Live the Costa Rica Dream with Fractional Real Estate on the South Pacific Coast
You’d be forgiven for thinking that the only way you’re going to end up owning a luxury villa in Costa Rica is if your numbers come up on the lottery.
You are successful in your career but you don’t earn the million dollar wage packet that will buy you the vacation palace you have always promised your family.
Well, living the luxury vacation home dream is a lot more accessible than you might think.
Imagine being able to own a million dollar coastal property for a fraction of its market value, its time to consider the real benefits of investing in a fractional property. Owning a high-end coastal property is a reality thanks to fractional investment opportunities in Costa Rica and its one of the best ways to maximize a return on your investment.
But what are the real benefits of fractionals?
You’ve always dreamed of coastal living but have a couple more years of hard work ahead of you and due to job commitments and your children’s education you can’t take more than a few months out for family vacation every year.
Fractional real estate gives you the opportunity to own a luxury vacation home with personalized services in one of Costa Rica’s highly sought after coastal communities without having to justify its limited use.
Using a rotation system, fractional owners get to choose their vacation slots and exchange should it be necessary. You get to enjoy from four to twelve weeks in your very own luxury vacation home.
Fractional coastal properties are becoming a popular choice for property investors who don’t want the hassle and expense of being the sole vacation home owner. The property management company takes charge of the maintenance and housekeeping which are included in the fractional price you pay for your residence. This is the ultimate in hassle free vacation home ownership.
And if that wasn’t enough, many fractional properties can be traded for other luxury homes around the world. With a fractional you don’t have to be tied down to spending your vacation time at just one property. You and your family will be able to jet set around the globe.
But aren’t fractionals the same as timeshares?
Not at all! Fractional properties are far more exclusive than timeshare residences and owners enjoy far more benefits. Fractionals carry a title deed which means you are essentially buying a portion of the property; you become a freehold owner of your luxury vacation home.
Typically, timeshare properties are shared among as many as 50 who pay for blocks of time and do not have property ownership rights. Fractional properties are shared among no more than twelve people, vacation slots are far more flexible and you get the added benefit of property ownership and value appreciation.
Where can I buy fractionals in Costa Rica?
Recognizing the benefits of fractionals, their availability in Costa Rica are limited largely due to their exclusive coastal locations.
However there are a select number of properties available in the South and Central Pacific as well as the Nicoya Peninsula and initial outlay ranges from $100,000 – $500,000.
It’s important to note that to purchase a luxury property in any of these prime beach and sun vacation destinations could set you back millions of dollars. With long term financing available for up to 15 years you only need to put down 50% of your fractional share. This makes your dream of owning a luxury property achievable.
For example, for as little as $395K you will be able to be the fractional owner of one of the most outstanding properties on the South Pacific coast of Costa Rica, Casa Big Sur.
Fractional ownership of this property means you can enjoy a 560 sqm /6,028 sq ft five bedroom five bathroom Balinese residence of grand design, with infinity pool, located in the highly esteemed coastal town of Escalares, close to Dominical.
Taking into account the popularity of coastal luxury vacation properties in Dominical, this is just one fractional property that is certainly worth looking in to. Find out how the fractional property ownership system could get you the vacation home of your dreams.
Live the Costa Rica Dream with Fractional Real Estate on the South Pacific Coast
Article/Property ID Number 3138
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