Fractional Ownership News
Fractional ownership of Dominican Republic villas launched
Dominican Republic agent Golden Treasures has teamed up with Casa Linda in the resort of Sosua to offer fractional real estate ownership of new-buld villas.
The four-bedroom Villa Ultima models will be configured with the rooms surrounding a swimming pool area and positioned so each villa will face the ocean without covering the neighbors`s line of sight.
The villas are less than ten minutes from Sosua beach, and the same time from Cabarete and the local airport. A bar area near the pool with BBQ grill is also an option, along with air conditioning and furnishings.
Golden Treasure is offering 1/6th shares (three high season weeks and five low-season weeks) for US$69,870. The villas are also available on a whole ownership basis for $394,400.
Other share sizes, from 1/12th to ¼ are also available.
www.www.goldenkeymanagement.com/fractional-ownership-villas.htm
29/06/10
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When Marriott launched London’s 47 Park Street under the Grand Residences brand in Mayfair in 2003, it was regarded Europe’s first and only urban fractional destination. Its flexible usage structure and well established operations remain unique within the UK’s fractional market today. Members are attracted to its versatility, sophistication and solid experience. It allows them to enjoy their residence at their convenience, while offering all the services normally associated with a luxury hotel. Reciprocal arrangements are in place with sister clubs worldwide, and the option of rental is available for unused time in order to maximize return.
