Why Fractional Ownership?
Fractional Property Ownership in Florida
Why pay $600,000 to $800,000 for a vacation home you use 6-8 weeks a year when you can BUY that same luxury home starting at $116,000.00?
Fractional ownership is a real partnership that allows 7 owners to take advantage of high-end properties at a fraction of the cost. All owners split all associated costs and have a completely furnished, decorated and accessorized home. With the cost of a down payment, and no further payments, (see example below) you could own a piece of a high end home in southern Florida where there's 260 days of sunshine and an average temperature of 77 degrees. Experience some of the best golf courses in the world along with the most prestine beaches on either coast. You save each year in the shared expenses of taxes, insurance, association fees, utilities, etc. It just makes sense!!!!
Approx. Annual Cost of a solely owned $600K luxury vacation home:
Taxes: $6,000.00
Insurance: $600.00
Condo Fee: $8,000.00
Utilities: $3,500.00
30 year mortgage payment $30,000.00
20% of $600,000.00 downpayment is $120,000.00 plus monthly mortgage payments of approx. ($2,500.00 at 5% interest for 30 years)
Versus
Approx. Annual Cost for Fractional Property Ownership:
Taxes: $860.00
Insurance: $85.00
Condo Fee: $1,142.00
Utilities: $500.00
full Managment and Concierge sevice 1,800.00
$116,000.00 total payment pays your share in full, with no monthly mortgage
Fractional Ownership will Save you over Complete Ownership, you pay annual fees of
$48,100 minus fractional fee of $4,387 = $43,713 year
SAVES YOU $43,713.00 per year!
Purchase a Naples Florida luxury home for only $116,000.00. On our home page click on featured homes tab then "click on the Quarry property" to see for yourself. Also check out Marco Island water front homes, and Ft Myers high rise with breathtaking water front views,
with
White Glove Full Management & Concierge Services Offered to All Owners!
Contact us now for your piece of paradise!
