Fractional Ownership on the Cayman Islands
There are a number of valid reasons why people buy into private residence clubs and luxury fractional properties. Usually there are several factors that persuade people that this is the right way to go for their vacation property. We've summarized the main reasons here.
Price and Value
The money involved is usually a factor, but different people have different ways of looking at this. The most straightforward way is to equate the money you're spending with the amount of time that you'll spend in your property. Most people with second homes find they only spend 3 to 6 weeks a year at their second home. So by buying a luxury fractional you can effectively only pay for the amount of time that you're going to actually use your property.
In an independent survey carried out by research firm Ragatz Associates in 2005, they confirmed that this fractional cost compared to the full cost of whole ownership, was the most important factor motivating high income households to buy private residence clubs and luxury fractional property.
Lots of Relaxation and No Maintenance
The ability to go on vacation and not have to worry about spending your time repairing or maintaining your (second home) vacation property is another big factor that private residence club buyers mention. You can turn up and just start relaxing and enjoying your vacation and at the end of your vacation you can simply head home without worrying about the property.
Full 5 Star Service
Private Residence Clubs and Luxury Fractionals offer levels of service comparable to luxury hotels with 24-hour concierges and daily maid service. Your home will be prepared for you before you arrive and you can just leave it at the end of your vacation and not need to worry about it. The concierge can book tee times, lift tickets, spa times or theatre tickets to ensure that you make the most of your vacation time. Other services can include airport valet, private chefs, childcare, and ski butlers to name but a few.
Luxury Furnishings & On Site Amenities
The appeal of skiing/ski-out properties or walking out of your door onto the championship golf course or golden beach, or using the world class spa, fitness facility and other sports and leisure amenities are all major attractions for private residence club buyers. You can also usually leave personal belongings such as sports equipment in storage at your property, so that you don't need to carry it all back and forth.
In addition the properties are furnished to the highest standards and offer the highest quality in all elements of design and construction. This can include marble and granite countertops, state-of-the-art entertainment and communications systems, luxurious fabrics and custom-made furniture.
The Beach Villas, Little Cayman
The Beach Villas are a collection of stylish contemporary ocean front properties on the beautiful Caribbean island of Little Cayman, famous for its crystal clear waters, perfect blue skies, white beaches, and year round sunshine.
Targeted for use by Little Cayman’s vibrant and expanding leisure market, The Beach Villas are being offered to selected individuals through Shared Ownership with each villa divided into 43 fractions, offering clients a choice of personal usage and rental income.
To learn more about The Beach Villas, Little Cayman please visit the website www.thebeachvillas.co
