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12463 Lookout Loop F17 30, Truckee, CA in Truckee, California. For more information, please contact us at: info@fractionalvillas.com There is, Short Notice Vacations May be booked within thirty (30) days or less from arrival. There are three main exchange services for fractional properties. Location; Book a Tee Time; Owners . The company Bezos is investing in is Arrived Homes. Every day on property you will be pampered by the Montage staff, the twice daily housekeeping, your assigned concierge, not to mention the in-residence dining, signature restaurant, kids programs, lagoon pools and much much more. Fractional ownership is usually four weeks or longer, and in some cases can be up to three months. The 3D tour is an actual video of this units views, as it was taken from 4604's lanai. Your fixed time is two consecutive weeks in mid June each year (weeks 23 & 24) plus one float week (in January or Thanksgiving). The 3D tour is an actual video of the view from 3605's lanai. Leave your opinion here. TRV58951---. Fractional ownership can be a fantastic way to get hold of your very own property without much of the hassle. Montage is Hawaii's 4th and newest Forbes 5 Star Property!!! Find out if a contribution is being made to a maintenance fund. Fractional vacation ownership uses this concept to make vacation homeownership a reality for millions of people all over America. While the property offers many facilities and an enviable ocean-front location, the annual fees are high, so consider this added expense before making any moves. Future usage dates: 2023 8/5 - 8/26; 2024 8/3 - 8/24. Timbers Luxury Rentals brings its vast database and marketing channels to ensure rental success. May 18, 2018 The market offers outstanding properties, which are available for those who want a slice of this exciting real estate market. And they own at least two other vacation properties. Contact our team today to learn more about our innovative jet share, jet card, aircraft management, and charter programs. The Video/Virtual Tour depicts the interior floor plan. Today at least one national company has made more fractional properties available in the Islands, and another could soon join them. It depends on whether you buy 1/12 (Maliula Residences) or 1/6 (Kaiholo Residences) ownership. If you require a reasonable accommodation to access our services, please contact us at (808) 732-3000 or email hbradmin@hicentral.com so we may better assist you. 3 BE. Every day on property you will be pampered by the Montage staff, the twice daily housekeeping, your assigned concierge, not to mention the in-residence dining, signature restaurant, kids programs, lagoon pools and much much more. Each Fractional Villas fractional ownership property is a separate offering. Phone (808) 988-6622. Starting as low as $430,000, buyers pay only a fraction of the cost for a fully furnished oceanfront residence. 1/6 Ownership comes with six (6) planned vacation weeks, the ability to reserve two (2) Space Available Vacations weeks at once. So what other benefits are there, and which island should you consider? Montage is one of only four Forbes 5 Star properties in Hawaii and Travel & Leisure recently ranked it as the #1 Resort in Hawaii. All maintenance and housekeeping are taken care of by Timbers Resorts. Share the deeded equity benefits. Featured properties may or may not be listed by the office/agent presenting this brochure. If you are going to own a time interval, you can't afford to miss seeing this magnificent location. Fractional ownership is the fastest growing segment of the real estate industry today. Your email address will not be published. Fractional owners usually have 6 weeks or up to 3 months of usage. Breathtaking ocean views and Molokai await you every day, during your time in this rare 7th floor 3 Bedroom, 3 1/2 Bath residence. Thirty-three-year-old James Koshiba dreams of a new generation of socially-conscious businesses that do as much for the community as they do their bottom lines., Some say real estate professionals might be more important than ever Less than 20 years ago, prospective homebuyers could look at newspapers and drive around to find yard signs. If you are concerned about the future resale value, check how the value has changed in the past. Golf: 808.647.2800. 