Reef Residences - Fractional Ownership

Benefits of owning a private residence club.

A new way to own a vacation home - shared ownership of vacation homes, also called private residence clubs, is a new concept that allows you to enjoy four to twelve weeks of home ownership privileges per year at a luxury resort but at a fraction of the cost of whole ownership.
This is not to be confused with time share.

·	Allows you to own vacation property with an affordable investment
·	Forces you to take a break and revive your senses
·	Gives you the benefit of controlling your vacation costs forever
·	Own only what you need
·	Always check into a Full Service suite instead of a hotel room
·	Enjoy the convenience and savings that come with a full kitchen
·	Luxury of a full service resort personalising your every desire
·	Internet and Wi-Fi Network Service
·	Health Spa on the site
·	Fitness Centre with state-of-the-art health club equipment located on site
·	Comfort of knowing our experienced and highly skilled resort team will expertly manage your suite.
·	Beach Cafe at Coral Gardens resort - immediately next door.

In the US, the first fractions or shares were in major ski areas out west, particularly Colorado, where real estate was so costly that wholly-owned second homes were out of the question for most people. Eventually they spread to northeastern ski areas. Since then shared ownership has begun appearing in golf-orientated communities like Hilton Head Island, South Carolina and popular beach states like Florida. Fractional or Residence clubs have sprung up in exclusive, world class resort destinations worldwide. Turks and Caicos, Grand Cayman Islands, Nevis, St. Kitts, Panama and other world-wide locations.

HASSLE-FREE OWNERSHIP - Part of the appeal of shared ownership is that they are completely hassle-free. In addition to having a staff for personalised service at your disposal, as a private residence club you never have to worry about utilities, repairs, maintenance or housekeeping. Everything is included in the price. The property is taken care of by the professional management comapany.

PRICES - to buy a share, you pay a one-time purchase price and then a yearly upkeep fee that covers all of the expenses associated with property ownership and its use and services. What do shares cost? Prices vary based on the size, amenities and location of the individual property. Keep in mind that these are truly top-of-the-line condominiums that would cost you five to ten times as much if purchased outright as wholly-owned vacation condominiums.

WHY SHOULD I BUY A FRACTIONAL INSTEAD OF A WHOLLY-OWNED SECOND HOME? - People who buy a share recognise that they would be spending more than a couple of months a year at their vacation home. With a fractional you can get the quality and level of luxury you want and only pay for the "fraction" of time you actually plan to use the home. And you never have to be concerned with finding renters for the months you're not there.

Immerse yourself in the
Reef Residence Club Experience
FOUR weeks every year
TWO winter/TWO summer

What are the benefits?

One-Bedroom
Upper Floor 725 sq ft including balcony

One-Bedroom Ground Level 1547 sq ft including courtyard

Three-Bedroom Upper Floor
1825 sq ft including balconies

$69.000

$99.000

$150.000