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Thursday, 20 November 2008 19:00 |
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The Abaco Club on Winding Bay, A Ritz-Carlton Managed Club, opened its initial phase of Ritz-Carlton Club fractional ownership residences. This secluded residential development and sporting retreat known for golf, beach and boating pursuits, now offers five newly-renovated cabanas to fractional ownership Members. |
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Last Updated on Wednesday, 14 April 2010 19:12 |
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Wednesday, 19 November 2008 19:00 |
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Bellstar Hotels & Resorts and Olympus Resorts have contracted wine personality David Scholefield to consult on the development The Reserve Collection an exclusive collection of private residence clubs in handpicked vineyard locations around the world. Scholefield will lend his professional identity as a foremost wine expert in the Canadian wine industry to create the multi-faceted ultra-luxury residences. |
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Last Updated on Tuesday, 18 November 2008 13:06 |
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Tuesday, 18 November 2008 08:38 |
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The luxury fractional segment of the vacation home market will be the first to rebound from the current real estate morass, according to Dr. Richard Ragatz, well-known real estate researcher. |
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Last Updated on Tuesday, 18 November 2008 10:54 |
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Monday, 19 November 2007 13:26 |
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The 80/50 private residence club is named after its elevation at the entrance to the new Village in Mammoth Lakes, California, 80/50 Mammoth is the latest addition to the expanding collection of luxury private residence clubs throughout the world. 80/50 Mammoth private residence club will not only be synonymous with resort elegance, style and design, but also will set a new tone of style and sophistication in Mammoth. |
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Last Updated on Saturday, 25 April 2009 19:56 |
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Sunday, 07 October 2007 16:49 |
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The Trapp Family Lodge in Stowe Vermont is offering a special 2 night stay through December 15, 2007. Visitors can see the new Villas at Trapp Family Lodge - a Private Residence Club, offering both full and fractional ownership. |
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Last Updated on Thursday, 30 April 2009 14:14 |
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Tuesday, 05 December 2006 10:45 |
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Located on the crescent on the Palm Jumeirah in Dubai, the new Fairmont Heritage Place Private Residence Club, will have 50 luxury duplex apartments with sea views. This unique man-made island, in the shape of a palm tree, consists of a trunk, a crown with 17 fronds, and a surrounding crescent island that forms a water-breaker. The club is located in the Kingdom of Sheba, a brand new resort covering 141,500 sq. metres on the crescent in Dubai. Many of the private residence club apartments have private terrace pools. Owners will also have access to a private clubhouse, swimming pools and private beach access. Members can also trade their time with other Fairmont Heritage Place properties or Fairmont hotels worldwide. The project is due for completion in 2010. Overall The Palm is one of the most interesting property developments in the world and has attracted a lot of buyers from both Europe and Asia as well as the Middle East. |
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Last Updated on Tuesday, 05 December 2006 15:20 |
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Saturday, 20 October 2007 11:44 |
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First Fractional Funding opened its doors in May 2006 and specializes exclusively in fractional, or partial interest, funding of properties. |
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Last Updated on Wednesday, 14 April 2010 19:09 |
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Wednesday, 06 December 2006 10:53 |
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The Magellan, an 860 ft long, luxury residential cruise ship will be completed in 2009. The ship will offer both full ownership and fractional ownership in a variety of suite sizes. Owners will be able to circumnavigate the globe every two years, with stops at 150 ports of call each year. This is clearly not your typical Private Residence Club, and is the first vessel we've seen of this size to offer fractional ownership. |
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Last Updated on Wednesday, 06 December 2006 10:57 |
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Monday, 04 December 2006 10:22 |
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The Boston Globe had it's lead real estate article on a new Private Residence Club, "The Vanderbilt", that is being created in Newport, Rhode Island. The building was originally built as a mansion by the Vanderbilts nearly a century ago. The Globe interviewed some of the fractional owners at this new property and their reasons for buying were very typical of the comments we hear all the time, including: - the time to have fun without any of the normal work associated with owning property
- the relaxing, easy living that it provides
The other features that the Globe noted were also very typical of most Private Residence Clubs, with the ability to swap their interests at a network of other properties, the luxury quality of the decor and fittings and the flexibility to use various suites at various times. In quoting the resort consultancy Ragatz Associates, the Globe also confirmed what we continue to hear, that the "resale prices keep pace with the general real estate market". |
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