Fractional Ownership in Cabo San Lucas

One of the fastest-growing trends in the travel industry is the meteoric rise of fractional ownership, particularly in Mexico’s most beautiful coastal cities, such as Cabo San Lucas. Unlike a loathsome timeshare, fractional ownership includes the tangible purchase of real estate to go along with the many perks of possessing a luxury home in a dream-like destination. And, thanks to Elite Destination Homes’ team of dedicated owner concierges, you’ll never have to agonize over property management, scheduling, or transportation. Elite expertly manages fractional ownership properties in Manhattan, Paris, and the Caribbean. But today we’re going to focus on Mexico’s finest playground: Cabo San Lucas. What Is Fractional Ownership? Simply put, fractional ownership is a common investment structure for an expensive asset, such as a vacation property. Individual shareholders can purchase a percentage of the ownership, which, of course, includes a bevy of benefits. Fractional ownership is ideal for those who travel or vacation often but don’t want to pay the seven-figure price tag of a luxury vacation home. By splitting the cost with several other shareholders, owners can maintain a permanent residence while possessing the ability to get away at a moment’s notice. Elite’s concierge team can arrange everything from [...]