The resort features spectacular views of the ocean and surrounding old growth rainforest. Fractional Ownership may best fit the needs of individuals and families who plan to enjoy Osoyoos. What We Do. Owners can then elect to use their vacation week(s) or exchange on a vacation exchange network, such as Interval International, which is owned by Marriott Corp. A deeded 1/16 fractional ownership at the most luxurious, fully furnished community in the Valley gives you 3 weeks of annual use with 2 different rotation schedules to choose from. 3 flights daily to Vancouver. Only one hour by ferry from Vancouver or Victoria. 14 Beach Homes 8 Waterview Rooms 500m of Beach Resort Spa … Though you might think that it's impossible to find a BC condo that has enough space for your group, Marble Canyon makes it simple. That’s right, you heard me, purses. Fractional ownership time is dependent upon the number of owners, and is often prescheduled in advance by a written agreement between the owners. A high end style of vacation home ownership, called "fractional ownership," has become increasingly popular with individuals seeking luxury, first class service and the benefits of vacation home ownership. Fractional Ownership. 1175 Resort Dr 234, Parksville, British Columbia V9P 2E3. Fractional home ownership can include a fixed week as well as unlimited access through a space available program, subject to availability. Fractional ownership arrangements can be applied to a single home or apartment (typically referred to as a “one-off fractional”) or to a multi-unit building or resort development. Print Original Listing. 1 bed, 1 bath Condo for sale at 123-1175 Resort Dr, Parksville, BC, V9P 2E3. Fractional Ownership is not as new as you might think. This financing model was very popular in BC from the late 1990s to 2008 (Western Investor, 2012). The Residences at Sun Peaks Grand; Sun Peaks, BC. 9080183350 1999 4 279 29.5. Need Assistance? Fractional ownership prices from $59,900. The residences at Juniper Lodge are two bedroom, two-bathroom apartment homes at Fernie Alpine Resort with on-site athletic club with year round swimming pool, gym, spa and wellness, yoga room and bike stations. Think of it as you and a group of friends buying a cottage together. The COVID-19 situation might influence or cause uncertainty around some open houses. Beautiful large condo on the hill at Kimberley BC. Area Parksville/Qualicum. Fractional ownership giving you six weeks of enjoyment and relaxation throughout the year on Mayne Island. Fractional ownership is a method in which several unrelated parties can share in, and mitigate the risk of, ownership of a high-value tangible asset, usually a jet, yacht or piece of resort real estate. It can be done for strictly monetary reasons, but typically there is some amount of personal access involved. Description: Quarter-share ownership now selling in Juniper Lodge, a four-season vacation destination offering fully furnished 2 bedroom, 2 bathroom suites perfectly situated at Fernie Alpine Resort.Quarter-share ownership from $94,900. 9080183326 1994 1 511 34.700000000000003. Furthermore, Fractional Ownership is not just an investment in lifestyle, it is an investment in real estate. Fractional ownership is an exciting and fast-growing concept in resort home ownership. Thanks so much for your patience while we work to respond to all of our guests over the coming days and weeks. Fractional resorts are real estate developments in prime destinations such as slope side, on the golf course or ocean front at your favorite beach. Black Rock Oceanfront Resort in Ucluelet, BC features studio, one and two-bedroom suites, in our Lodge and Wild Pacific Trail Suites. Fractional Ownership has become increasingly popular in the last 10 years. Ask for a private showing. The Resort is unique in Sooke in that you can own a whole unit, or choose a fractional ownership option of one quarter or one eighth share, depending on your budget and your needs. Property Details. Your low strata fee covers property taxes, insurance, utilities, repairs, maintenance and refurbishment. Fractional ownership has grown so much in popularity in recent years that it is no longer identified solely with vacation homes, but has expanded into such markets as: jet airplanes, yachts, exotic cars, trains, helicopters, racehorse ownership, and now even designer accessories such as purses. Quarter ownership is becoming the most sought after way of investing and being part of fine resort living. If you can only use your home for 1 week of the year, you could rent it or trade it through our esteemed property Management Company or RCI Exchange. For Rent ShareLink Copied Map. Call today for more information 250-539-3122 or 250-730-3009 . Price $69,900. This gives buyers premium properties and locations from which you can choose from for other vacations. Bighorn Meadows Resort condos for sale invoke a feeling like no other. 9781436749886 1436749883 A Short Catalogue Of English Books In Archbishop Marsh's Library, Dublin, Printed Before 1641 (1905), Newport John Davis White, Alfred William Pollard 9781436757584 1436757584 A Waif Of The Mountains (1900), Edward Sylvester Ellis 9781412963770 141296377X Uncovering Student Thinking in Mathematics, Grades 6-12 - 30 Formative Assessment Probes for the … Five hours from Vancouver, this ski resort gets 220 inches of annual snowfall, so you can ski (or in summer, get on your mountain bike) at your front door. View details for this property in Parksville, including photos, nearby schools, commute time, amenities and more. Address 1175. 