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
Another VLE Successful Sale and Happy Campers!
December 2018
We just wanted to share our happy experience as buyers, which will complement the seller’s comments that are tagged on this blog, below.
In September, we purchased Penthouse 3502 and the experience with Giovanni and his real estate team was a really a great one. Normally, real estate transactions in Mexico can be fairly difficult to navigate but, in this case, all things went really smoothly thanks to Giovanni’s efforts.
The closing title company was great to work with and really good at communicating with us, which was a very welcome surprise.
In this case, Giovanni represented both the buyer and the seller, in addition to being an investor, as well.
It goes without saying that managing all of those aspects can be challenging. Thanks – and kudos – to Giovanni, however, because all things went off without a hitch. A smooth outcome is always welcome, especially when negotiating a real estate transaction in a foreign country.
Thank you, Gio, for your knowledge, professionalism, help and guidance during the process.
We are thrilled to invest further in the VLE community and encourage anyone contemplating the same to reach out to Giovanni and his associates. They are the Go-To Team.
Feel free to contact us with any questions or to discuss further.
I give Gio my highest recommendation!
September 2018
Oops, he did it AGAIN! After 18 years of ownership at VLE, with all of our kids growing up, it was time for us to sell our 2nd and final unit. Giovanni got Villa 1103 sold in short order. His communication skills, knowledge of his product, professionalism and friendly disposition are just a few of his amazing assets. Gio managed the phases of our 1st and now 2nd Los Cabos, Mexico vacation home sale. He went above and beyond the normal phases of listing, staging, showing, managing offers, inspections, and closing. Gio sold both 1102 and 1103 due to HIS diligence with all the facets needed for a quick sale in a not so desirable market for a seller.
Home-based in California and selling in Mexico, with Gio representing me this was a stress-free seamless process. Make no mistake, this is due only to Gio’s professional attention and work ethic. If ever I had wondered whether hiring a realtor to manage a sale was worth the commission, both of these experiences have made the answer obvious. You just cannot find a more pleasant professional to work with.
I cannot say enough about my most recent experience, I give Gio my highest recommendation! Thanks for getting things done, Gio.
I thoroughly enjoyed my time working with Giovanni
July 2018
It’s my absolute pleasure to recommend G. Giovanni Giammarco as an International Real Estate Broker.
I thoroughly enjoyed my time working with Giovanni and came to know him as a truly valuable asset to anyone looking to purchase property both nationally and internationally. He is honest, dependable, and incredibly hard-working. His expertise in real estate was a huge advantage to my purchase.
Along with his undeniable talent, Giovanni has always been an absolute joy to work with, and I could not be happier with the results.
Please feel free to contact me at my company Southern Home Improvement Center, Inc. I’d be happy to expand on my recommendation.
We look forward to growing our relationship with Gio in the years to come
May 2015
My wife and I lead an active and sometimes hectic lifestyle, running multiple companies and traveling almost constantly, so finding Gio has been invaluable to our peace of mind. When we met Gio we immediately felt comfortable working with him, and he quickly proved himself to be deeply knowledgeable and trustworthy. As is often the case, we presented Gio with a number of challenging tasks (including getting a last-minute extension on our escrow), and his quick work and diligence managed to save the day. He is truly one of those rare, intuitive individuals who can anticipate our needs even before we do. His team manages the rental of our units, and like Gio, they are always accommodating and excellent problem solvers. We look forward to growing our relationship with Gio in the years to come.
In a matter of about two weeks, we had a very workable offer
May 2015
People like Giovanni and his partner Martin are a rare breed. After over three years of listing with the Villa Group, I decided to give Giovanni and Martin a try. Really, what did I have to lose? In a matter of about two weeks, we had a very workable offer. Both Giovanni and Martin represented both myself (as the seller) and the buyer. If you want to rent or sell your property, then the choice is an easy one, go with Giovanni of Cabo La Estancia and his partner Martin.
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