Fractional Ownership

What is an “Eight-Share” Vacation Home?


Many of us have the dream of owning a vacation home on or near a beautiful beach, and for years, hundreds of U.S. citizens have come to the beaches of Rocky Point to fulfill that dream.


However, now that dream is becoming more and more costly. Beachfront homes range from the very low end of $500,000. on up to $700,000., $1,200,000., or even higher, and many of these homes in Mexico are offered at “cash only” terms.

 

Even for those who can afford these prices, one must ask; how often can I really make it down to Rocky Point to enjoy (and justify) this substantial investment?

Maybe the answer is two weeks a year - maybe it’s 4 weeks a year -whatever the answer, you also must ask yourself some other important questions. What is a Notario, Fidecomiso, Federal Zone, and how will I pay the bills, keep an eye on the home, perform regular maintenance, clean the house, etc. etc? And will I have the time and the money for all these responsibilities and still have time to truly unwind and enjoy the beach? All of these questions should be answered prior to purchasing a home.

Well, now there is an alternative to sole ownership in a Beach-Vacation home, and it’s called an 8-Share Vacation Home.

This is how it works: Each home has 8 owners. Each owner has the use of the home every 8 weeks for a total of up to 6 weeks a year. And because the home is closed every year for up to 5 weeks ( August) for maintenance, the calendar automatically “shifts” the rotation of owners by a few weeks. This guarantees that if one owner has Thanksgiving week, for example, that next year the holiday automatically rotates to another owner and so on.If an owner cannot use all of their 6 weeks per year, it is their option to let family or friends use it, or rent it out and keep the proceeds.

Each owner also receives an owner’s storage locker on the premises in order to keep clothes, personal items, food, beach toys, etc. etc. on site so as to not have to cart such items back and forth.

Management services are paid for monthly with an auto- debit directly from your USA bank account, in an all- inclusive fee, which usually range from $255 to $350.(per month, per owner), depending upon the size of the home. This fee is paid through a auto debit, so even paying the monthlydues payment is streamedlined- no "work" with this type of beach living! All other hassles, work and worry are taken care of for them. The monthly Homeowners Management Fee includes the following;

 

All utilities- electric/water/trash

Annual Bank Trust fees

Annual Las Cochas HOA Fees

Property Taxes
Cleaning of property after your departure
Satellite TV Programming
High speed internet service
Toll Free USA Phone number & Mexico phone line
All weekly and annual maintenance
Federal zone fees
All paper goods
Bill paying
Accounting and management
Gardening

So, what is the down side to an 8-Share vacation home? There is the ridged schedule. Every 8 weeks can be over come with a trade with another owner, or we have had people buy 2 shares to be able to come for longer periods (or more often). But the schedule does let an owner know what weeks they will have for next year, 5 years from now, or 10 years from now. Another downside for some is that there are no pets allowed, and no smoking is allowed inside the home (outside onbeautiful beach side deck is OK). However, this allows us to maintain the home in a pristine condition from one week to the next, year after year. We view this as an advantage to the group as a whole.


While some people dream of Paradise, Our “8 Share Vacation Home” owners prefer to own a piece of it!

We truly believe that 8-share Vacation Home ownership solves the problems associated with the second home ownership, and allows the owner years of trouble free pleasure and excitement. But do not take our word for it- you need to ask some of our owners to fully appreciate how much they enjoy their 8 Share Beach Home. They tell us that it is one of the best decisions they have ever made. We hope you will join us too.