9080183318 1994 2 211 16. View property. By locking in the purchase price of accommodations, vacation ownership helps to guarantee future vacations at today’s prices in luxurious resorts with amenities, exceptional service, hassle free maintenance, and ambiance that rival any of the world’s top rated vacation destinations. Fernie is located in the heart of the Elk Valley surrounded by the Canadian Rocky Mountains. 9080183342 1999 5 623 49.5. 1999 6 114 14.75. Please remember to verify restrictions with your agent and local authorities. From the moment you enter the front door, you will feel like you have come home. Fractional or shared ownership offers an alternative to traditional vacation home ownership where owners purchase a “fraction” of a deeded residence that typically reflects actual usage, versus a wholly-owned residence that might only be used a small percentage of the year. Monthly maintenance is $254. Fractional ownership may not be the best option for people who want flexibility and unlimited access to a vacation property or who depend on regular weekends away. Fractional Ownership Resale. 9058670015 More Stories From Our Resorts. E. Estatesincanada 30+ days ago. Ownership includes an on-site vineyard fractional. 3 ba. *Exchange rights differ at each Fairmont Heritage Place property. We are experiencing heavy call, email, and social media inquiries. For example, highlights of fractional ownership properties in the Vail Valley include The Timbers, Ritz-Carlton Vail, Sebastian, St. James Place, Villa-Montane, Four Seasons, Park Hyatt and Westin. See The Project / 3 / 3. Resort Overview. Enjoy easy access to The Aqua Flora Spa, with lap pool, sauna, hot tub and offered special treatments or sit and watch the ever changing water activity. For more information on Quarter Ownership please call: Marilyn Brock Century 21 Maximum Realty Ltd. Owners have the choice of placing their unit in the rental pool or trading weeks to use at other resorts in Sedona, Phoenix or Palm Springs. However, having five or so weeks a year blocked off for use of the property is like a forced vacation; for people who find it hard to get away from the office, fractional ownership can provide added incentive to take a break. Okanagan Resorts & Hotels With Timeshare Property. In a fractional ownership model, developers finance hotel builds by selling units in one-eighth to one-quarter shares. For Sale: 69900 - Residential, 2 bed, 3 bath, 1,079 sqft at 1175 Resort Dr in Parksville. I can also sell quarter shares at $125,000, or eighth shares at $64,000. Type Fractional Ownership. Pool, spa, restaurant and resort activities on site to help make a lifetime of memories with those who matter most. Renovated Church, by fractional ownership (Inverme, BC) Invermere, British Columbia Province . WHAT IS FRACTIONAL OWNERSHIP? You really can get a lot for a little! × Fractional ownership permits the use of premium, resort residence (or several residences) for various weeks throughout the year. This is a one-eighth ownership share, with 6 weeks of usage per year on a rotating calendar... $24,000. 9080183334 1998 3 416 32. $18,000 CAD 3 Beds; 3 Baths; 1,151 Sqft; Residential Open House. I currently hold the listing for unit 145, which is for sale at an amazing price of $399,900. Because timeshare vacation properties generally provide more comfortable accommodations than typical hotels, the variety of property ownership ranges from timeshare resorts, which typically offer a one week vacation, to fractional ownership, which provides longer periods of accommodation, and condo-hotels, which allow you as … Find information at canyonriver.net. And…within the last 5-6 years in Ontario, (or last 10 years in British Columbia), it has become increasingly popular for second homes and vacation properties. The latest fractional ownership opportunity, Sunrise Ridge Waterfront Resort is located in Parksville, BC, on Vancouver Island, overlooking the sandy beaches and calming waters of the Strait of Georgia. Phone: 1 -250-423-8650 Toll Free: 1 -877-423-8650 Ownership over renting means you benefit from any real estate appreciation that comes from owning deeded property. Left 0 / 0 Right. You will notice the spacious open-concept of the main area, the high ceilings, tall doors, quiet tones of nature and an abundance of natural light. MLS #850925 $69,900 CAD: OCEANFRONT CONDO, rare opportunity to own a 1/8 fractional ownership in this waterfront bungalow in Sunrise Ridge This is the perfect family vacation get away! Report. Buying a fractional makes this a cost-effective lifestyle investment for vacationers who enjoy and want to experience the Vail Valley, as well as premier properties and resorts around the world,” Boeser added. 3 br. Sub Area PQ Parksville. The concept was actually introduced years ago for corporate jets and then moved its way into luxury yachts, expensive automobiles, fine art and jewellery. 1175 Resort Dr SA2-224 Parksville, BC, V9P 2E3, a 3 bedroom, 3 bathroom home currently listed for sale at $22,900. Ownership may allow you the opportunity to exchange weeks into – the Fairmont Heritage Place portfolio; at over 100 Fairmont, Raffles, and Swissotel hotels & resorts worldwide; and over 200 destinations within The Registry Collection program*. Some of you have the means to own a cottage but you don’t have the time to use it as much as you would like. The average use time for fractional ownership real estate in BC is 12 weeks a year for each owner with a 1/4 share in the property, with two weeks of the year used for spring and fall cleaning. With fractional ownership units designed for families and groups, the resort offers gorgeous vacation homes that are perfect for warmer and colder months of the year. The trend among hotels at most major resort areas, including the Vail Valley, is to market and sell a portion of their rooms as fractional units.

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