Living in Los Cabos: The Newest Deeded Fractional

Living in Los Cabos: The Newest Deeded Fractional

Yesterday our team had the pleasure of viewing Cabo’s newest deeded fractional offering: the Auberge Private Residences at Esperanza. This 5-star luxury resort has made two of their buildings available to sell as deeded fractional. Deeded fractional is quite different than timeshare: you actually receive title to the property. But you share that title with a number of like-minded individuals. Your title allows you to enjoy the property for a certain percentage of the year and you don’t have to carry the expense of maintaining that property when you’re not actually using it. This is a great option for those who are still working and have a limited amount of time they can spend in Cabo.

What I like about Esperanza is that it is so peaceful; this is a very low density resort community. The three and four bedroom condos are huge, they’re about 3,000 square feet of air conditioned space tricked out with all the super high end amenities. I will admit the kitchen is a bit of a disappointment, but that’s OK in a fractional. For a full time residence for someone who enjoys cooking some upgrading of appliances would be necessary. But if you’re only here a week or two it is perfectly adequate. The rooms are spacious with tons of deck and patio, and the baths are quite luxurious. The clubhouse and common areas are lovely with gorgeous landscaping. Most residents travel around the resort by golf cart; one is included with each unit. And of course there’s the Auberge management. ‘Nuff said. What really got me fired up is that the developer has created a 1/24th share which buys you two weeks of dedicated use and unlimited ‘space available’ use for only $99,000. And, that includes membership in the private beach club. While we were there I shot this little video of the beach club. Hope you enjoy it!

Carol Billups is Broker/Owner of Cabo Realty Pros. She has enjoyed working with both buyers and sellers for over eleven years and still thinks hers is the best job on earth. She is also the real estate columnist for Los Cabos Magazine. You can read more of her articles on the website blog www.caborealtypros.com. You can reach her from the U.S. or Canada at 1-760-481-7694, or in Cabo at 044-624-147-7541. You can listen to our 24/7 broadcast on http://www.livecabo.net for a mix of happy music, weather reports and local information.

© 2012 Carol S. Billups

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