3 Bed 3.5 Bath Your email address will not be published. If the seller is not negotiable on price, you can ask for better time usage, a better floor plan (in a resort), or other amenities for the same price. Hawaii and across the United States! But on the flipside, you also have to share in the costs. Owners dont realize how hard it is to sell a fractional property. Condo hotels are also an attractive ownership option in Hawaii. Future deeded dates: 2022 Jan 1 - Jan 8, Aug 13 - Aug 27 2023 Jan 14 21 & Aug 19 - Sept 2, This Penthouse 3BR residence has the highest fractional location on property, the views are breathtaking and the lanai offers greater privacy than all other lanai's. 3rd Homeinvites owners of well-appointed luxury homes or fractional resort owners to join. The islands also diverse nature from rainforests to volcanoes, visitors and investors can spend the morning snorkeling amongst the bright corals, and in the afternoon, hike in the lush state parks. When you , The location of this remodeled 1-bedroom and 1-bath condo is arguably one of the best in the Koloa Garden Apartments , Aloha Dear Friends, Im on a roll, second closing this month!! 68-1793 Puu Nui St Waikoloajust sold for $912K located at , Real estate transactions demonstrate that people are willing to pay more for properties with good views and standard features such . Is anyone familiar with this? Browse our current inventory below to find your dream Fractional Villa, or click on the 4 categories above to search by villa type. The international head tax remains at $18.30 for calendar year 2018, and the . Timbers Resort. With fewer fees, less maintenance, and being able to stay for 60 days, this might be the best way to get away to the islands of Hawaii. Contact | Sell Your Fractional |Consulting, Copyright 2020 LuxuryFractionalGuide.com | Privacy Policy | Terms & Conditions | Disclaimer, Resources for Hawaii Fractional Ownership, Hawaii Fractional Ownership Options are Still Limited, Fractional Life Announces Its Second Fractional Ownership Expo, New Fractional Residences in Princeville Hawaii, Destination M Mauna Lani Resort Home Hawaii, Exclusive Resorts An Elite Vacation Club, Equity Residences: Private Home Kauai, Hawaii, Equity Residences: Golf Villa Kapalua Maui, Hawaii, Equity Residences: Home with Ocean View Big Island, Hawaii, Equity Residences: Mauna Lani Resort Big Island, Hawaii, Timbers Kiawah Residences Nearing Completion, Orlando, FL New Pre-Construction Condo Hotel, Fairmont Heritage Place The Cedars, North Carolina, Condo Hotel Tower: Downtown Miami, Florida. These are notoriously hard to navigate and resell. Then again, just throw open the glass doors and the entire home feels like one huge lanai. Charter. Social Membership ultimate access and amenities for locals This luxury residence at Montage Kapalua Bay offers breathtaking views of Lanai, Kalohi channel plus sunsets daily. 1995-2016 Honolulu Board of REALTORS. Ive seen many people try to fractional sell their condo in Hawaii. There are different kinds of ownership in Hawaii. Sometimes referred to as fractional ownership, the concept provides all of the benefits of owning a Hawaii vacation home without any of the associated hassles. Call 844-399-8998. This 3 BR ground floor residence was the ONLY residence ever sold at the property with this time period. =Each member offers a time when their property is available, and in exchange, they receive keys they can use to stay at other properties. Upcoming deeded time periods: 2022: 7 days in October 2023: Feb. 11- 25, Sept 30 - Oct 7, This magnificent Penthouse 3 Bedroom, 3 1/2 Bath Residence situated in the center of the property has breathtaking views of both Lanai and Molokai every day you are in residence. Fractional ownership properties are owned by fewer buyers than a typical timeshare. DMCA Notice. Why? Montage is Hawaii's 4th and newest Forbes 5 Star Property!!! Please be nice. You can purchase any of the RiverWalk Resort luxury condominium suites as traditional whole ownership, seasonal ownership (6 months in winter or 6 months in summer) or fractional ownership (every sixth week forever, Friday through Friday). Searching for Individual Homes and Condos? ft. 1/8 Ownership Palm Springs, CA 5 BD 5 BA Sold view details Sea Scape $589,000 1/8 Ownership Malibu, CA 2 BD 2 BA Available now New view details Peridot $220,000 1/8 Ownership South Lake Tahoe, CA 4 BD 3 BA All shares pending view details The Golden Glow $995,000 1/8 Ownership Park City, UT 5 BD 5 BA Find your perfect Pacaso This home features island style furnishings with exotic woods and accessories from the tropics . Future deeded dates: (2023 June 17 - June 24) (2024 June 22 - July 6 & February 3 - 10), This is the ONLY 3 consecutive Christmas week ownership on the 7th floor and just 1 of 3 in any penthouse unit. Your fixed time is three consecutive weeks from June into July each year (weeks 25, 26 & 27. Decide if the amount of time you are entitled to will match your needs over the next five to ten years. Every day on property you will be pampered by the Montage staff, the twice daily housekeeping, your assigned concierge, not to mention the in-residence dining, signature restaurant, kids programs, lagoon pools and much much more. The Primary week for this 3 bedroom cabin features prime. Aircraft Management. The HOA must allow