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What is Fractional Ownership?
It is just as the name implies...and more! You own a luxury vacation
home, for a fraction of the costs, while enjoying all the benefits. You receive
deeded title and exclusive use of your resort home for no less than 6
weeks per year. This deeded interest is yours to use, rent, sell, trade,
or pass to heirs to create a legacy.
How does Fractional Ownership at Pacific Shores Work?
Owners have at least 6 weeks/year of usage. Each owner has a fixed
prime block of 4 weeks from June to September and between October - May,
a rotating 14 night block every 8 weeks. Owners also are able to
*interally* swap their time, for blocks of 30-60 days in a row at
Pacific Shores.
Can I buy more than one interest?
Yes. Many people find that ½ ownership is the perfect solution for their
second home ownership needs. In fact, you can purchase multiple interests up to whole ownership.
Can I use Pacific Shores outside of designated time?
Yes. You will be able to use additional time at Pacific Shores, at a
rate, designed to cover operational costs.
When is the expected completion date?
Pacific Shores can be enjoyed today! Completion of fractional ownership
homes is expected early spring 2007.
Will I be able to rent out my home?
Yes. Pacific Shores will be managed by Aviawest Resorts Inc. The
Aviawest group and principals have an excellent property management
track record of shared ownership properties, since 1991. This ensures
Pacific Shores will be managed to the highest level of owner and guest
satisfaction. Pacific Shores currently enjoys an average year round
occupancy rate of over 80%.
Will I be able to sell my interest?
Yes. Pacific Shores is fee simple real estate, just like traditional
ownership. You hold deed & title to the property. A realtor is able to
list the property and sell it on the MLS for you. Many other people have
been successful at re-selling interests in this manner.
Who is the Management Company? What is their track record?
Pacific Shores is managed by Aviawest Resorts, a locally owned and
operated resort management company. They have successfully engaged in
the development, operations, marketing and sales of shared ownership
projects since 1991.
Who is the Developer?
The Aviawest Resort Group and Pearson family with 30+ years experience
with land, commercial, residential & resort development. The Pearson’s
are the developers of world-class Pacific Shores Resort & Spa and
Aviawest Resort Club.
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