Mexico Fractional Ownership
Nov 11 • Categorized as Mexico Real EstateMazatlan Beachfront Penthouse 10,000 sq/ft
Buy a 1/12 Share of a $3M Penthouse for USD $249,000
WOW! 10,000 square feet of luxury Penthouse for US $249,000… How is that possible? Well in this article, which is one in a series of upcoming articles about Mexico Fractional Ownership we will be very clear on what you get for your money…you just may be surprised to find out why and how many Smart Money buyers are embracing Mexico Fractional Ownership.
The Beautiful 10,000 sq/ft Mazatlan, Mexico Penthouse we are showcasing is Tiara Sands. This project is an exceptional example of value and quality for the investment as well as the costs associated with Mexico Fractional Ownership when it is offered in a straight up transparent no hidden costs transaction. There are some Mexico Fractional Ownership projects that are better than others and our comparisons have singled out the biggest differences are not with the actual real estate and its amenities, but how the associated costs of ownership after the purchase are assessed that makes the difference between a great deal… or not such a great deal.
Fractional Ownership Information for Tiara Sands Mazatlan Mexico Get your Mazatlan Mexico Tiara Sands Fractional Ownership. Try before you buy YOUR CONTACT INFORMATION HERE.
Example of Operating Cost Assumptions:
The Developers of Tiara Sands is Oceanside Developments International Ltd., a very experienced and well funded Canadian firm. Oceanside Developments International is taking this very important cost factor into major consideration as they launch their Mexico Fractional Ownership sales campaign. Unlike almost every other Mexico Fractional Ownership project, the owners of Tiara Sands do not mark up any profit on the operating expenses at all; they simply divide the costs equally between the 12 Fractional owners.
Total Annual USD $ 1/12 ownership USD $
Taxes $ 1,092- $ 91
HOA Fees $ 5,700 – $ 475
Property Mgr $ 2,000 – $ 167
Insurance $ 1,680 – $ 140
Maintenance $ 2,000 – $ 167
Utilities /Elect/Cable/Internet $ 4,363 – $ 364
Maid Service $ 2,400 – $ 200
Contingency reserve fund $ 5,000 – $ 417
Approximate Operating Expenses Total $ 24,240 ÷ 12 months ≈ $ 2,020
These estimates are examples that are solely for demonstration purposes and they are rounded up to next dollar amount and subject to change.
Go Figure! Here are the numbers for 1/12 operating costs per year @ $ 2,020 yr ÷ 4 weeks ≈ $ 505 per week so 7 days of usage for $ 72 dollars per day is a great deal for a 10,000 sq/ft $3,000,000 beachfront luxury penthouse and remember you own 1/12 of the Penthouse with a deed.
Now just for fun and because saving money has become the most fun you can possible have in today’s economy and uncertain times, let’s really break it down for the entire extended family demographic, or lets say a total of 12 people sharing this luxury penthouse on a one week vacation surrounded in absolute comfort and luxury.
At $ 72 per day ÷ 12 people ≈ $ 6 per person per day that is the annual 1/12 operating costs divided by the days you use your property. I have yet to find another Fractional Ownership project that can accommodate 12 people at this price in opulent surroundings like the Tiara Sands Penthouse in Mazatlan, Mexico.
Reality Check
The catch phrase “reality check” has a new meaning for many migrating retirees and second home buyers focused on Mexico… and for that matter worldwide.
The realization of time verses money has never been more important to most people until this moment in time with regards to real estate ownership as an investment or for full time or part time use. Part of the “reality check” is that most “over 50 types” are no where near full retirement and it looks like the average full retirement age is getting a lot closer to 70. The fact is most over 50ish types want their second home right now and located in a great area that will hold its value even if they can only spend one month per year split into 4 one week trips or 2 two week trips.
Mexico Fractional Ownership is fast becoming the answer to real ownership of luxury property that is shared by a group of individuals in equal fractions and they split all of the operating costs based on the number of fractions each individual owns. Real estate investments require several reoccurring costs other than taxes if it is not raw land.
After looking at the costs buyers have to justify the amount of money to buy the property and maintain it over the amount of time that they plan to keep the property this is a must do before they commit. Let’s look at this example, imagine if you split a 1/12 Fractional Ownership with your son and daughter in law or the entire family! Not only would you have 4 weeks to split up among yourselves, it would be a great family retreat offering the entire family separate time with their families and friends plus special family gathering time as well.
