The Resort at Pedregal, the premier resort in Cabo San Lucas, sits on the southernmost tip of the Baja Peninsula. Encompassing 24 spectacular oceanfront and cliffside acres and just minutes from the legendary rock arch known as Land’s End, The Resort at Pedregal is reached via the only privately owned 1000 ft long tunnel in Mexico, offering a secluded location for a private and luxurious experience.
Within this world apart, three and four bedroom beachfront villas have been offered for sale under a fractional 1/8 ownership program. This program offers owners planned vacation periods as well as spontaneous short notice travel options, majordomo service to completely pampers its’ owners, all-inclusive ownership fees as well as discounts at all of the Resorts amenities.
Currently, there exists a selected number of fractional shares offered for sale from private ownership on a re-sale basis. These shares are very competitively priced and offer all the amenities an opportunities to truly enjoy the area.
If you were wondering about the program, the following are some of the Frequently Asked Questions about Fractional Ownership in Los Cabos.
What is Fractional Ownership?
Fractional ownership is a manner on which several unrelated parties can share in the ownership, managing costs and usage of a real estate property.
Are The Resort at Pedregal Fractional Ownership a typical timeshare?
No. Fractional Owners at the Resort enjoy abundant and flexible use with the ability to request lodging well in advance or at the last moment similar to the use privileges of full ownership. Successful people are adopting the fractional ownership way of enjoying luxury assets while avoiding the costs and hassles of full ownership. Fractional ownership represents the fastest growing segment of the luxury vacation home, private jet and yacht industries.
What are the special features of the Residences?
The beach front fractional ownership Residences offer three and four bedrooms of around 3,916 square feet of elegant living space. Each residence features custom furnishings, decorations and accessories, two master suites, a Viking equipped kitchen and two private splash pools.
Can I own real estate in Mexico?
Yes. The Resort at Pedregal Owners have full control over their real estate via a real estate bank trust called a “Fideicomiso”. A Fideicomiso is much like a living trust in the United States where the trust holder retains all of the rights of ownership including the exclusive right to mortgage, improve, rent, sell or transfer ownership to whomever they choose at whatever the market price is.
What is provided in the Ownership Annual Fees?
The Owners Annual Fees provide for all of the management, operations and maintenance costs for the Residences including the furnishings, Majordomo, utilities, local transportation, insurance, interior and exterior maintenance, housekeeping, cable TV, wireless internet service, taxes and landscaping.
For more information about Fractional Ownership at The Resort at Pedregal visit www.resortatpedregalsales.com