Would You Like to Live The Considered Life?
Own Hamptons Luxury Real Estate Property For a Fraction
Imagine arriving at your vacation home with your clothes already hanging in the closets, the food you requested stocked in the refrigerator, all systems go without lifting a finger. This is the considered life. Sited on 1.4+/- acres of extremely private waterfront land, this modern home features five bedrooms, four baths, open living, dining and chef's kitchen, all with walls of glass overlooking simply some of the most spectacular water views and sunsets available in the Hamptons. Take it all in from expansive decks, or slip into your waterside pool and spa with the panorama of Noyac Bay, North Haven, Shelter Island, and the North Fork before you.
New to the Hamptons, fractional ownership is an agreement in which several parties share, and reduce cost of, ownership of a high-value property thereby matching your ownership cost to your actual usage.
Every fractional endeavor requires some sort of management, to administer the rules and regulations (agreed upon before the fraction is purchased) and maintain the asset to the degree laid out in the ownership documents. Each owner is guaranteed a prescribed amount of access to the asset, Each owner pays a portion of the annual management fees and maintenance, relative to the percent of ownership.
Each purchased unit comes with 8 weeks of personal access (multiple units available, capped at 3 per individual).
Fractional ownership enables you to enjoy all the benefits of a home combined with the benefits of a hotel without dealing with the upkeep or other headaches typically associated with owning a property. Similar to a home owners association, fractional ownership is a popular practice enabling owners to comfortably extend their reach and enjoy amenities and services that they could not or would choose not to afford as a single owner.
Why rent and lose money when fractional ownership enables you to enjoy a higher quality of life than would be possible with sole ownership while capturing the potential for investment appreciation. Through fractional ownership hiring a personal chef or a full-time care-taker or even boat ownership can be obtainable luxuries. Other management perks are also included such as our online booking management portal which takes the headache out of arranging services and activities (order groceries, arrange a chef, organize an event, etc.)
Fractional ownership is a real estate investment that includes access to a luxury property in the Hamptons to enjoy. Each ownership share comes with 8 weeks of usage in addition to equity.