Bigger Is Better
The average purchase price of a condominium or house in Mexico, being bought by Americans and Canadians varies between USD $ 200,000 and $ 400,000. The average Sq/Ft ranges from 1200 to 2500 Sq/Ft. and they are 2 to 3 bedrooms with 2 to 3.5 bath rooms and accommodate 4 to 6 people. The operating costs range from 3000 to 8000 per year depending on the project and its age. If you could only average 4 weeks per year over the next 6-10 years and for the same amount of money or even much less you could own 1/12 of a 10,000 Sq/Ft Luxury Penthouse and it accommodates 12 people why would you choose to do anything else? The same amount of time used, but it is much bigger and better for less, now that’s Smart Money.
Try It Before You Buy It
Tiara Sands and Oceanside Developments International, is offering a “Try it Before You Buy it” vacation package for you to come visit Tiara Sands for four days and three nights.
If you are interested in visiting Mazatlan, Mexico to experience the charm and beauty that Mazatlan has to offer please be assured that there will not be a high pressured sales presentation but rather a relaxed atmosphere for you to enjoy your stay as our guests and to discuss your interest level in a 1/12 Fractional Ownership. Each share is being offered at USD $249,000 with a very attractive in-house financing package making this price point an exceptional value. This spectacular beachfront Penthouse has a total usable square footage of 10,191 Sq/Ft.
There is 5691 Sq/Ft of air conditioned space featuring (5) bed rooms, (5) bathrooms. There are also (6) very spacious balconies totaling 4500 sq ft overlooking the Pacific Ocean, pool, marina and golf course. A gourmet Chefs Kitchen with center island, breakfast bar, appointed with the finest stainless steel commercial grade appliances with all of the best Chef’s utensils, granite counter tops and fine crafted cabinetry for your cooking pleasure awaits your arrival.
Fractional Ownership Information for Tiara Sands Mazatlan Mexico Get your Mazatlan Mexico Tiara Sands Fractional Ownership Try before you buy YOUR CONTACT INFORMATION HERE.
The Penthouse will be totally furnished with the latest designer furnishings complete with china, linens, and flat screen TV’s with entertainment centers throughout the unit. There is a formal dining and great room combo with an additional large game room and two wet bars.
*Some Features in This Floor Plan Could Change With The Exception Of The Usable Square Footage.
The main 1st story level balcony will have an outdoor kitchen and wet bar. You can hire a Chef to cook for special occasions, order your favorite foods and spirits in advance of your arrival. Additional maid service and a valet can also be arranged at reasonable rates.
The furnishings and appointments that are scheduled to be installed are of the highest quality the property has every amenity planned that you can imagine. This Penthouse is perfect for your extended family and friends for vacations and holidays with accommodations for 12 people.
The conclusion I have made is this:if you are not ready to move to Mexico full time for several years, or if that was never your intention and you can only use the property for one month per year broken up into several trips Mexico Fractional Ownership is the best option for real estate ownership.
You really do own your pro-rated share of the Fractional Ownership and it will be deeded to you. The 1/12 interest or percentage that you do own you can sale, or if you can not use your allotted time you can rent it out for that time period and the rent is yours to keep less agreed upon pre arranged management fees. If you want to use more than your time allotted you can almost always get your fellow fractional owners to rent or trade their time to you at a discount. The Tiara Sands Penthouse Mazatlan, Mexico is the best Fractional Ownership program for the investment I have seen the Mexico Fractional Ownership market, “it is like flying first class for the price of a coach ticket”.
Fractional Ownership Information for Tiara Sands Mazatlan Mexico Get your Mazatlan Mexico Tiara Sands Fractional Ownership Try before you buy YOUR CONTACT INFORMATION HERE.
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About the Author: Henry Altman is the CEO of Escapeartist Mexico, a real estate developer & property owner in Mexico and he is the former President of Coldwell Banker Affiliates of Central America. For more information on this article or Escapeartist Mexico please opt-in with your name e-mail and your phone number and Henry will contact you. You will also receive “Escape To Mexico Magazine” it’s all about, “The Real Mexico”













This shows real expertise. Thanks for the anwesr.
If you want to try before you buy
you can go to Mazatlan and stay as the guest
of the developer for 3 nights at no charge
in a Luxury Condo that sleeps 6 to 8 people.
For details contact Henry at henry.altman@gmail.com