Fractional ownership is a more affordable option when purchasing a home at Timbers Kauai. Call 844-399-8998. We are interested in Kauai Timbers fractional ownership. The only difference between 1/12 and 1/6 ownership is the amount of time deeded. 1 Bay Dr 3504, Kapalua, Hawaii - $179,000. And because it's easier to have a real estate management company take care of the details than multiple owners, there will be additional costs to bear. The Association Dues are paid quarterly. Year-round access guarantees a luxurious private vacation home that is as effortless as it is enjoyable, with services and amenities that rival the grandest five-star resorts. Your fixed time is two consecutive weeks in mid April each year (weeks 14 & 15) plus one float week (in late August through early October). This deeded, one-twelfth fractional ownership interest gives you 21 deeded days a year plus access to additional days on a per diem basis. While the tranquility and seclusion of the residences may tempt those with a large enough budget, Timbers is not an investment property regardless of what the real estate team says. There are a few key things you should know about the property before you make a final decision. Lahaina, Maui, Hawaii 96761 Real Estate License RB-21851 (808) 495-0022 Fax: (808) 661-8951. Usage is the biggest consideration in making a purchase. 2650 Sq.Ft. Fractional Ownership is a term that you will begin to hear more frequently on Maui. In this page not only will you see properties represented by , but also properties represented by other members of Hawaii Information Service. Fractional Villas is neither the owner, nor the real estate sales broker of the properties. Posted on We first reported on this topic last year with Pacaso. The Video/Virtual Tour depicts the interior floor plan/furnishings of an identical floorplan but a 3BR (ignore the rear BR with 2 beds). In many cases, the fractional ownership company will manage the boat and take care of the usual ownership issues like performing boat maintenance and storage. The Whaler also has Whole Unit Ownership. Every day on property you will be pampered by the Montage staff, the twice daily housekeeping, your assigned concierge, not to mention the in-residence dining, signature restaurant, kids programs, lagoon pools and much much more. Costs and responsibilities. Fractional ownership is the fastest growing segment of the real estate industry today. Fair market value of home: $1,800,000. Montage is Hawaii's 4th and newest Forbes 5 Star Property!!! Today at least one national company has made more fractional properties available in the Islands, and another could soon join them. Space Available Vacations Owners may reserve one (1) Space Available Vacation week after the Planned Vacation weeks are reserved. You can purchase any of the RiverWalk Resort luxury condominium suites as traditional whole ownership, seasonal ownership (6 months in winter or 6 months in summer) or fractional ownership (every sixth week forever, Friday through Friday). resort, How has the price of your property changed over time? Not only that, with fractional ownership, the purchaser actually owns partial equity in the vacation home and your name is on the deed. Total Living Area: 3,422 3,717 total sq. Most people are aware of Fee Simple ownership, which is most common. Listings provided courtesy of the REALTORS Association of Maui. Note: Honolulu Board of REALTORS receives inquiries seeking professional advice; however the Honolulu Board of REALTORS staff is not qualified, nor licensed, by the state of Hawaii to properly address real estate or legal issues. Your fixed time is two consecutive weeks in late June / early July each year (weeks 25 & 26) plus one float week (encompassing the 1st week in January through the 1st week in February or Thanksgiving week), all with the flexibility to move weeks throughout the year. ft. Lanai: 352 - 474 sq. It offers much in the way of calm and might be the ideal spot for a month or two of pure relaxation. Upcoming deeded time periods: 2022 Feb. 19 - March 5 & Sept. 24- Oct. 1 2023 Feb 25 - March 11 & Oct 7 - 14, Breathtaking views of the ocean and Molokai await you every day, during your time in this very very rare ground floor 3 Bedroom, 3 1/2 Bath residence. One Week or More Deeded Time Interval Ownership Leasehold & Fee Simple. Be sure to use a realistic value for the home, meaning the price at which it would sell for in the current market in 90-180 days. If the seller is not negotiable on price, you can ask for better time usage, a better floor plan (in a resort), or other amenities for the same price. The largest fractional operators, including operators of both jets and turboprops, are ranked and discussed below. Fractional ownership at Old Greenwood includes membership to the Tahoe Mountain Club. Charter Inquiries. This information has been supplied by third parties and has not been independently verified by Hawaii Information Service and is, therefore, not guaranteed. This deeded, one-twelfth fractional ownership interest gives you 21 deeded days a year plus access to additional days on a per diem basis. Phone Direct: 808.385.5034. alex@mauirealestatesearch.com. Every day on property you will be pampered by the Montage staff, the twice daily housekeeping, your assigned concierge, not to mention the in-residence dining, signature restaurant, kids programs, lagoon pools and much much more. Searching for Individual Homes and Condos? This deeded, one-twelfth fractional ownership interest gives you 21 deeded days a year plus access to additional days on a per diem basis. Located on the alluring island of Maui, the Montage Resort offers good value properties