting at 150k more info |
Research shows that the typical household uses their wholly owned vacation home no more than four to five weeks a year. The rest of that time it sits idle, accumulating maintenance costs, taxes and repair fees. Most fractional owners are allotted anywhere from two to 13 weeks a year, depending upon the number of owners. |
Seven Stars 2 bedroom lockout Fractions starting at 110k more info |
Part of the appeal of fractionals is that they are completely hassle free. In addition to having a staff for personalized service at your disposal, you never have to worry about repairs, maintenance or housekeeping. Everything is included in the price and annual fees and taken care of by the professional management company. |
Somerset "Estate Villa" Fractions starting at 275k more info |
To date there have been very few fractional resort developments. The demand is high. As a result, it is likely there will be substantial appreciation. Real estate experts say that the outlook for investment appreciation appears excellent. You can expect at the very least an appreciation parity against other real estate in the resort area in which the fractional is located. |
The Cottage located
at the Somerset Fractions starting at $140k more info |
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To buy a fractional, you pay a one-time purchase price and then a yearly upkeep fee that covers all of the expenses associated with property ownership and its use and services. What do fractionals cost? Prices vary based on the size, amenities and location of the individual property. But most are in the $100,000-$500,000 range. Keep in mind that these are truly top-of-the-line homes that would cost you two to five times as much if purchased outright as wholly-owned vacation homes. |
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| Be smart - consider fractional ownership for your vacation home! |
| ☺Home ☺ Contact us ☺ About Turks & Caicos ☺ About us | ?coolenuf 2010 |