Comments on: Caribbean Real Estate Fractional And Condo Markets Continues To Thrive!!! http://www.caribbeanislandsrealty.com/real-estate/caribbean-real-estate-condo-fractional-markets-continues-to-thrive/ Gales, Tales & Rales from 35 years in the Caribbean. Real Estate Agents you will love to write home about! Thu, 06 Jan 2011 16:44:49 +0000 hourly 1 http://wordpress.org/?v=3.1.3 By: Vacation Condo http://www.caribbeanislandsrealty.com/real-estate/caribbean-real-estate-condo-fractional-markets-continues-to-thrive/comment-page-1/#comment-716 Vacation Condo Thu, 22 Jan 2009 08:22:32 +0000 http://www.caribbeanislandsrealty.com/real-estate/caribbean-real-estate-condo-fractional-markets-continues-to-thrive/#comment-716 This marvelous place is perfect to adventure seekers like me.Thanks for posting this interesting topic. -Sarah This marvelous place is perfect to adventure seekers like me.Thanks for posting this interesting topic.

-Sarah

]]> By: Jim Walberg http://www.caribbeanislandsrealty.com/real-estate/caribbean-real-estate-condo-fractional-markets-continues-to-thrive/comment-page-1/#comment-270 Jim Walberg Mon, 21 Jul 2008 21:04:55 +0000 http://www.caribbeanislandsrealty.com/real-estate/caribbean-real-estate-condo-fractional-markets-continues-to-thrive/#comment-270 Hi Courtney, It is our pleasure to feature such high quality luxury real estate opportunities for our readers. What your group is producing in the Caribbean is AWESOME! We look forward to learning more about the new projects I have heard are coming on line. Keep me posted. Until next time...fair winds. Hi Courtney,
It is our pleasure to feature such high quality luxury real estate opportunities for our readers. What your group is producing in the Caribbean is AWESOME! We look forward to learning more about the new projects I have heard are coming on line. Keep me posted. Until next time…fair winds.

]]> By: Caribbean Residence Clubs http://www.caribbeanislandsrealty.com/real-estate/caribbean-real-estate-condo-fractional-markets-continues-to-thrive/comment-page-1/#comment-269 Caribbean Residence Clubs Mon, 21 Jul 2008 20:56:59 +0000 http://www.caribbeanislandsrealty.com/real-estate/caribbean-real-estate-condo-fractional-markets-continues-to-thrive/#comment-269 Hi Jim, Great post…fractional ownership and private residence clubs are growing fast in the vacation real estate market, and the Caribbean is certainly a hot market right now. Thank you for mentioning our properties and we look forward to working with you more! Kindest Regards, Courtney Hi Jim,
Great post…fractional ownership and private residence clubs are growing fast in the vacation real estate market, and the Caribbean is certainly a hot market right now. Thank you for mentioning our properties and we look forward to working with you more!

Kindest Regards,
Courtney

]]> By: Jim Walberg http://www.caribbeanislandsrealty.com/real-estate/caribbean-real-estate-condo-fractional-markets-continues-to-thrive/comment-page-1/#comment-197 Jim Walberg Sun, 27 Apr 2008 21:17:43 +0000 http://www.caribbeanislandsrealty.com/real-estate/caribbean-real-estate-condo-fractional-markets-continues-to-thrive/#comment-197 Hello Tom, Thank you for your insightful comments as to what is happening in the condo and fractional markets in the Caribbean. One of the great products your development is offering is "condo-hotel" units, which are one of the best buys I have seen in the Caribbean. I continue cheering for you and the developer as the create one of the most interesting projects I have seen in the Caribbean for a long time - a recreation of the art deco era of South Beach Florida. Hello Tom,
Thank you for your insightful comments as to what is happening in the condo and fractional markets in the Caribbean. One of the great products your development is offering is “condo-hotel” units, which are one of the best buys I have seen in the Caribbean. I continue cheering for you and the developer as the create one of the most interesting projects I have seen in the Caribbean for a long time – a recreation of the art deco era of South Beach Florida.

]]> By: Tom McPeak, Ph.D. http://www.caribbeanislandsrealty.com/real-estate/caribbean-real-estate-condo-fractional-markets-continues-to-thrive/comment-page-1/#comment-196 Tom McPeak, Ph.D. Sun, 27 Apr 2008 21:08:50 +0000 http://www.caribbeanislandsrealty.com/real-estate/caribbean-real-estate-condo-fractional-markets-continues-to-thrive/#comment-196 Jim: Very good point you make about the global trend toward fractional ownership. While the concept of shared ownership has been with us for many years, the reasons for it seem to be gaining momentum: One big reason is that fractional ownership allows greater numbers of buyers to purchase and hopefully enjoy appreciation of their fraction of the asset; Another big reason is increased profitability to the Developer, and/or developments that can only be justified at a higher net price per square foot; Also, higher per square foot prices justify more and better amenities, resulting in a more attractive development that retains its value. Moreover, there is little difference in owning 100% of a unit that is placed in a rental pool, and owning 12.5% and sharing with seven other owners, i.e. in either case, other people will use the unit when you are not there. Personally, I prefer sharing a unit with seven owners to an unknown number of "renters". If I am dependent on rental income to justify some portion of my total cost of ownership, it would seem better to KNOW it is covered by other fractional owners rather than HOPE it will be covered by perhaps less predictable rental income. Thank you for mentioning SOUTH BEACH BELIZE as one of the BEST DEALS in the Caribbean. As the U.S. Sales Administrator for South Beach Belize, I have first hand knowledge, and know you are correct! Thanks for your very informative BLOG. Keep up the good work! Sincerely, Tom McPeak, Ph.D. Jim:
Very good point you make about the global trend toward fractional ownership. While the concept of shared ownership has been with us for many years, the reasons for it seem to be gaining momentum: One big reason is that fractional ownership allows greater numbers of buyers to purchase and hopefully enjoy appreciation of their fraction of the asset; Another big reason is increased profitability to the Developer, and/or developments that can only be justified at a higher net price per square foot; Also, higher per square foot prices justify more and better amenities, resulting in a more attractive development that retains its value.

Moreover, there is little difference in owning 100% of a unit that is placed in a rental pool, and owning 12.5% and sharing with seven other owners, i.e. in either case, other people will use the unit when you are not there. Personally, I prefer sharing a unit with seven owners to an unknown number of “renters”. If I am dependent on rental income to justify some portion of my total cost of ownership, it would seem better to KNOW it is covered by other fractional owners rather than HOPE it will be covered by perhaps less predictable rental income.

Thank you for mentioning SOUTH BEACH BELIZE as one of the BEST DEALS in the Caribbean. As the U.S. Sales Administrator for South Beach Belize, I have first hand knowledge, and know you are correct!

Thanks for your very informative BLOG. Keep up the good work!

Sincerely,

Tom McPeak, Ph.D.

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