at about of the original price this is because depreciation has already occurred. If the prices are surprisingly high or low, it should prompt you to review the details of the fractional ownership sale carefully. With 5-star service, 5-star amenities, and a 5-star location Montage fractional ownership, Located inside the Mauna Lani resort, this private home has views of the Kohala mountains, a private lagoon style pool, a built-in bbq and wet, Exclusive Resorts is an elite vacation club for affluent travelers. Youd be hard-pressed to imagine some of the calls REALTORS get. Fractional Home Ownership Hawaii If you've ever considered a timeshare, there are some benefits which make it particularly attractive. Your Email address will be kept private, this form is secure and we never spam you. Of course, with fractional ownership, you wont need to worry as much about the cost. in Buying Advice, Education, Hawaii, Kauai, Tips, fractional ownership, 3D Tour was taken from 3303's lanai, the Video/Virtual Tour depicts the interior floor plan. Breathtaking ocean views and Molokai await you every day, during your time in this rare 7th floor 3 Bedroom, 3 1/2 Bath residence. Golf: 808.647.2800. Your fixed time is two consecutive weeks in mid April each year (weeks 14 & 15) plus one float week (in late August through early October). And they own at least two other vacation properties. The interior must be decorated to the nines. 3D Tour was taken from 4404's lanai, the Video/Virtual Tour depicts the interior floor plan/ furnishings of an identical 3BR (ignore the rear BR with 2 beds). Timbers Resort. Upcoming deeded time periods: 2023: Febuary 4 - 11 & July 8 - 22 2024: July 6 - 20 & Nov 23 - 30. All owners possess an equal part of the property title, giving everyone an equal stake in the property's use and value without sticking anyone with the full pains of property taxes, management, and maintenance. Contact | Sell Your Fractional |Consulting, Copyright 2020 LuxuryFractionalGuide.com | Privacy Policy | Terms & Conditions | Disclaimer, Fractional Ownership Options Growing in Oregon, New Fractional Ownership Options on Cape Breton, Northern California Fractional Ownership Options - Event April 9th, Resources for Hawaii Fractional Ownership, Weighing Your Options: A Wealth of Incentives for Fractional Real Estate Buyers, Fractional Life Announces Its Second Fractional Ownership Expo, New Network of Fractional Real Estate Professionals Provides Vacation Home Buyers and. View property. Whether you're looking for a picturesque waterfront home or a luxury pad up in the mountains, investing in a fractionally owned house is the most cost-effective option. 3 Bed 3.5 Bath Upcoming deeded time periods: 2023: March 25 - April 8, Sept. 9 - 16 2024: March 23 - April 6, Sept. 14 - 21, Breathtaking views of the ocean and Molokai await you every day, during your time in this very rare 3 consecutive week 2 Bedroom, 2 1/2 Bath residence. Social Membership ultimate access and amenities for locals The spacious floor plan includes a complete and well stocked Kitchen, laundry room, 2 full bathrooms plus a half bath, Huge Lanai with Panoramic Ocean Views, Direct Elevator Access, Twice Daily Housekeeping, Complimentary Storage including Golf Club storage, valet parking and many additional amenities. Fractional ownership here would mean that you have the opportunity to be a big part of the culture for at least 60 days out of the year. Listed by: Keller Williams Realty Maui-L Office Contact: 808-661-8777. In fact, in Hawaii, the government states that fractional ownership means the exclusive right to use the property for no less than 60 days per year, perfect for anyone from colder climates, who wants to escape to the sunshine for a few months at a time. Also, the number of shares sold in a . The 3D tour is an actual video of this units views, as it was taken from 3402's lanai. If you buy of a title, you can expect to pay something equivalent to a of comparable home prices in the area. Resort homes are easy to buy. This deeded, one-twelfth fractional ownership interest gives you 21 deeded days a year plus access to additional days on a per diem basis. This Deeded, One-twelfth Fractional Ownership Interest Gives You 21 Deeded Days A Yea. Specify all contingencies, including home inspection and any repairs to the property. Each Fractional Villas fractional ownership property is a separate offering. M's second home on the Big Island offers fantastic views of the Kohala Mountains, Mauna Kea, Maui and the fourth fairway of the Francis H. I'i Brown Golf Course within the Mauna Lani Resort. Montage is Hawaii's 4th and newest Forbes 5 Star Property!!! After all Planned Vacations have been confirmed, the remainder of the calendar year is open for owners to access via Space Available and Short Notice Vacations. A great spot if you are looking to live for part of the year somewhere with history and culture. Here are recent listings, as well as closings, for both ownership categories. Breathtaking views of the ocean and Molokai await you every day, during your time in this exquiste 5th floor 2 Bedroom, 2 1/2 Bath residence. Why? Since vacation condo owners want to come for 2-3 months per year, a condo hotel can generate income for them while not in use. Montage is Hawaii's 4th and newest Forbes 5 Star Property!!! With two distinct residence types and 3-4-bedroom options, find the Hawaii vacation home that calls to you. Lanai: 352 474 sq. The Stice Team of Hawaii Life Vacations is stoked to share our newest high-end vacation rental offering in Wailea, Maui:Hoolei , There are different kinds of ownership in Hawaii. $50,000.

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