Fractional Ownership

Enjoy 12 weeks per year on a rotating calendar schedule. Each owner will receive an equal amount of weeks per year, which over time, will include every major holiday. If you cannot use your weeks, you can trade them with other owners or you can rent your assigned days for additional income.

You purchase real estate not time or weeks as in a “time share”. This means that you receive rights as a real property owner with deeded ownership as “tenants in common” Your ownership interest can be sold, held in a trust or business, conveyed in a will or otherwise transferred. As an owner, your fractional share comes with voting rights allowing you to make decisions that relate to your home. Property taxes and other expenses can be deducted as a second home and, if you choose to finance your ownership interest, the mortgage interest may be tax deductible as well.

Purchasing a quarter share allows you to own a bigger and more luxurious home at a fraction of the price of full ownership. Not only is the purchase price divided four ways but all operating expenses are divided equally too. . Because you are a quarter-share owner of the property, you are responsible for just 25% of the overall expense. The average monthly expense depends on the home’s size and location but will likely average between $ $600.00 and $800.00 per month. This amount includes, but is not limited to, property taxes, insurance, utilities, yearly maintenance and detailed cleanings twice yearly. Rarely is there a case where additional capital contributions are collected from the owners.

Your home will be professionally managed and maintained by Ideal Mountain Property. Ideal Mountain Property strives to make every stay at your second home a worry-free and pleasurable experience by managing and maintaining the property for you. In a renowned location with leisure activities abound in a luxurious and comfortable property with no responsibility for cleaning, making repairs or paying bills, you will spend more time at the home actually vacationing and enjoying your property with family and friends.