If you are sick of living out of the suitcase and hopping from one hotel to another during your vacation, there is another option you can explore that will provide you with a home away from home. This option is of luxury fractional ownership of a vacation home in a location of your choice. You can own this home without worrying about its maintenance. And, all you pay for it is just a fraction of the full price because you pay for owning your second home for only the weeks that you will stay there. It is an ideal arrangement for busy professionals and discerning families who are looking for a better way to spend their vacation time than be restricted to hotel rooms.

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You can get the high-class amenities in real estate in prime locations with fractional ownership deals. For instance, you will get chef's kitchens with granite countertops and high end appliances, spa like bathrooms, and large roomy closets. In addition, you will get all the benefits of a first-class hotel, in terms of service. Fractional ownership offers include the services of a concierge and a housekeeper who will have the place ready for you complete with pre-arrival grocery shopping as well. You can choose the type of residence from apartments and condominiums to townhouses, and detached homes with 2 to 4 bedrooms. Some of them come with offers of ski passes, golf club memberships, spas, pools and storage for your stuff between visits. For more information, visit http://www.sherpareport.com/prc/prc-overview.html.

How it works? As an owner, you purchase a deeded (1/4 to 1/13) share in a residence, which gives you a particular number of weeks per year at the property. For instance, if you buy share of the property, you can spend 13 weeks on it, and a 1/8 share would be about 6 weeks. In other words, you pay only for the time you use the property in some of the prime locations, such as Vail, Colorado or Pinehurst, N.C. It is not only an easy but also a less expensive way of spending your holidays. Of course, prices range from $40,000 to over $1 million depending on the location, number of weeks, number of bedrooms, and level of luxury. This includes use of all the amenities.

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The really high end fractionals may also be referred to as a private residence clubs or luxury residence clubs. But how does this type of property differ from a timeshare? They are quite different, actually. A residence club offers deeded property that provides the same rights you receive with any type of real estate purchase; the property has more opportunity to appreciate; you can spend longer amounts of time on the property; and you can enjoy a luxury level of furnishings, services, and amenities. Fractional real estate does cost quite a bit more than a regular timeshare, but you get so much more for the price. Visit this link for more detailed information http://www.sherpareport.com/prc/fractionals-cf-timeshares.html

All said and done, fractional ownership homes give you a much cheaper option than owning a whole luxury home on your own in one location. So, it is worth considering.