The HOA must allow it. Your fixed time is two consecutive weeks in late March and early April each year (weeks 12 & 13) plus one float week (in late August through early October). Every day on property you will be pampered by the Montage staff, the daily housekeeping, your assigned concierge, not to mention the in-residence dining, signature restaurant, kids programs, lagoon pools and much much more. Please be nice. The 24 acre resort is the ideal destination to embrace island hospitality and authentic culture. Save Search Show Map Active 3-D Tour Residences on Kapalua Bay 1 Bay Dr 4504, Kapalua $179,000 - 2 Beds, 2.50 Baths, 1,776 Sf MLS # 397639 Fee Simple Keller Williams Realty Maui-L Pending 3-D Tour Residences on Kapalua Bay 1 Bay Dr 3705, Kapalua Since the market for fractional ownership is much smaller, selling your share can be difficult. Popular fractional opportunities in Hawaii are located throughout Kauai and include the new Timbers Maliula Residence Club. Every day on property you will be pampered by the Montage staff, the twice daily housekeeping, your assigned concierge, not to mention the in-residence dining, signature restaurant, kids programs, lagoon pools and much much more. Be clear on exactly what your expectations are. The Video/Virtual Tour depicts the interior floor plan/furnishings of an identical floorplan but a 3BR (ignore the rear BR with 2 beds). Call resorts directly in your desired area and ask if they are selling fractional ownership. These are notoriously hard to navigate and resell. LuxuryFractionalGuide.com has been the trusted source for fractional developments for over 12 years. Your allocation of hours is dependent upon how much of the jet you own. Fractional ownership has long been a way for multiple buyers to share in owning a home in Hawaii most often a pricey vacation property on a Neighbor Island. Fractional ownership is the fastest growing segment of the real estate industry today. View Hawaii Fractional Ownership homes priced over $50,000 at Luxury Fractional Guide. With fractional ownership, there are more considerations than when you are the sole owner of the property. While the tranquility and seclusion of the residences may tempt those with a large enough budget, Timbers is not an investment property regardless of what the real estate team says. It has been provided by sources other than the Realtors Assoc. This was an increase of more than 7% compared to 2021, and up about 65% compared to the reduced pandemic levels in 2020. Starting at $445,000. Bedrooms 3.5 Sleeps 7 Bathrooms 3 Pool Located on the Big Island, your M home is situated in a gated community within the heart of the Mauna Lani Resort. Year-round access guarantees a luxurious private vacation home that is as effortless as it is enjoyable, with services and amenities that rival the grandest five-star resorts. DMCA Notice. Here you'll find 47 private residences offering whole and fractional ownership opportunities as well as vacation experiences. Determine if the financial contributions are split accordingly. All are three weeks of ownership granting you a 1/12 th ownership interest in a luxurious two bedroom or three bedroom villa. Annual fees are $1,000 per year, increasing with inflation at approximately 3.0% annually. This money will be essential for dealing with unplanned maintenance issues that may arise and will also give you a fund for updating the property over time. Residents and guests alike enjoy West Maui's best spa and fitness center, 8,500 of lagoon style pools, fine dining at the Cane and Canoe Restaurant. Your fixed time is three consecutive weeks in mid February each year (weeks 6, 7 & 8). A one-eighth share of a three-bedroom lodge in the Timbers Company fractional ownership development runs about $430,000, plus yearly . Lanai: 733 812 sq. , Pictured: Entrance to Oneloa Subdivision in Puna. At every turn, a true sense of balance and harmony as you relax and enjoy all?suite accommodations, inspired cuisine, championship golf, water sports, and an award winning Hawaii inspired spa. 1/6th deeded fractional interest. Every day on property you will be pampered by the Montage staff, the twice daily housekeeping, your assigned concierge, not to mention the in-residence dining, signature restaurant, kids programs, lagoon pools and much much more. Every day on property you will be pampered by the Montage staff, the twice daily housekeeping, your assigned concierge, not to mention the in-residence dining, signature restaurant, kids programs, lagoon pools and much much more. Copyright 2016, Hawaii Information Service. Your fixed time is two consecutive weeks in late February early March each year (weeks 8 & 9) plus one float week (in late August through early October). It must be a new condo. There are three main exchange services for fractional properties. This deeded, one-twelfth fractional ownership interest gives you 21 deeded days a year plus access to additional days on a per diem basis. Get started on your dream home search today! Simply put, fractional ownership is a partnership in which a group of like-minded investors join forces to purchase a property. The 3D tour is an actual video of this units views, as it was taken from 3705's