New Options to Owning Oceanfront Caribbean Property in the Riviera Maya- Playa del Carmen

This option appropriately suits most investors seeking a vacation home get-away in the Caribbean. Buyers are surprisingly pleased with the higher level upgrade of beach property that their investment money can actually afford.
By: Gary J Walding - International Holdings & Trust
 
June 27, 2009 - PRLog -- Playa del Carmen, México - Are you thinking of a vacation beach home investment in the Mexican Caribbean, but not sure how to go about it?  There are several options; however which option makes practical sense for your budget?  http://www.yucatanviews.com

I have been selling beachfront property as investments in the Mexican Caribbean for the past 10 years and have accumulated a list of proud property owners that are pleased with their investment and eager to someday build a beach home on it.  For this investor group whole ownership is truly a dream come true- however this option is not necessarily for everyone.

What I have found over the years is that only a small portion of the buying market desire to get that involved with their property.  Others prefer less upfront expense with even less ongoing responsibilities, and more immediate satisfaction of actually using their property.  Well, happy days are now here on Sunset Beach in the Riviera Maya oceanfront Caribbean!  http://www.lacasonayucatan.com

NEW OPTIONS
For the first time, in 2009 International Holdings & Trust (IHT) introduced to the Yucatan Peninsula a tried and true legally deeded structure that has been available for the past 20 years in the USA, called fractional ownership.  

IHT is meeting the demands of a growing market by offering a package more suited to the general foreign buyer.  Packaging high-end luxury beach homes along with the most legally sound shared ownership program available in Mexico at a hazel-free and affordable price.  Fractional ownership has made this all feasible!  It enables the developer to offer a product that would otherwise surpass most people’s budget if purchased outright for just a fraction of the cost to the individual.

HOW DOES FRACTIONAL OWNERSHIP WORK
Fractional ownership is shared ownership of a property, with the title divided into fractions with usually four to twelve individual owners.  The owners of each fraction then have the exclusive legal right to access their home for the corresponding amount of time.  For example, if you owned a 1/10th share to a beachfront home you may reside there for 5 weeks per year.

This option appropriately suits most investors seeking a vacation home get-away in the Playa del Carmen Caribbean.  The investor’s initial costs in purchasing and maintaining the property is greatly reduced by sharing the expenses with nine other owners.  Furthermore, the investor owns 10 percent of the property which grants them proportionately any asset appreciations and the legal right to sell their interest at market value at any time or pass it to heirs.

IHT is seeing a strong response by potential investors that find this investment option much more practical for them.  Clients are surprisingly pleased with the higher level upgrade of beach property that their investment money can actually afford.

Find your affordable beachfront property in the Caribbean Yucatan. Visit International Holdings & Trust online at WWW.LACASONAYUCATAN.COM and see where you could be spending your family vacations.

About the Company
International Holdings & Trust carries a diverse background in international law, finance, construction, and real estate investment planning for Mexico. They aim to set the bar in Mexican Caribbean beach front property sales year after year with repeat and referred clients from satisfied customers.

Contact Information
Gary Walding
International Holdings & Trust
(785) 783-4790

www.yucatanviews.com
www.lacasonayucatan.com

# # #

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.
End
Source:Gary J Walding - International Holdings & Trust
Email:***@yucatanviews.com Email Verified
Tags:Playa Del Carmen Real, Laguna Bacalar, Costa Maya, Majahual, Oceanfront Lots, Fractional Ownership, Riviera Maya
Industry:Real Estate, Tourism, Travel
Location:Cancun - Quintana Roo - Mexico
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Page Updated Last on: Jul 24, 2009
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