The Association Dues are paid annually for this unit at Hawaii's 4th and newest Forbes 5 Star Property!!! Fractional ownership has long been a way for multiple buyers to share in owning a home in Hawaii most often a pricey vacation property on a Neighbor Island. Your fixed time is two consecutive weeks in Early July each year (weeks 27 & 28) plus one float week (in January,February or Thanksgiving week). Montage is Hawaii's 4th and newest Forbes 5 Star Property!!! Next, can you afford the ongoing costs? 68-1793 Puu Nui St Waikoloajust sold for $912K located at , Real estate transactions demonstrate that people are willing to pay more for properties with good views and standard features such . Fractional ownership is usually four weeks or longer, and in some cases can be up to three months. Site is Managed/Operated by Alex Cortez, of, Alex Cortez - Island Sotheby's International Realty, https://www.hawaiirealestatesearch.com/thumbs/200x200/uploads/agents/2043998399.jpg. There is, Short Notice Vacations May be booked within thirty (30) days or less from arrival. Determine an exit strategy for all owners. Several oceanfront resorts on Maui are home for a "fractional interest" concept where condominiums and homes are being divided into four to six segments and sold to as many different buyers. NEW. Is a Colorado Ski Timeshare a Good Investment? Montage is Hawaii's 4th and newest Forbes 5 Star Property!!! Future fractional time periods: 2022: Jan 29 - Feb 5 & July 16 - 30 2023: July 22 - Aug. 5 & Nov 18 - 25, It is the ONLY deeded three consecutive week two bedroom EVER sold guaranteeing the owner 21 consecutive days a year during mid/late July & early August (weeks 28-30) plus it offers access to additional days on a per diem basis. Your fixed time is three prime consecutive weeks in early June each year (weeks 22-24). The Video/Virtual Tour depicts the interior floor plan. Call 844-399-9221 . 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. Please be nice. This deeded, one-twelfth fractional ownership interest gives you 21 deeded days a year plus access to additional days on a per diem basis. 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. 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. Today at least one national company has made more fractional properties available in the Islands, and another could soon join them. Montage is Hawaii's 4th and newest Forbes 5 Star Property!!! If the plans are not laid out in advance, it could cause legal problems if a decision is made to sell the property. With fractional ownership, there are more considerations than when you are the sole owner of the property. The home must be in a perfect location. You prefer to fly on a fleet of aircraft that is managed, operated and maintained by a single provider. Maui Real Estate Featured Areas. Typical exit strategies are to hold the property for 10-12 years and sell the home as whole ownership so that all owners can participate in the home appreciation. in Condos, Hawaii, Kauai, New Developments, Projects, fractional ownership, Of course, with fractional ownership, you wont need to worry as much about the cost. Montage is Hawaii's 4th and newest Forbes 5 Star Property!!! 3D Tour was taken from 4705's lanai. If you already have a location in mind, this can help your search. Aircraft Management. So fractional ownership seems to be optimal for snowbirds escaping Canada for the winter to Hawaii. Etc, etc. Fractionals at Montage Residences Kapalua Bay New Listings First 20 Properties Found. Whether you join us for a visit or a lifetime, you'll never aloha the same. Stretch Jet Card. Bedrooms 3. Commanding an elite oceans edge location, ownership in Kaiholo offers a premium private residence at Timbers Kauai that sets a new standard in terms of aesthetics, quality, features and finishes. 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. Instead of buying a fractional interest, you could rent a comparable unit for $200 per night. The average fractional buyer in Timbers properties has a net worth of $7.5 million, according to Greg Spencer, the company's chief executive. We have been helping owners get the most of their ownership for over 30 years. One Week or More Deeded Time Interval Ownership Leasehold & Fee Simple. Total Living Area: 2,364 2,843 total sq. Two levels, three or four bedrooms, up to four lanais and up to 3,700 square feet of living space. Charter Inquiries. Get started on your dream home search today! Required fields are marked *. The 3D tour is an actual video of this units views, as it was taken from 3102's lanai. 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. With properties on every island,Equity Residences is a great option for fractional ownership in Hawaii. You should conduct your own investigation and consult with appropriate professionals to determine the accuracy of the information provided and to answer any questions concerning the property and structures located thereon. Instead of owning an entire property, fractional interests buy a stake in the property that grants them a right to use the property. Work with your licensed real estate agent to construct a legally binding offer. Upcoming deeded time periods: 2023: July 8 - July 15 2024: June 22 - July 13, Breathtaking views of Lanai, & Kalohi channel as sunsets are witnessed every day from this center floor level, ideally located 2 bedroom residence with two separate en suite Master Bedrooms. Then again, just throw open the glass doors and the entire home feels like one huge lanai. Fractional ownership hawaii 1-25 of 36 properties for sale found Receive new listings by email Save this search Sort by Cities Lahaina 27 Daufuskie Island 2 Holland 2 Lihue 2 Bluffton 