advantages over TRADITIONAL fractional ownership

Private Co-ownership is a unique form of fractional ownership that fills the need for a shared ownership model that allows you and your family to deepen the relationship with a special destination, as well as with each other, and do so in an investment-savvy way. Each time Elite acquires a vacation home, we ask ourselves “Is this something we would do?” Given that we own the home while we are looking for the right group of owners we have to be completely confident in the soundness of the investment. This sensible and insightful model is the product of 38 years of experience creating successful real estate partnerships.

Elite’s business model distinguishes itself from fractional ownership and other vacation home offerings in some fundamental ways

Privacy: Elite Destination Homes co-ownership groups are very small, typically no more than five owners per home. Typical fractional ownership offerings, with as many as 16 owners per property, cannot deliver the level of privacy and pride of ownership that Elite offers.

Value: We are savvy buyers and have a fair fee structure, which enables our owners to enjoy stronger appreciation potential than with fractional ownership. Click here to see a comparison of fees charged by traditional fractional ownership offerings.

Fit: We have a unique mutual due diligence process that assesses whether Private Co-ownership is right thing for you. More info

Property Management and Concierge Services: We not only take care of all aspects of property management and administration, but also pamper you with a comprehensive suite of concierge services to assure that your vacations are memorable, meaningful, and totally trouble-free.

Rental Income: We rent out the weeks that you are not in residence in order create an income stream for you. Unlike other forms fractional ownership, we do not take a commission on rentals.

Variety: Through Elite Exchange, owners in an Elite property may stay at any of the homes in our portfolio. Elite’s reservations team easily and seamlessly facilitates exchanges.

For many, Elite Destination Homes Private Co-ownership is a far better approach than traditional fractional ownership, destination clubs, and private residence clubs and even whole ownership. In fact, our clients think it’s the smartest way to own a vacation home.

Click here to learn about Co-Ownership I