it. Besides getting to know your future partners, this gives you the chance to ask the current owners how they like it, and if ownership is working well for them. Fractional ownership has long been a way for multiple buyers to share in owning a home in Hawaii most often a pricey vacation property on a Neighbor Island. resort, A one-eighth share of a three-bedroom lodge in the Timbers Company fractional ownership development runs about $430,000, plus yearly . It can be done for strictly monetary reasons, but typically there is some amount of personal access involved. of Maui and should not be relied upon without independent verification. The 3D tour is an actual video of this units views, as it was taken from 3504's lanai. It offers much in the way of calm and might be the ideal spot for a month or two of pure relaxation. This deeded, one-twelfth fractional ownership interest gives you 21 deeded days a year plus access to additional days on a per diem basis. 2023: April 8 -22 & Sept 16 - 23, Breathtaking views of the ocean and Molokai await you every day during your time in this magnificent 2 Bedroom, 2 1/2 Bath residence at the second highest 2BR lanai on property. This deeded, one-twelfth fractional ownership interest gives you 21 deeded days a year plus access to additional days on a per diem basis. This deeded, one-twelfth fractional ownership interest gives you 21 deeded days a year plus access to additional days on a per diem basis. Most people are aware of Fee Simple ownership, which is most common. This deeded, one-twelfth fractional ownership interest gives you 21 deeded days a year plus access to additional days on a per diem basis. The 3D tour is an actual video of this units views, as it was taken from 4604's lanai. Montage is Hawaii's 4th and newest Forbes 5 Star Property!!! SOLD. Total Living Area: 2,364 2,843 total sq. Second home ownership for the cost View Listings Own now for 5% down payment Enjoy flexible ownership at a low upfront cost. Your email address will not be published. This means your residential interest is a real estate asset that can be gifted or resold. Avoid properties that sell ownership based on points, without deeded ownership. Hi, Grat article! Unlike Timeshare ownership, Fractional Ownership is Fee Simple, Deeded Ownership that allows for flexible, unlimited use, subject only to reservation procedures. Future deeded time 2022: March 19 - April 2 & Aug. 27 - Sept. 3 2023: March 25 - April 8 & Sept 9 - 16, This listing is the ONLY deeded three consecutive week two bedroom EVER sold guaranteeing the owner 21 consecutive days a year during late June & early July (weeks 25-27, Prime July 4th weeks) plus it offers access to additional days on a per diem basis. Unlike a timeshare, where owners often have an allocated annual week, fractional ownership offers in some cases up to four months per year. All Maliula residences include: Stunning ocean, lagoon and golf course views from every residence. 1995-2016 Honolulu Board of REALTORS. ft. Lanai: 352 - 474 sq. Phone Direct: 808.385.5034. alex@mauirealestatesearch.com. Montage is Hawaii's 4th and newest Forbes 5 Star Property!!! With less complication than a timeshare and fewer commitments than owning an entire property, fractional property ownership would be well-suited to many who dream of owning a vacation home in Hawaii. Next, can you afford the ongoing costs? It usually fails. Every day on property you will be pampered by the Montage staff, the twice daily housekeeping, your assigned concierge, not to mention the in-residence dining, signature restaurant, kids programs, lagoon pools and much much more. Copyright 2016, Hawaii Information Service. The average fractional buyer in Timbers properties has a net worth of $7.5 million, according to Greg Spencer, the company's chief executive. You can email me at companyblog@hawaiilife.com or via phone at (800) 370-3848. Bezos invests in Arrived Homes - Fractional vacation rental homes from $100 to $10k in initial investment. According to Hawaii law, a fractional owner has the exclusive right to use the property for no less than 60 days much better than your traditional timeshare. The deed must be recorded in Hawaii in accordance with the Bureau of Conveyence guidlines. Note: Honolulu Board of REALTORS receives inquiries seeking professional advice; however the Honolulu Board of REALTORS staff is not qualified, nor licensed, by the state of Hawaii to properly address real estate or legal issues. View property. That use is divided up either by weeks . The fractional aircraft operators in North America flew over 833,000 hours in 2022. Also, the number of shares sold in a . Starting at $1,125,000 Realtors list shares in these homes or condos. Sign Up. Fractionals at Montage Residences Kapalua Bay New Listings First 20 Properties Found. Your fixed time is three consecutive weeks in mid February each year (weeks 6, 7 & 8). Future fractional time periods: 2022: May 28 - June 18 2023: June 3 - June 24 2024: June 1 - June 22, Breathtaking views of the ocean and Molokai await you every day, during your time in this very very rare ground floor 3 Bedroom, 3 1/2 Bath residence. Your best bet: call realtors on your preferred island and see if they know of any available right now. 32459, Santa Rosa Beach, Walton County, FL. This deeded, one-twelfth fractional ownership interest gives you 21 consecutive deeded days a year plus access to additional days on a per diem basis. 