With the launch of DeSoto Grande, a new concept has finally arrived in Manatee and Sarasota Counties – luxury fractional real estate. SKY Sotheby’s International Realty, an upscale real estate brokerage firm, today announced that the company will be handling the sales for this unique development.
Located on Anna Maria Island and developed by Palatial Destinations, DeSoto Grande is the first development of its kind in the area. As a fractional ownership community, buyers are given the opportunity to own a multi-million dollar oceanfront vacation home for a mere fraction of its value. Prices start from the $190,000s.
"There is a segment of the market with usage patterns that make the financial investment associated with whole ownership difficult to justify," says Chad Roffers, President, SKY Sotheby’s. "Therefore, a fractional ownership property like DeSoto Grande is the perfect alternative because it offers the best of both worlds - ownership of a luxurious oceanfront home at an affordable price, paired with the ultimate vacation lifestyle."
Palatial Destinations carefully selects all potential ownership participants. Owners will have deeded interest in a multi-million dollar estate for less than a typical down payment for such a property. This interest, typically offered at 1/8 to 1/13 fractions, provides buyers with four to six weeks use of the estate on a fixed rotating schedule. Each owner receives a fee simple deed of ownership and all owners share expenses, such as property taxes and maintenance equally.
As a fractional ownership community, DeSoto Grande’s residences are designed to provide considerably more quality, convenience, services and treatment than a conventional vacation home. It combines virtually all of the benefits of whole ownership with the services and treatment of a fine hotel, without worry. Amenities include screened balconies perfect for beautiful ocean views, high-end standard finishes such as granite counter tops, top-of-the-line appliances, covered parking, plasma TVs and a resort-style swimming pool. DeSoto Grande is also within walking distance of many of historic Anna Maria Island’s restaurants, shops and luxurious day spa. In addition, all owners at DeSoto Grande have unlimited access to Palatial Destinations’ concierge service such as arranging dinner reservations, tee times, pre-arrival grocery shopping needs, securing event tickets and scheduling spa services.
For more information about DeSoto Grande, visit www.desotogrande.com or call 941.366.9777.