lanai. Every day on property you will be pampered by the Montage staff, the twice daily housekeeping, your assigned concierge, not to mention the in-residence dining, signature restaurant, kids programs, lagoon pools and much much more. Specify all contingencies, including home inspection and any repairs to the property. fractional property, Your email address will not be published. Every day on property you will be pampered by the Montage staff, the twice daily housekeeping, your assigned concierge, not to mention the in-residence dining, signature restaurant, kids programs, lagoon pools and much much more. These homes come with amenities and may be situated on golf courses, have ocean views, and have spa facilities. Of course, that isn't always the case but it is very commonly seen in popular resort destinations. New Development, One example of this is Timbers Kauai, where fractional ownership runs in the $300k+ range on cost (for a just a few weeks of usage!). Intervals are listed for sale with us by individual owners. The 3D tour is an actual video of this units views, as it was taken from 4604's lanai. The Stice Team of Hawaii Life Vacations is stoked to share our newest high-end vacation rental offering in Wailea, Maui:Hoolei , There are different kinds of ownership in Hawaii. Worried about resale options. I have been told never to give two children equal shares. The biggest new fractional player in Hawaii is Pacaso, which announced in March that it had entered the local market with its purchase of a luxury three-bedroom condominium at the Kapalua Resort on Maui. Determine an exit strategy for all owners. Resorts, condos and fractional homes are available. One problem is usage most people that visit Hawaii can only afford to go for 1-2 weeks. Pacaso calls its business model co-ownership. Pacaso buys a home using a limited liability company, then sells shares of that LLC to its clients, meaning each buyer gets the equivalent of a few months to use the home each year. Fractional ownership is most often seen in condo and resort communities, and while a traditional timeshare limits access to the property to one to two weeks per year, fractional ownership can allow access to the home for five weeks or more per year, depending on the number of owners per unit. Its primarily a real estate crowdfunding platform that allows investors to put in as little as $100 for shares of single-family rental homes. The spacious floor plan includes a complete and well stocked Kitchen, laundry room, 2 full bathrooms plus a half bath, Huge Lanai with Panoramic Ocean Views, Direct Elevator Access, Twice Daily Housekeeping, Complimentary Storage including Golf Club storage, valet parking and many additional amenities. Here are some answers to questions I frequently get: No. This 2 bedroom, 2 1/2 bath fractional ownership interest is truly one of a kind. Posted on The 3D tour is an actual video of this units views, as it was taken from 4604's lanai. These 1/12th ownership residences offer fixed or floating weeks for those looking to own at the Montage Residences at a fraction of the cost. The 3D tour is an actual video of this units views, as it was taken from 4504's lanai. Browse our current inventory below to find your dream Fractional Villa, or click on the 4 categories above to search by villa type. Montage is Hawaii's 4th and newest Forbes 5 Star Property!!! Typical exit strategies are to hold the property for 10-12 years and sell the home as whole ownership so that all owners can participate in the home appreciation. However, most would call a Realtor because they alone had access, Q. The ground floor residences' patio extends out onto a small private lawn, with easy access to the pool and other common areas. In this page not only will you see properties represented by , but also properties represented by other members of Hawaii Information Service. How has the price of your property changed over time? $429,000 - 3 Beds, 3.50 Baths, 2,019 Sf, $399,000 - 3 Beds, 3.50 Baths, 2,087 Sf, $179,000 - 2 Beds, 2.50 Baths, 1,776 Sf, $529,000 - 3 Beds, 3.50 Baths, 2,087 Sf, $329,000 - 3 Beds, 3.50 Baths, 2,019 Sf, $299,900 - 3 Beds, 3.50 Baths, 2,019 Sf, $428,000 - 3 Beds, 3.50 Baths, 2,065 Sf, $189,000 - 2 Beds, 2.50 Baths, 1,776 Sf, $279,000 - 2 Beds, 2.50 Baths, 1,776 Sf, $249,000 - 3 Beds, 3.50 Baths, 2,019 Sf, $229,900 - 3 Beds, 3.50 Baths, 2,065 Sf, $239,000 - 3 Beds, 3.50 Baths, 2,019 Sf, $259,000 - 3 Beds, 3.50 Baths, 2,019 Sf, $425,000 - 3 Beds, 3.50 Baths, 2,065 Sf, $199,000 - 3 Beds, 3.50 Baths, 2,019 Sf, $275,000 - 3 Beds, 3.50 Baths, 2,087 Sf, $295,000 - 3 Beds, 3.50 Baths, 2,019 Sf, $259,000 - 2 Beds, 2.50 Baths, 1,776 Sf, $139,000 - 2 Beds, 2.50 Baths, 1,776 Sf, $239,000 - 3 Beds, 3.50 Baths, 2,087 Sf, $199,000 - 2 Beds, 2.50 Baths, 1,776 Sf, Each Office is Independently Owned and Operated. Your fixed time is two consecutive weeks at the end of August each year (weeks 33 & 34) pus one float week (encompassing the 1st five weeks of the year or Thanksgiving week). For this very reason, it is the ideal location for a holiday home, yet few opportunities are available here. If the plans are not laid out in advance, it could cause legal problems if a decision is made to sell the property.