Fractional Ownership In Vegas
Fractional Ownership has been around for years
but has just now hit the investment real estate market.
For years consumers have been using the fractional ownership
technique (pooling funds) to purchase everything from
time shares and private jets to expensive jewelry.
Fractional Ownership is the perfect combo of
second home vacation ownership and time share. For a
fraction of what a second home in Las Vegas would cost,
you can enjoy a month or more weeks in the Las Vegas
area every year.
Many fractional ownership prospects could afford full
ownership, but chose a Fractional Ownership for the
1st class amenities and the limited amount of time (4
weeks minimum) they have to spend at their vacation
home. Time share, no matter how luxurious, is a usage
contract with maintenance fees which often are a headache
for time share owners thousands of miles away.
Fractional Ownership in Las Vegas is an opportunity
to enjoy the magic of Las Vegas with no responsibilities
for maintenance fees and upkeep costs. Fractional Ownership
is different than traditional time share in many ways,
More Room - Compare the square footage of the
the time share fractional unit to traditional time share
and you'll be amazed, WOW!
More Time - Instead of 1 week, fractional ownership
allows many weeks (4 weeks minimum) of fabulous vacation
in the same home.
World of Choices - Through either Interval International
or Resorts Condominium International you can exchange
weeks for time at fractional ownerships throughout the
globe.
Savings - Fractional Ownership is less expensive
than most traditional time share resorts.
Larger Homes - More square footage of the the
fractional ownership to traditional time shares.
Lets take a look at the largest Fractional Ownerships
available in the Las Vegas area.
The Grand Sierra Resort and Convention Center,
located
in the heart of Reno, will be a four-star major development
that includes two condo hotel towers, a huge casino,
and eventually two immense waterparks. The resort
will offer families, travelers, conventioneers, and
gaming enthusiasts the opportunity to stay and play
at the gateway of the Sierra Nevada Mountains.
Located on 148 beautifully landscaped acres with a
picturesque 38-acre lake, The Grand Sierra Resort
is a conversion of the Reno Hilton hotel. Among its
full array of impressive amenities are:
Full-service spa
Fitness center
Variety of restaurants
200,000 sq. ft. of convention space
107,000 sq. ft. casino, with 1,300+ slot machines
Superbook - watch and bet on sports
shopping promenade
40,000 sq. ft. children's adventure center
Aquatic golf driving range staffed with pro instructors
Indoor golf simulator
Jogging track & walking track
Thrill rides
Go-cart track
24-hour, 50-lane bowling alley
A world-class dinner theater, seats 1,800
Wedding chapel
Shuttle service to local ski/bike areas
When the conversion from the Reno Hilton is complete,
The Grand Sierra Resort will offer even more.
Its developers are investing over $1.8 billion as they
renovate, upgrade and expand the resort to include the
building of an additional tower, two indoor water parks
as well as other incredible amenities.
|
