Villas For Sale at Villa La Estancia
Cabo San Lucas, Mexico
About Fractional Ownership
Fractional Ownership has grown to become increasingly popular in recent years among people looking to enjoy the benefits of luxurious possessions with shared ownership.
What is Fractional Ownership?
The simplest description of Fractional Real Estate Ownership is ‘shared ownership of a deeded property, with usage rights based on time’. The purchasers have a stake in an asset without having to pay for the entire property.
Because each owner holds an equal part of the Title, the buyer owns partial equity in a valuable asset. As the value of the property appreciates so, too, does the purchaser’s equity.
Generally, a management company takes care of service and amenities.
Can U.S. or Canadian citizens buy Real Estate in Mexico?
Yes, citizens from other countries are eligible to buy real estate in Mexico, but it must be done through renewable bank trusts known as fideicomisos.
A ‘fideicomiso’ is a 50-year, perpetually renewable and transferable Bank Trust which allows foreigners to acquire irrevocable and absolute ownership rights to property in Mexico. This Trust is the legal equivalent of fee-simple ownership and is provided specifically for non-nationals, allowing them to own coastal and border property.
What is the most common types of fractional ownership in Los Cabos?
Fractional ownership properties in Los Cabos tend to be ocean view homes or villas, many of which are part of private residence clubs offering upscale amenities that are shared with neighboring owners. These amenities often include tennis courts, fitness facilities, business centers and concierge services.
The most common and best option is ¼ ownership (.25%), where four owners hold equal ownership percentage.
Typically there are three seasons: Winter, Spring and Summer and each quarter owner would receive one month (30 days) in each season in a rotation each year within a selective lottery process. Each year, each owner will receive a desired month guaranteed.
There is also the possibility of trading time with other ¼ fractional owners.
What is the investment potential?
Fractional Ownership provides an opportunity to build equity, as well as, an ability to rent some or all of your usage rights, allowing you to recoup your initial investment in the process.
Is fractional ownership right for you?
Fractional Ownership is more affordable than a traditional real estate investment model, with a lower overall down payment and fewer worries with regards to maintenance and property ownership responsibilities.
Testimonials
From Villa Owners
An easy decision for us
February 2022
After having previously purchased 1/4 fractional ownership in Villa 1301, it was an easy decision for us to purchase a second 1/4 ownership when Giovanni presented the opportunity to us, recently. Giovanni and his team made this second purchase even easier than the first and the Title Company was terrific to work with, too.
Giovanni not only represented the buyer and seller, but he and his rental team also continue to secure rentals with the same consistent professionalism and timely communication we have always enjoyed.
We look forward to many years of friendship and future business with Giovanni and his team.
K and Marge love you!
December 2021
Once we decided that a Mexico Real Estate purchase was right for us, finding the right realtor whom we could trust became paramount.
Giovanni Giammarco’s name was continually mentioned by those we asked. We heard great things about him and his extensive experience in the local real estate market and the great reviews we read online helped earn our trust.
Being a Villa owner, himself, Giovanni has firsthand knowledge of the market, the resort, and the unique rules and real estate customs in the area which provided us with a great deal of confidence in our choice of realtor.
Giovanni is responsive. He dedicated a great deal of time to our real estate search, answering our questions and assisting us at every turn.
His high level of personal service made us feel as though we were his exclusive clients.
We recommend Giovanni to anyone seriously considering purchasing a property in Mexico or anywhere else he conducts business.
It was invaluable to have Gio on our side
August 2019
My husband Ralph and I met Giovanni Giammarco in 2007 when we first bought our quarter share of unit 3201.
We have known him throughout the time we have owned our unit and when it came time for us to consider selling our share we immediately thought of speaking to him about the process. We approached him during the annual homeowners meeting in January 2019 and decided to engage his services as our realtor.
He took the bull by the horns and immediately began the process. We are very fortunate in that one of our partners was interested in purchasing our quarter share.
From the beginning, Gio kept us very well informed.
Despite the fact that the buyers and sellers (my husband and I) agreed on a price and the terms very quickly, the process was not as rapid as we are used to in the United States. Apparently, there are money laundering laws in Mexico that must be complied with and the requirements can change on a daily basis.
After beginning the process in January 2019, we are thrilled to say that the closing took place today, August 14, 2019.
It was invaluable to have Gio on our side, not only keeping us informed but following up very regularly with the key individuals in Mexico.
Having gained this experience only makes Gio more valuable as a relator that can be helpful to anyone considering buying or selling property in Mexico.
Ralph and I would highly recommend Giovanni Giammarco.
Thanks, Gio!
August 2019
Having bought the Clinard’s share of villa 3201, I agree with both Gio and the Clinards that the purchase process was much more complex than it was when we bought our original quarter share. The rules and information required by Mexican authorities and the banks were far more extensive than years ago (and seemed to increase every few months). Clearly, sales still can be completed but patience is needed as is the help of somebody who has been through the process. Gio was great in keeping us informed, coordinating all the parties in the US and Mexico, and constantly moving the process forward. I don’t think the sale would have gone through without him. Thanks, Gio.
We are happy to say that we finally sold our place with Gio's help!
February 2019
We first ‘met’ Giovanni back in 2010 when we wanted to purchase the beautiful Penthouse 3502 and were having a hard time getting the purchase to move forward. He was able to work with our agent, as well as, the owner to make the deal happen as quickly and efficiently as possible!!
From that point on, we became friends. He made sure to always stay in touch with us and helped us whenever any issues arose, helping us to find a solution as quickly and as painlessly as possible.
After some years of fabulous, wonderful Cabo living, our family started to add grandchildren, we realized that making the trip from Ohio to Cabo for our children and grandchildren was becoming too difficult. We made the difficult decision to rent and list our PH for sale, literally two weeks before the big hurricane hit Cabo. As you may know, following the hurricane, VLE did an amazing job of getting everything up and running quickly and our unit came through the ordeal relatively unscathed.
During the time it took to sell our place, Gio was able to rent it out, securing great rates, with great clients which helped to cover the costs along the way.
We are happy to say that we finally sold our place with Gio’s help, this past Fall. We are now the happy owners of a place in FL, which is more accessible for our children
Thanks, Gio for your dedication to helping our family!!
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