Fractional Ownership News

Canadian resort teams up with fractional sales agent

Parkside Victoria Resort & Spa, a CAN$60 million resort hotel in Victoria, British Columbia, has teamed up with agent Epic Real Estate Solutions in an attempt to boost its fractional ownership sales.

“We believe our fractional interest residences will be a great fit for Epic’s large database of customers who are looking for alternatives to the expense of whole ownership recreational homes,” says Jim Pearson, director of Parkside Project.

“Our customers have clearly told us that they want to own a vacation getaway that makes financial sense, where their usage matches the cost of ownership” says Mark West, President of Epic Real Estate Solutions.

Parkside is Canada's first resort hotel targeting LEED Platinum Certification for sustainable development and design. “Fractional ownership at its essence is green. Instead of typical vacation homes that sit empty for much of the year, our suites are shared. Owners effectively reduce their carbon footprint by sharing amenities and energy usage,” says Pearson.

Prices for deeded fractions at Parkside start at CAN$98,000.

www.parksidelifestyle.com

01/03/10
 

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