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Reply #14: It's not time share and it would gain equity [View All]

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Quixote1818 Donating Member (1000+ posts) Send PM | Profile | Ignore Sun May-15-05 11:59 PM
Response to Reply #13
14. It's not time share and it would gain equity
An Investment in Equity:
A common misconception when a vacation property is divided such as this, is that fractional ownership is the same as time-share. Time-share cannot compete with fractional ownership on any level. With a typical time-share, a purchaser is only buying a right to a block of time usually in a hotel type atmosphere. But with the Las Palmas residential resort property, you are buying a legally titled, beneficial interest in the property and the property is a beautifully furnished condominium or beach home. As an owner, you have full rights of ownership, including selling to others, leasing, giving it away, and passing it to future generations. As real estate of course, you will experience real estate appreciation over time.
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