Fractional Ownership Luxury Condominiums & Spa for Sale and Rent in Steps From Downtown, Jaco, Central Pacific, Costa Rica
Own a Luxury Beachfront Condo at a Fraction of the Cost!
Hassle-free Ownership
Part of the appeal of fractionals is that they are completely hassle free. In addition to having a staff for personalized service at your disposal, at a private residence club you never have to worry about repairs, maintenance or housekeeping. Everything is arranged and taken care of by the professional management company. Each Fraction is in its own brand new Corporation offering low closing costs, easy re-sale and a secure investment. A fleet of golf carts are available for hassle free transportation.
Appreciation Potential
To date there have been very few fractional resort developments. The demand is high. As a result, it is likely there will be substantial appreciation, rather than the depreciation that usually occurs with timeshares.
Real estate experts say that the outlook for investment appreciation appears excellent. You can expect at the very least an appreciation parity against other real estate in the resort area in which the fractional is located.
Prices
To buy a fractional, you pay a one-time purchase price and then a yearly upkeep fee that covers all of the expenses associated with property ownership and its use and services.
What do fractionals cost? Typically prices vary based on the size, amenities and location of the individual property. But most are in the $100,000-$500,000 range. Keep in mind that these are truly top-of-the-line homes that would cost you two to five times as much if purchased outright as wholly-owned vacation homes.
Comparison of Fractionals to Timeshares
How do fractionals compare with timeshares? They really don’t. Fractionals are far more exclusive and include many more luxury amenities and services than timeshares. Timeshares usually allow you use for just one to two weeks per year. Fractionals offer from two to 13 weeks, and those don't necessarily have to be consecutive weeks. Pick the weeks you want. With regard to financing, obtaining a bank or mortgage company loan on a timeshare is difficult. Rates are high, regardless of how good your credit. That's because it’s a well-known fact that most timeshares depreciate over time. Conversely, banks and mortgage firms consider fractionals to be appreciating assets and will often treat them like any other second-home purchase.
Why do fractionals tend to appreciate while timeshares usually depreciate? There are a couple of reasons. With fractionals, more of the buyer's dollar goes to high quality finishes and "bricks and mortar" vs. sales commissions which can be as high as 40%-50% with timeshares. Furthermore, timeshare values have historically been poor because of the large number of resales on the market, not to mention a continuous stream of new developments. The fact is the secondary market for timeshares has never really developed.
Conversely, there are a limited number of fractionals on the market. Most likely, that number will stay small because fractionals are built in only the very best, most highly desirable locations. Therefore, demand out paces supply and results in property appreciation. Comparison of Fractionals to Condo Hotels
Fractionals (private residence clubs) differ from condo hotels in that you have a set amount of time when you can use your vacation home. Condo hotels are in fact, condos located within hotels. You can use your unit whenever you want, and place it in the rental program when not using it. Jaco Beach Towers offers the benefit of Fractional ownership with the option of rental program participation.
Fractional ownership of real estate is rapidly gaining popularity and soon there will likely be more of a supply across the world to meet the growing demand.
Jaco Beach Towers offers the perfect vacation home at a fraction of the cost!
Jaco Beach Towers features many luxury amenities including…
Fully Furnished with Designer Furniture Packages
24-Hour Security
On Site Covered Parking
Fee Simple Titled Property and Title Guarantee, Insurance Available
100% Power Back-Up
On Site Property Management
Each Home Has Unobstructed Views of the Pacific Ocean and/or
Lush Mountains
Site Plan built right up to the 50 meter mark of the beach
Central Air Conditioning
Stainless Steel Appliances
Granite Countertops
Thermal Pane Windows
Porcelain tiles
Roof-Top Fitness Center & Adult Spa Area
All the amenities of five star spa, turkish bath, sauna, spa facility
A Fleet of Golf Carts
24-Hour On-Line Conceirge service
…And many more
Jaco Beach Towers is the first luxury beach front development in Jaco to offer Turn-Key Fractional Ownership…
* Fractional Ownership allows you the option to purchase ¼ of one of these luxurious condominiums.
* By only paying for the time you use, fractional ownership can be a much more cost-effective way to stay in a desirable location.
* You purchase deeded property, with the same rights as any other real estate purchase.
* You have 13 weeks per year, in 2-week increments, to enjoy your oceanfront home.
* You can still participate in the rental program the weeks you are not using your condo.
* Titled to the 50 meter mark right on the Beach with in walking distance to the many international restaurants, shops, stores and nightlife!
* Deep Sea Sport Fishing and Marina five minutes away.
* Canopy, Four-wheeling, Crocodile Safari, National Parks and world class surfing all in your backyard.
Contact us for further details about Fractional Ownership and see why it only makes good "cent".
Jaco Beach Towers the lifestyle you dream about at a price you can easily afford.
Contact our office for your Free DVD about living in Costa Rica!
Full ownership available inquire about details.
About This Property
Category
Condos
Sold by
Owner
Address
On the Beach in Jaco
Steps From Downtown
Jaco
Central Pacific
Costa Rica
Steps From Downtown
Jaco
Central Pacific
Costa Rica
Built
2010
Area
2,870 Sq. Ft.
Stories
10
Bedrooms
3
Bathrooms
3.5
Sleeps
8
Parkings
1
Features - Amenities
- Furnished
- Appliances
- Pet Friendly
- Laundry Room
- Pool
- Gym/Spa
- Balcony
- Terrace
- Patio
- Cable TV
- Ocean View
- Mountain View
- Ocean Waterfront
- 24 Hour Security
- Fee Simple Titled Property
- Stewart Title Approved
- Unobstructed views of the Pacific Ocean and/or lush mountains
- Beach Frontage.
- Roof-Top Fitness Center & Adult Spa Area
- 100% Power Back-up
- Fully Furnished with Brand Name Furniture & Appliances
- Stainless Stee Appliances
- Granite Countertops
- Central Air Conditioning
- Porcelain Tiles