2 bedroom, Santa Rosa Beach FL 32459. And Coons says he recently worked with Pacaso on an acquisition of a third property on Maui, a new single-family home being built near Kaanapali. Contact | Sell Your Fractional |Consulting, Copyright 2020 LuxuryFractionalGuide.com | Privacy Policy | Terms & Conditions | Disclaimer, Fractional Ownership Options Growing in Oregon, New Fractional Ownership Options on Cape Breton, Northern California Fractional Ownership Options - Event April 9th, Resources for Hawaii Fractional Ownership, Weighing Your Options: A Wealth of Incentives for Fractional Real Estate Buyers, Fractional Life Announces Its Second Fractional Ownership Expo, New Network of Fractional Real Estate Professionals Provides Vacation Home Buyers and. After all Planned Vacations have been confirmed, the remainder of the calendar year is open for owners to access via Space Available and Short Notice Vacations. There are ONLY three fractional interests that exist with these 3 fixed consecutive weeks. But, there are a lot of plusses and minuses to consider. The 3D Tour was taken from 3602's lanai, the Video/Virtual Tour is the actual interior floor plan. Maliula Residence Club Owners may deposit up to three (3) Planned Vacation weeks. Hawaii 96766 Real Estate: 808.720.6817. Montage is Hawaii's 4th and newest Forbes 5 Star Property!!! Montage is Hawaii's 4th and newest Forbes 5 Star Property!!! And of course, while you're here you'll have unlimited access to all of the owner privileges and amenities of Timbers Kauai and Hokuala. Please be nice. The resort developer sells fractional shares in the resort. These homes come with amenities and may be situated on golf courses, have ocean views, and have spa facilities. Posted on Determine which member of the group is the property manager. This deeded, one-twelfth fractional ownership interest gives you 21 deeded days a year plus access to additional days on a per diem basis. LuxuryFractionalGuide.com has been the trusted source for fractional developments for over 12 years. Upcoming deeded time periods: 2022: 7 days in October 2023: June 10- 24, Jan. 21 - 28, Breathtaking views of the ocean and Molokai await you every day, during your time in this exquisite 4th floor 3 Bedroom, 3 1/2 Bath residence. In this page not only will you see properties represented by , but also properties represented by other members of Hawaii Information Service. The property upkeep can have a significant impact on your experience, so it is worth investigating the reputation of the property manager in charge of maintenance. Real estate prices of fractional ownership for that length of time are cost prohibitive in Hawaii. Nestled in the heart of Lihue, this newly listed 2 bedroom, 2.5 bath townhome lives like a home. There is. The Video/Virtual Tour depicts the interior floor plan/furnishings of an identical floorplan but a 3BR (ignore the rear BR with 2 beds). You must deposit in increments of 7 nights and have a year to use your time. At every turn, a true sense of balance and harmony as you relax and enjoy all?suite accommodations, inspired cuisine, championship golf, water sports, and an award winning Hawaii inspired spa. The 3D tour is an actual video of this units views, as it was taken from 3705's lanai. Make sure it is clear what will happen in the event of a death of one of the owners. Residence Club Owners may, if they wish, deposit any of their Planned Vacations into TRP which then provides a credit they may use toward reservations at any of the other resorts in the collection. Full calendar attached. Perhaps a $4M home is out of reach, but $1M is right in your wheelhouse. The asset may be retained in perpetuity, transferred, bequeathed to heirs, or resold anytime. Starting at $445,000. Kaiholo Residence CLub Owners may deposit up to six (6) Planned Vacation weeks into TRP. . Interior Living Area: 2,012 2,369 sq. Alex Cortez - Island Sotheby's International Realty. ft. If the plans are not laid out in advance, it could cause legal problems if a decision is made to sell the property. Instead of buying a fractional interest, you could rent a comparable unit for $200 per night. Your Email address will be kept private, this form is secure and we never spam you. Your fixed