ownership header

What is Fractional Ownership?

Fractional ownership is the sharing of valuable real estate usually in the form of vacation resort properties. With the rising costs of popular vacation destinations, fractional or co-ownership is becoming more and more an integral part of the vacation industry. This form of co-ownership means that the capital outlay will be far less than if you were to purchase a second home. It also means that your annual operating costs are now a fraction of the total cost as they are shared among the fractional co-owners.

Not to be confused with traditional "Timeshare", fractional ownership offers so much more with the biggest differences being that co-ownership is sold with deed and title of a particular unit. At the Paradise Resort Club, we offer a predetermined exit strategy that allows for a return on investment upon resale at the end of the ownership period. Although there is a management company appointed to operate the resort, an owners association is in place to make decisions as voted upon and on behalf of all the owners.

All fractional interests are backed by title and are held in trust in Alberta by Canmore Title Services.

How Does Our Program Work?

With your purchase, our program grants you access to the weeks with the highest demand – unlike most fractional programs which force you to pay for undesirable weeks that go unused and unwanted. A predetermined use right schedule equally distributes all prime and shoulder season weeks over the span of an established 10 year calendar. For each 3/52nd interest (3 titled weeks), the schedule allows for 1 summer or holiday week and 2 additional float weeks per year.

While we would never discourage anyone from purchasing a whole ownership suite, many of our investors today have discovered that shared ownership of real estate combines smart asset allocation with the security of deeded ownership.

Our fractional co-ownership interests are available in increments of 3 titled weeks (3/52nds of a condominium unit) and start as low as $18,000.00 CAD.

What are the benefits of Fractional Ownership?

Own A Vacation Home – Relax and unwind in your fully furnished 1 or 2 bedroom vacation suite nestled in the beautiful Rocky Mountains. You may split weeks into a 3 night weekend and use the 4 night mid week stay at a later date.

Exchange Your Vacation Home – Change your home resort for similar accommodation at more than 2,000 resorts in over 75 countries around the globe through our affiliation with Interval International (Quality Exchange Network). Enjoy luxury resort brands such as Marriott, Westin, Sheraton, Four Seasons and many other fine resorts worldwide.

Rent Your Vacation Home – If you find yourself unable to use your time at any point you can rent your property for a return to help cover any ongoing costs of ownership. The rental program offers a 80/20 spilt in your favour.

Share Your Vacation Home – Give your friends and family the gift of visiting the Bow Valley's newest luxury property. Allow them the opportunity to spend some time in the incredible Canadian Rocky Mountains.

Our Exit Strategy

What sets this ownership model apart from others is the exit strategy. With most fractional programs you are left to your own devices if you wish to resell your fractional interest. We have predetermined the resale of your interests at the end of the mortgage period. We intend to reassemble the fractions and sell the condo to an individual buyer (not as fractions) and the proceeds will be divided amongst the fractional owners. This resale strategy can be altered at the sole discretion of the owner's association.

Email or Call (403) 996-0607 for more information!
Register now and receive a complimentary stay