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Royal Aloha Vacation Club Honolulu, Hawaii: United States 8 [18] 160 [18] 8,500 [18] Vacation Internationale Bellevue, Washington: United States, Mexico, Canada 44 [19] 42,000 [19] Multi Resort Ownership Plan Salt Lake City, Utah: United States, Mexico 40 [20] Landex Resorts International, Inc Lehigh Acres, Florida: United States 1 [21] Global ...
British-born John Spence (born 23 February 1961)Spence founded the company Royal Resorts in 1993. [6] The group's first property was purchased in Goa on the west coast of India. The company sold fractional ownership in these Goa properties directly to India's middle class, then to affluent expatriate Indians living in Dubai and Oman.
Fractional ownership is a method in which several unrelated parties can share in, and mitigate the risk of, ownership of a high-value tangible asset, usually a jet, yacht or piece of resort real estate. It can be done for strictly monetary reasons, but typically there is some amount of personal access involved.
Fractional ownership companies like Pacaso and Colorado-based Lifestyle Asset Group buy expensive homes in resort destinations, like the Cape and Islands, sunny Los Cabos, or top ski destination ...
Many of us have dreamed of owning a vacation home, but few of us can afford the investment. A study by Statista shows that only 6.02% of individuals between the ages of 30-49 own a second home, and...
The New York Times reports that fractional ownership of real estate -- which the newspaper calls a "step up from timeshares -- is gaining popularity among home owners desperate for cash. You get ...
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