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Villa Fractional Ownership
Welcome to VillaFractionals ca also known as Villa Fractionals
In marketing, a little creative thinking goes a long way - and the same goes for owning a coveted luxury asset. You've most likely heard the term fractional ownership as an option in the purchasing of real estate; the concept has taken off big-time with cottage and vacation properties in Ontario. In fact, there are so many popping up on the market, a new company called Media Pull created an entire website dedicated to the topic - visit www.fractions.ca for proof. But did you know that the trend of joint possession includes everything from jewelry to jets? In fact, the concept of fractional ownership began years ago with passenger jets. It's easy to understand why private individuals or corporations would pursue owning a jet in a fractional agreement, but people's ingenuity never ceases to amaze me. The concept received a lot of attention last summer when it made the news that 13 women in California jointly purchased a $37,000 necklace - and agreed to share custody of the piece, with each owner having possession of the necklace for four months of the year. Considering that the number of functions to which a person could wear a $37,000 necklace is limited, this was a brilliant idea. Another new interpretation of the fractional ownership phenomenon is the sharing of art - with museums! Some collectors now offer their valuable pieces to galleries and museums for part of the year, helping to maximize the value of donors' tax deductions. As I mentioned, the popularity of the fractional ownership of vacation real estate has grown tremendously in Ontario over the past four years. According to Michael Stevens of mediapull.ca, the company recognized the need for a central source of information about opportunities in the province and launched www.fractions.ca. “All developments are listed free of charge or consumers can contact us directly to sign up and then be informed as to new offerings,” Stevens says. Even though the site is fairly new, Stevens says the response has been overwhelming. “Our first of three public information sessions with industry experts is planned for early June.” The website has sections aimed at consumers, the media and builders - and contains the only comprehensive listing of fractional ownership properties in Ontario. Visitors will also find articles and other interesting resources. Sharing ownership of a cottage or vacation property makes sense. The price of real estate in Ontario has skyrocketed, placing it out of reach for many. Even some who can afford it question the return on
their entertainment investment, when they will spend only a few weeks of the year enjoying it. Enter the winwin proposition of fractional ownership. A group of people share in the purchase price and cost of maintaining the property - and then split up its use during the year. And most of the time, the owners also own the boats and amenities such as docks. Sharing the costs means owners can afford a more elaborate vacation property than they might be able to on their own. There is also the option of outsourcing the maintenance of the property, so that during the weeks they use the facilities, they can truly relax. You won't find jewelry, jets or artwork at www.fractions.ca, but the site can open the door to your cottage or vacation lifestyle dream.
Myles Lawlor, of www.lawlor.com is a real estate Marketing Consultant
FOR MORE ABOUT FRACTIONAL OWNERSHIP INFORMATION GO TO:
Fractions.ca Your source for Fractional Ownership Muskoka Ontario Canada fractions ca. We deal with Shared owners cottages information, vacations info. Toronto, tourism, golf, spas, attractions, resorts, camping, accommodations, cottage country, canoeing, snowmobiling, skiing, family, vacation, real estate, lakes, algonquin park, georgian bay, bracebridge, huntsville, bala, port carling, segwun, windermere, gravenhurst, dorset, dwight, baysville, lake of bays, severn bridge, rosseau
Fact of the day: 10 out of 8 people have trouble with fractions. Ca
FRACTIONAL OWNERSHIPFind results with: Select One Air Conditioning Basketball Court Beach Fireplace Golf Indoor Pool Kitchen Facility Lakeside Meeting Facilities Non-Smoking Rooms Outdoor Pool Pet Friendly Tennis Courts Whirlpool /
Hot Tub In or close to: Muskoka Baysville Bracebridge Gravenhurst Port Carling Severn Bridge Utterson Summer Fall Winter Spring For information on Muskoka please contact our Travel Counselors
Timeshares Versus Fractionals; Naming by the Numbers - Ragatz Associates has held three annual Fractional Interest Symposiums, providing the first ever forums focusing solely on this industry. Ragatz Associates' upcoming fourth annual Fractional Interest Symposium will be held at The Fairmont Hotel in San Francisco, March 29-31, 2004.
The intent of this document is to provide information to guide those who may be considering the operation of an air service by way of a fractional ownership program in Canada. This offers the ability to travel elsewhere for vacations, while still maintaining the fractional ownership of your own property.
Many of the fractional developments are in high-end resort locations, where condominium or property ownership is priced at the high end. Again, the fractional owner has access to all the amenities in the resort area, while paying substantially less to get in.
A luxurious collection of professionally managed fractional ownership vacation properties located in the heart of the vibrant Bear Mountain Village. There are a number of Cottage Fractional Ownership programs on the market right now, where you purchase a set number of weeks of cottage use per year and all maintenance/upkeep is looked after by a maintenance service. This is a very cost effective manner to enter the cottage market in the Muskoka Region.
Not everybody, however, is laying out the welcome mat for fractional ownership. Terry Rees, executive director of the Federation of Ontario Cottagers' Associations, notes that several recent projects in the tony enclaves of Muskoka and Lake of Bays have run into opposition because they look more like urban condominiums than cottages. Muskoka Ontario resort vacation club offering Muskoka lifestyle resort ownership. Fractional ownership relates to forms of shared ownership.
The Cottages - shared ownership plan. The end result is that the cottage unit owners control the maintenance thereby avoiding the costly markups levied by management companies that contribute to dramatically higher maintenance costs. A half-share in a cottage will give an owner 6 months use of a cottage each year, excluding the time needed to safely open and close (see below) the resort.
Muskoka Cottages - Landscapes Lake of Bays - Located in beautiful Muskoka you have the opportunity to start your own family tradition at Landscapes. 3 Bedroom Cottage. - Cottage Photos · - Exterior Rendering · - Interior Renderings · - Exterior Elevations ... View and Print The Cottages in PDF format. That's the thinking behind fractional ownership, the more expensive version of time ... shared with family and friends, sold or left to someone in a will. Here fractional ownership is a tried and trusted concept. America has been skimming the skies in shared planes since the seventies.
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