CO-OWNERSHIP OFFERING I
Join an existing Elite fractional vacation home
We acquire fantastic luxury vacation properties in some of the world's most exciting, exclusive, and desirable destinations. We then invite investors to join small private groups to co-own them. We have a very precise set of criteria by which we select properties for our portfolio. The first features and characteristics we look for include:
- "WOW" factor = spectacular locations, interiors, comfort, and amenities
- Locations with strong real estate market fundamentals
- Properties of standing, in exclusive and desired locations
- Strong rental income potential
- Typical value of $2,000,000 to $4,000,000
Your co-ownership share entitles you to occupy your home for up to ten weeks each year. In homes with fewer than five owners, each owner has more than ten weeks. Owners may choose how to divide their time between personal use and rental. Elite has the capabilities and expertise to maximize rental income for unused time. The rental revenue helps cover operating costs, mortgage payments, and enhances the value of your real estate investment.
Since we assemble the ownership group, manage and maintain the property and market and rent the time you are not in residence, ownership is completely headache free.
Co-ownership I allows you to:
- Realize a personal dream for you and/or your family
- Acquire an amazing vacation home at a fraction of the cost of whole ownership.
- Earn rental income (if desired)
- Avoid any and all property management (e.g. bill pay, maintenance & repairs)
- Receive annual reports on your property
- Enjoy Elite concierge services
- Access Elite homes in other destinations through Elite Exchange
Learn about Co-Ownership Offering II