time is two consecutive weeks in Early July each year (weeks 27 & 28) plus one float week (in January,February or Thanksgiving week). Commanding an elite oceans edge location, ownership in Kaiholo offers a premium private residence at Timbers Kauai that sets a new standard in terms of aesthetics, quality, features and finishes. Get started on your dream home search today! This was an increase of more than 7% compared to 2021, and up about 65% compared to the reduced pandemic levels in 2020. Future deeded dates: 2023 January 21-28, June 10 - 24 2024 January 27 - Feb. 3, June 8 - 22, Breathtaking views of the ocean and Molokai await you every day, during your time in this exquisite 4th floor 3 Bedroom, 3 1/2 Bath residence. Space Available Vacations Owners may reserve one (1) Space Available Vacation week after the Planned Vacation weeks are reserved. Tyler Coons of Keller Williams Realty Maui says he recently helped Pacaso acquire a single-family home being built near Kaanapali that will be sold fractionally. Information herein deemed reliable but not guaranteed. Of course, with fractional ownership, you wont need to worry as much about the cost. Intervals are listed for sale with us by individual owners. But with fractional ownership, you legally own the asset and can transfer or sell it. 4 bath home is on the cliff overlooking Kalapaki Bay. Copyright, 1995-2015, REALTORS Association of Maui, Inc. All Rights Reserved. Your fixed time is two consecutive weeks in late June / early July each year (weeks 25 & 26) plus one float week (encompassing the 1st week in January through the 1st week in February or Thanksgiving week), all with the flexibility to move weeks throughout the year. The 3D tour is an actual video of this units views, as it was taken from 3102's lanai. Exclusive Resorts Reviews Is This Vacation Club Worth the Cost? Registry Collectionallows you to deposit time from your fractional property to exchange for a stay at another property. Usage is the biggest consideration in making a purchase. It has been provided by sources other than the Realtors Assoc. Fractional ownership is deeded ownership in a property and the usage time is much longer. At the time of the release in 2009, 177 fractional interests were sold. Whether you're looking for a picturesque waterfront home or a luxury pad up in the mountains, investing in a fractionally owned house is the most cost-effective option. In addition to a lower purchasing price, operating costs including property taxes and utilities are shared among homeowners. Copyright, 1995-2015, REALTORS Association of Maui, Inc. All Rights Reserved. This Deeded, One-twelfth Fractional Ownership Interest Gives You 21 Deeded Days A Year Plus Ac. Here are some answers to questions I frequently get: No. Fractional two week ownerships Information for Maui Sunset Timeshare owners. Every day on property you will be pampered by the Montage staff, the twice daily housekeeping, your assigned concierge, not to mention the in-residence dining, signature restaurant, kids programs, lagoon pools and much much more. . Every day on property you will be pampered by the Montage staff, the daily housekeeping, your assigned concierge, not to mention the in-residence dining, signature restaurant, kids programs, lagoon pools and much much more. A great spot if you are looking to live for part of the year somewhere with history and culture. What should the owners of a family business consider when dividing shares of stock among their children? Montage Fractional Ownership The Montage Kapalua is Mauis most exclusive residence club. We have been helping owners get the most of their ownership for over 30 years. Montage is Hawaii's 4th and newest Forbes 5 Star Property!!! This deeded, one-twelfth fractional ownership interest gives you 21 consecutive deeded days a year plus access to additional days on a per diem basis. the residences Situated along the 18th hole of the Jack Nicklaus Signature Golf Course, these spacious 3 and 4 bedroom residences offer fractional or wholly-owned home ownership that affords the comfort, luxury and amenities of a second home without the responsibility of year-round maintenance. . First, does the allocated usage fit with your plans? M's second home on the Big Island offers fantastic views of the Kohala Mountains, Mauna Kea, Maui and the fourth fairway of the Francis H. I'i Brown Golf Course within the Mauna Lani Resort. Starting at $445,000 1/12th deeded fractional interest Maui Real Estate Featured Areas. Your fixed time is three consecutive weeks covering Christmas & New Years Eve every year (weeks 51, 52 & 1). 