Buying branded real estate is the way to go…at least that’s what the real estate agent told me at the Four Seasons Resort in
Over the years, hotel groups like Four Seasons, Ritz Carlton, St. Regis,
The newly opened Four Seasons Resort in
While many hotel and resort brands opt for the ‘vacation club’ or fractional style ownership opportunities, it is the full ownership residences that would provide the most latitude for inclusion in a resort or hotel rental program.
With management fees starting at around 20 percent in most cases, the program makes sense to those that purchase that once-a-year destination home. In the case of Four Seasons Bora Bora, where a home can fetch upwards of ten to fifteen thousand dollars per night, the numbers start to look pretty good. Add the fact that property tax is almost nothing in that location,
But don’t grab your check book quite yet. Though they make the purchase of the home rather simple, the prices are not for the first time investor looking to make a quick buck. Starting at over $4 million for a 3,900 square foot ocean front home on three-quarters of an acre, to about $12 million for over 8,000 square feet of living space and an additional 3,000 square feet of very useable outdoor space, it is still going to take the better part of a year to complete the construction of these fully customized homes.