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Explore Shared Ownership

Deeded Fractional Ownership plan allows you to purchase a percentage of a vacation property, thereby enjoying all the benefits of a Second Home, with none of the responsibilities. The property is maintained by a management company and is always prepared in advance of your visit. And since your ownership is deeded, it is not only yours to enjoy for a lifetime – it is yours in perpetuity and, as such, may be bequeathed to your heirs.

Mision La SerenaDeeded Fractional Ownership secures the right for Members and their guests to spend a guaranteed number of days in residence each year. Depending upon location, each ownership Interest is generally between 21 and 90 days annually. Your Residence is professionally maintained in your absence. Often your membership also provides the option of reciprocal-stays at other destinations.

Economic Benefits

Montecristo EstatesDeeded Fractional Ownership costs thousands of dollars less than Private Ownership of a comparable Second Home. Many multi-million dollar Second Homes sit empty for up to eleven months of the year. The owners of these homes are, of course, funding their upkeep and security year round, even while they are not in residence. By comparison Deeded Fractional Ownership members pay only a pro-rata share of operating costs through a single, predictable Annual Dues payment, proportionate to their usage allotment.

Ownership of a Club Residence also offers economic benefits when compared to vacationing in destination clubs. Since your Ownership is Deeded, it is a conventional real estate asset. In addition to the joy it will bring throughout your lifetime, it may eventually be conveyed to your heirs for future generations to enjoy.

Examples of Deeded Fractional Ownership:
  • Mision La Serena
  • Montecristo