1 Honolulu 1 Wailuku 1 States Hawaii 31 South Carolina 3 Michigan 2 Price Bedrooms 0+ 1+ 2+ 3+ 4+ Bathrooms 0+ 1+ 2+ 3+ 4+ Square Footage Property type Apartment Fractional ownership has long been a way for multiple buyers to share in owning a home in Hawaii - most often a pricey vacation property on a Neighbor Island. This deeded, one-twelfth fractional ownership interest gives you 21 deeded days a year plus access to additional days on a per diem basis. If youre seeking individual properties, it can be a challenge on any of the islands; this is due to poor marketing and often overpriced properties. The average Aspen ski-country house costs around $4 million. Upcoming deeded time periods: 2023: Febuary 4 - 11 & July 8 - 22 2024: July 6 - 20 & Nov 23 - 30. The list goes on and on and if buyers are turned off by one small detail the deal is off. 3 BE. You should conduct your own investigation and consult with appropriate professionals to determine the accuracy of the information provided and to answer any questions concerning the property and structures located thereon. For $1.3 million, you can buy five years of privileges chartering a near-new Embraer Phenom 300 private jet, which is similar in size and capability to the CJ4. First, does the allocated usage fit with your plans? So what other benefits are there, and which island should you consider? Fraction-Partial-Interval, Time Interval 3 Beds; 3 . Every day on property you will be pampered by the Montage staff, the daily housekeeping, your assigned concierge, not to mention the in-residence dining, signature restaurant, kids programs, lagoon pools and much much more. The biggest new fractional player in Hawaii is Pacaso, which announced in March that it had entered the local market with its purchase of a luxury three-bedroom condominium at the Kapalua Resort on Maui. Golf: 808.647.2800. Fractional ownership is deeded ownership in a property and the usage time is much longer. The HOA must allow it. Skip to content. ft. Phone (808) 988-6622. There are only 3 ownerships on property with these very desirable weeks. With so much to discover, you might wonder why fractional property ownership hasnt taken off on these exotic islands, rich in culture. Upcoming deeded time periods: 2023: March 25 - April 15 2024: March 23 - April 13, Breathtaking views of the ocean and Molokai await you every day, during your time in this exquiste 2nd floor 3 Bedroom, 3 1/2 Bath residence. Kaiholo Residence CLub Owners may deposit up to six (6) Planned Vacation weeks into TRP. There are a few key things you should know about the property before you make a final decision. Youd be hard-pressed to imagine some of the calls REALTORS get. 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. These are notoriously hard to navigate and resell. However, annual usage is usually only 1-3 weeks, which may not be longenough for many fractional buyers. If the prices are surprisingly high or low, it should prompt you to review the details of the fractional ownership sale carefully. Future usage dates: 2023 8/5 - 8/26; 2024 8/3 - 8/24. Villa Details Maui Coming soon. The main benefit of fractional ownership . ft. Fractional ownership is usually four weeks or longer, and in some cases can be up to three months. Copyright, 1995-2015, REALTORS Association of Maui, Inc. All Rights Reserved. Call resorts directly in your desired area and ask if they are selling fractional ownership. This Deeded, One-twelfth Fractional Ownership Interest Gives You 21 Deeded Days A Yea. LuxuryFractionalGuide.com has been the trusted source for fractional developments for over 12 years. Future deeded dates: 2023 June 3 - June 24 2024 June 1 - June 22 2025 May 31 - June 21, Breathtaking views of the ocean and Molokai await you every day, during your time in this beautiful 3 Bedroom, 3 1/2 Bath residence. Your fixed time is three consecutive weeks covering Christmas & New Years Eve every year (weeks 51, 52 & 1). Future deeded dates: 2023 January 21-28, June 10 - 24 2024 January 27 - Feb. 3, June 8 - 22, Breathtaking views of the ocean and Molokai await you every day, during your time in this exquisite 4th floor 3 Bedroom, 3 1/2 Bath residence. Resort homes are easy to buy. Fractional owners usually have 6 weeks or up to 3 months of usage. Weve selected properties available across the Hawaiian Islands, to give investors a detailed picture of whats available right now. Interior Living Area: 2,689 2,905 sq. $429,000 - 3 Beds, 3.50 Baths, 2,019 Sf, $399,000 - 3 Beds, 3.50 Baths, 2,087 Sf, $179,000 - 2 Beds, 2.50 Baths, 1,776 Sf, $529,000 - 3 Beds, 3.50 Baths, 2,087 Sf, $329,000 - 3 Beds, 3.50 Baths, 2,019 Sf, $299,900 - 3 Beds, 3.50 Baths, 2,019 Sf, $428,000 - 3 Beds, 3.50 Baths, 2,065 Sf, $189,000 - 2 Beds, 2.50 Baths, 1,776 Sf, $279,000 - 2 Beds, 2.50 Baths, 1,776 Sf, $249,000 - 3 Beds, 3.50 Baths, 2,019 Sf, $229,900 - 3 Beds, 3.50 Baths, 2,065 Sf, $239,000 - 3 Beds, 3.50 Baths, 2,019 Sf, $259,000 - 3 Beds, 3.50 Baths, 2,019 Sf, $425,000 - 3 Beds, 3.50 Baths, 2,065 Sf, $199,000 - 3 Beds, 3.50 Baths, 2,019 Sf, $275,000 - 3 Beds, 3.50 Baths, 2,087 Sf, $295,000 - 3 Beds, 3.50 Baths, 2,019 Sf, $259,000 - 2 Beds, 2.50 Baths, 1,776 Sf, $139,000 - 2 Beds, 2.50 Baths, 1,776 Sf, $239,000 - 3 Beds, 3.50 Baths, 2,087 Sf, $199,000 - 2 Beds, 2.50 Baths, 1,776 Sf, Each Office is Independently Owned and Operated. Share the deeded equity benefits. 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. For 1/12 ownership, you get: Timbers Reciprocity Program (TRP) provides the opportunity for Timbers Kauai Owners to access planned vacations across the entire global portfolio of 16 resorts in the Timbers Collection.
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