Fractional Ownership | Resort Units
Co-ownership offers the opportunity to own a second home for a fraction of the cost of whole ownership. Plus, as a true owner, any equity gains realized are yours.
True Real Estate Ownership
Buyers are able to purchase the amount of ownership that meets their needs, starting at 1/8. Each unit has a maximum of eight owners, and the resort does not retain any ownership once the unit has been fully sold. It is true real estate ownership, not a timeshare.
In most cases the resort professionally manages the home, handling design, turnover, bookings, maintenance, bill payment, repairs, taxes, and more.
Vacation Homes For Sale
Common Questions
You purchase the amount of ownership that works for you, starting at ⅛. Each unit has a maximum of eight owners, and Burlington Bay does not retain any ownership once the unit has been fully sold. It is true real estate ownership, not a timeshare.
By choosing co-ownership, you can enjoy a luxury property at a fraction of the cost of purchasing a property alone. Plus, your home comes fully furnished, professionally designed, and all exterior maintenance is handled for you, so you can skip the hassle.
Yes. Your name is on the deed, and ownership of your share of the property can be sold, transferred to a family member, etc.
Yes, as a true owner, any equity gains realized are yours.
You can sell at any time at a price of your choosing.
Burlington Bay has a rotating weekly schedule where each ⅛ share owner gets the right to use the property for one week straight out of every 8 weeks. This schedule rotates all year long so there is no fighting over dates.
Yes. The legal forms and closing process are similar to a standard home purchase.
As a service to owners, Burlington Bay works with professional designers to decorate and furnish the units. Each unit is fully furnished and equipped with everything you will need so you can just show up, and enjoy your time.
Don’t worry. As the manager of your unit, Burlington Bay will assume financial responsibility if an owner defaults on payments. This is one of the benefits of the co-ownership program.
These items and much more will be taken care of by the Association.