Fractional Ownership in Luxury Real Estate Takes Unique Direction

Seattle based Global Residence Club announces a new luxury home in Acapulco, Mexico recently added to their fractional ownership program. Fractional Ownership is the fastest growing segment in the real estate industry. Global Residence Club is a Private Residence Club that provides equity investments into prestigous homes in the best resort destinations throughout the world for a fraction of the cost.

Seattle, WA (PRWEB) April 11, 2005 -- Global Residence Club, a Seattle headquartered private residence club that markets and sells fee simple fractional ownership interests in luxury homes, ranches and estates throughout the world announces its newest property, Villa Toscana, located in the 5 Star resort enclave of Punta Diamante in Acapulco, Mexico. Undivided, title insured, deeded tenant in common interests are now selling for $420,000 USD. Each share guarantees the owner 45 days of prime usage, alternating annually into perpetuity.

Villa Toscana, a 13,000 square foot luxury home built from traditional Mediterranean architecture with a modern flare is located within the gated community of Punta Real Diamante, which has become legendary for integrating an exclusive residential concept with amenities dedicated to relaxation and the total satisfaction of its residents.

Resort amenities include two swimming pools, gardens, restaurants, spa and a beach club. The nature friendly development has streets made of stones and boasts beautiful stone printings that entail images of pre-Hispanic art. The development was made with extreme responsibility and posses a unique artisan quality.

Global Residence Club properties whether located in gated resort enclaves or not include lavish resort style amenities. Every home includes a variety of recreational equipment, luxury vehicles, and where feasible, golf memberships, fully loaded sportsfishing yacht or sailboat, onsite concierge, house cleaning, maintenance personnel, private chef, masseuse, spa services and local tour guides.

President, Travis Moegling comments, “Our business model is largely based on our tagline of ‘Paradise for Life’ We’ve created an opportunity for persons of varying incomes to invest in exceptional legacy properties and capture real brick and mortar appreciation in stellar homes and usually far less than the down payment would be on a home of this caliber. Our mission is focused on building lifelong owner relationships rather than the mass-merchandising of property. Our primary strategy always has been geared towards creating direct partnerships with savvy persons and companies who understand and cherish the value associated with fractional ownership and who want to experience the lifestyle that only Global Residence Club provides. At the end of the day, it clearly is common sense ownership.”

Villa Toscana embodies the adventure of tropical living. Ownership of this home includes a new 42 foot fully loaded sportsfishing yacht, luxury vehicle, golf membership, onsite concierge services, housecleaning, availability of private chefs, masseuse, tour guides and a variety of world-class recreational equipment including, golf cart, mountain bikes, sea kayaks, surfboards, scuba gear, fishing equipment and much more.

Owners of Global Residence Club luxury homes have guaranteed annual availability that is determined from the percentage of the home they own outright. Owners are completely removed from the month to month hassle of management and maintenance duties. Through shared ownership, owners pay only for the fraction owned and pay only that fraction of the annual operating expense. Anytime – Anywhere space availability provisions are available for each owner year-round.

The Global Residence Club provides a unique opportunity for owners of luxury homes, mega-estates, yachts, jets, ranches and other luxury assets to owner finance their asset into the program and dilute their costs while retaining a fractional interest that best corresponds to their anticipated annual usage.

Global Residence Club is a Seattle based Limited Liability Company that specializes in the marketing, sales and management of fractional ownership luxury homes. The company is a subsidiary of Global Shares Inc. also headquartered in Seattle, Washington. Global Residence Club through a proprietary reservation system known as Owners First, integrates opportunities with Global Yacht Club, Global Jet Club and Clearwater Resorts, all subsidiaries of Global Shares Inc.

For more information refer online to www.globalresidenceclub.com, phone toll free 877-624-2345 or e-mail, e-mail protected from spam bots

Interview Contact:
Travis Moegling
206-267-5412
e-mail protected from spam bots

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Source: http://www.prweb.com/releases/2005/4/prweb227446.htm