Deeded title fractional ownership is not timeshare and has the same options, closing services and
closing costs as full ownership. In fact the only fractional ownership listings allowed on the multiple
listings service must have a fideicomiso title and ownership can not be limited in duration. In this
installment we are going to explore the top fractional ownership options in Los Cabos.
The New Normal.
Investors worldwide have embraced the idea of sharing the costs and benefits that fractional ownership allows. Whether you are buying into a fractional yacht, jet or vacation property, the advantages of owning only the amount of time you desire has become the new normal.
First up is El Encanto de la Laguna.
This project is just east of Puerto Los Cabos marina and is considered the beginning of the East Cape. While only a short drive from San Jose, El Encanto feels like it’s a world away from Los Cabos. Your purchase is in two week increments and the time and unit is fixed. Starting at only $30,000 plus closing costs this is by far the most affordable fractional option. These two and three bedroom condos are within the gated community and have access to pools, beach club, restaurant and all the amenities of this well respected beach front community. The top end of the price range is a top floor three bedroom unit priced at $116,500 for the second half of November. The east Cape lifestyle is infectious with swimmable beaches, surfing, fishing, ATVs, turtle releases, horseback riding and a relaxed beachfront way of living.
Second on our list is Villa la Estancia right on Medano Beach. The current listings are from 1/8 to 1/4 share options. Starting with a 2 bedroom 6 week program priced at $129,000. This 2100 sq ft condo is in the heart of Cabo San Lucas. Owners share the unit and have a rotating calendar.
The larger 3 bedroom 1/4 share units have huge decks, sweeping lands end views and range in price from $320,000 to $843,000. This is a true resort style option with plenty of amenities. Enjoy the fitness center, world class spa, casual outdoor dining, fine ding, marketplace, huge pools and hot tubs with a view.
Next up is Esperanza at Punta Ballena, an Auberge property that has Hotel, fractional and full ownership options. This gated community is a world class resort and the amenities are amazing. Starting at $105,000 for a two week increment in a two bedroom ocean view condo. These units are tastefully furnished with granite and marble, stainless appliances, generous outdoor living space and is managed like a 5 diamond resort. At the top end of the fractional option is a large 4 bedroom condo, 1/8th fraction for 6 weeks. Priced at $310,000 for 4500 sq feet of Cabo ownership.
Our final option for fractional ownership is The Resort at Pedregal, located on southern most beach on the Baja. The grand entrance to this resort is thru a 1000 foot chandelier lit tunnel. This stunning arrival is eclipsed only by the feeling of serenity and opulence that the resort achieves. Fractional ownership here is in 6 week increments and range from $390,000 for a 3 bedroom unit to $440,000 for the four bedroom. All have commanding views. Owners are subject to rotating planned weeks and pay quarterly dues. Enjoy unprecedented 5 diamond amenities at one of the top resort residences in the world. The 3 bedroom 3.5 bath oceanfront villa is approx. 2800 sq ft of luxury living. The 4 bedroom 4.5 bath comes in at approx. 4,000 sq ft. Both have exceptional attention to detail and generous outdoor living space. The Resort at Pedregal has been voted the #1 resort in Mexico by Condé Nast and for good reason. Owners enjoy pre-arrival shopping, airport shuttle, 24 hr concierge and personal butlers with a legacy of sophistication and five diamond services.
All four of these amazing fractional ownership options offer Third Home as an exchange program. Members get access to over 9000 million dollar vacation properties in over 90 countries. So you don’t have to compromise with just one second home. Travel like a billionaire for a small fraction of the price.
By Sandra Morgan, Broker of Cabos Finest Real Estate, www.CabosFinest.com. Contact Sandra at cell: +521-624-115-2703 or office: +52 624-104-3944