Let’s face it. Kauai Real Estate is not cheap. If you want to have a second home or vacation home on an island that is arguably one of the best in the world, you are going to have to pay for it. Especially if you are looking for a home that is right on the water or near any kind of resort area.
Most homes is these areas are going to run north of $2,000,000. Which for some people is just another drop in the bucket. But for most people, it is hard to justify buying a vacation home at that price that you will use for maybe 3-6 weeks out of the year. Not to mention having to deal with having someone manage the rental program, if that is what you want to do when your away, or having to worry about maintaining the home.
This is where fractional ownership is a great alternative. You can own a deeded interest in a high-end luxury home, that is on the water, in a resort area, that would normally cost you more than $2,000,000 for a fraction of the cost. In return, you use the home for the 3-6 weeks out of the year that you would normally use it for. That is how many private residence clubs operate and is what you can do at Timbers Kauai.
Other benefits to the fractional model are that you don’t have to worry about maintaining your property. All the maintenance will be taken care of by the club. You can get straight to relaxing and enjoying your vacation and not worry about fixing this or trimming that.
Another benefit to owning in a private residence club is that your home will have all the amenities of a 5 star resort. That means top of the line furnishings, spa, multiple pools, fitness center, a concierge, and activities close by. You can even have your home stocked with groceries before your arrival! No longer are you having to battle the crowds at grocery stores to get your supplies before showing up to your home. If you have been to Kauai’s Costco when the planes are landing you see how it might look like a scene cut straight of out of the Hunger Games.
The reasons above are just a few of the reasons of why fractional ownership might be right for you. Many people around the world see the benefit of this model and believe fractional is the way to go.
If you would like to learn more about fractional ownership opportunities here on Kauai then please don’t hesitate to reach out. My contact info is below.
Until then… ALOHA!