1 Bay Dr, Lahaina, HI 96761, USA Resales $99,900 and up - Fractional Resort 1750 sq ft 2 Bedrooms 2 Bathrooms Montage Fractional Ownership The Montage Kapalua is Maui's most exclusive residence club. The Montage is located in the heart of Kapalua which is in close proximity to several other white sand beaches, two fantastic golf courses, the Kapalua tennis club, and a number of great restaurants. You can email me at JillCaisey@HawaiiLife.com or via phone at (808) 634-8062. Year-round access guarantees a luxurious private vacation home that is as effortless as it is enjoyable, with services and amenities that rival the grandest five-star resorts. Divide share cost by home value: $2,400,000/$1,800,000 = 1.33. Fractional ownership allows you to share in the profits from a real estate investment. Arrived Homes website recently announced: Vacation Rental Properties Coming Soon., Our team has been quite busy preparing our latest investments for you. Every day on property you will be pampered by the Montage staff, the twice daily housekeeping, your assigned concierge, not to mention the in-residence dining, signature restaurant, kids programs, lagoon pools and much much more. Once an owner checks in for their reserved Space Available week they can immediately reserve another Space Available Vacation week. Whole ownership offers the choicest vacation home options from grand Tuscan villas to slopeside penthouses. Site is Managed/Operated by Alex Cortez, of, Alex Cortez - Island Sotheby's International Realty, https://www.hawaiirealestatesearch.com/thumbs/200x200/uploads/agents/2043998399.jpg. Montage Resort offers good value properties, Hawaii Fractional Ownership Options are Still Limited, Timbers Kiawah Residences Nearing Completion, Fairmont Heritage Place The Cedars, North Carolina, Orlando, FL New Pre-Construction Condo Hotel, Condo Hotel Tower: Downtown Miami, Florida. Stretch Jet Card. It has been provided by sources other than the Realtors Assoc. Like Whole Ownership, the Fractional Ownership in the Private Residence Club is a true real estate asset deeded into perpetuity. Possibly 5 years or so down the road--my husband would like to retire around then if at all possible. There are only 3 ownerships on property with these very desirable weeks. Its top floor, corner unit and almost exact center location of the inner courtyard afford it panoramic straight on views of the ocean, Molokai island, seasonal sunset and humpback whale watching. Hawaii Real Estate News. Our goal is to give you the most comprehensive list of properties available. Montage is Hawaii's 4th and newest Forbes 5 Star Property!!! The 3D tour is an actual video of this units views, as it was taken from 3102's lanai. The choice is clear. The 24 acre resort is the ideal destination to embrace island hospitality and authentic culture. All are three weeks of ownership granting you a 1/12 th ownership interest in a luxurious two bedroom or three bedroom villa. Montage is Hawaii's 4th and newest Forbes 5 Star Property!!! 2650 Sq.Ft. I would like to find somewhere warm to go in the wintertime--possibly Hawaii for a few months out of the year. The new models of vacation ownership are a far cry from the old time-share model where slick salespeople lured buyers to seminars where they were pressured to buy one week of time in a beachfront condo they sometimes couldnt afford. The ground floor residences' patio extends out onto a small private lawn, with easy access to the pool and other common areas. This deeded, one-twelfth fractional ownership interest gives you 21 deeded days a year plus access to additional days on a per diem basis. The largest fractional operators, including operators of both jets and turboprops, are ranked and discussed below. So why are there no snowbird properties? luxuryfractionalguide.com Aloha Jeff Up Coming Trips: Maui Schooner 04-23-2023 to 04-30-23 Big Island; Mauna Loa 05-20-23 to 05-27-23 Denver and Wisconsin 2024 My Website L Limace TUG Member Joined Jan 31, 2018 Every day on property you will be pampered by the Montage staff, the daily housekeeping, your assigned concierge, not to mention the in-residence dining, signature restaurant, kids programs, lagoon pools and much much more. Vacation In Luxury Properties Investors vacation in this home and allEquity Residenceshomes Properties. This 1/12 fixed fractional ownership is for weeks 31-33, (August), every year with the option of a fourth week at a significantly reduced cost through the resort. Montage is Hawaii's 4th and newest Forbes 5 Star Property!!! Is fractional ownership worth doing on one of the islands? This deeded, one-twelfth fractional ownership interest gives you 21 deeded days a year plus access to additional days on a per diem basis. Even searching real estate websites can prove to be difficult, as the fractional ownership properties are often in a separate section of the realtors site. Montage is Hawaii's 4th and newest Forbes 5 Star Property!!! Simply put, fractional ownership is a partnership in which a group of like-minded investors join forces to purchase a property.