How Can a Merida Yucatan Beachfront Home Benefit Me?

May 4, 2010 - PRLog -- YUCATAN, MEXICO- Fractional ownership has become a hugely popular way for families to own vacation property in their favorite luxurious destinations while only paying a portion of the cost of a residence. Distancing itself from the pitfalls and scandals of timeshares, fractional ownership is fundamentally different in that clients are actually part owners of a property, with the deed to prove it.

Purchase of a fractional ownership property is divided among several members, generally from 2 to 12 buyer/investors. All owners have deed to the property and, additionally, share the time that they spend at the residence. These time agreements vary with each fractional ownership contract, but the trend has been towards fewer owners that each spends up to a month on the vacation property.

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Fractional Ownership has its Benefits
On the snowy slopes of Aspen, Colorado, fractional ownership got its start as developers marketed the idea of selling a high-end property but to several buyers at once. This also included access to five-star hotel services and other luxurious perks. The venture was an instant success. Now a buyer could holiday at a rich tycoon’s condominium but for eighth of the price. The upper-middle classes had suddenly found a way to taste the trappings of the super rich but within their own budget.

This appeal to luxury and ease is a main attraction for buyers interested in fractional ownership; therefore it is becoming very common to find high-class level of furnishings, services and amenities in fractional ownership properties. Additionally, fractional ownership has the added benefits of greater property appreciation, longer vacation times in residence, and the ability to sell, bequeath or exchange time at the property or the deed of the property itself.

Another major benefit of fractional ownership is that you never have to worry about repairs, maintenance or housekeeping. Everything is included in the price and/or annual fees and management is often taken care of by a professional management company.

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Fractional Ownership in Yucatan, Mexico
In the Yucatan, La Casona on Sunset Beach by International Holdings & Trust offers the best of fractional ownership in a beautiful beachfront residential home in a tourist destination that includes added benefits such as a 2010 Chevrolet Captiva, full services: cleaning, cooking, security, and private storage lockers.  

More and more of these homes are being snapped up by American and Canadian semi-retirees who want to enjoy a private beach home with five-star services in a prime beach environment. Where they can relax… care free.

Fractional ownerships offered in Mexico have shown rapid appreciation over the last few years, making it an attractive option to foreign real estate investors.

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Gary is the President of International Holdings & Trust Company located in Cancun, Mexico and has been selling beachfront property as investments in the Mexican Caribbean for the past 10 years.

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