Friday, March 5, 2010
Villa Castellamonte Launches Fractional Ownership Website
Villa Castellamonte launched their dedicated website to the Dominican Republic Fractional Ownership program recently released. The new website is totally dedicated to providing information and insight into fractional ownership concepts and how the unique fractional ownership program of Villa Castellamonte is structured. You can read it at http://www.drfractionals.com
Monday, March 1, 2010
Ultimate Escapes Signs Reciprocity Agreement With Villa Castellamonte
Members Offered Access to Dominican Republic’s Most Beautiful, Private Beachfront Villa.
Ultimate Escapes, one of the world’s largest destination clubs, has finalized a reciprocity partnership agreement with Villa Castellamonte del Mare, an exclusive five-star ultra-luxury villa in the Dominican Republic. Through this strategic partnership, Ultimate Escapes members will have exclusive reciprocity access to this magnificent 15,000 sq. ft., fully-staffed villa located high atop a sea cliff in Cabrera, within the prestigious gated community of Orchid Bay Estates, on the Dominican Republic’s beautiful North Coast. Villa Castellamonte owners will also have reciprocal privileges to enjoy Ultimate Escapes’ fabulous residences in 45 resort destinations.
Villa Castellamonte del Mare, or “little castle on the hill by the sea,” has a unique beachfront location with sweeping 220-degree views of the Atlantic Ocean and access to every luxury service and amenity the North Coast of the Dominican Republic has to offer. Villa Castellamonte is the most recent partner to participate in the Ultimate Escapes Reciprocity Program, which permits affiliated developers and owners in participating five-star resorts to commit weeks of use of their luxury residence in return for similar access to Ultimate Escapes’ destinations.
“We are excited to add yet another spectacular partner resort to the Ultimate Escapes Reciprocity Program,” states Jim Tousignant, CEO of Ultimate Escapes. “Partnerships such as Villa Castellamonte enhance the choice of destinations and residences available to our members, and additionally provide our partners with a great benefit for their owners.”
Designed to evoke “Tuscany in the Caribbean,” Villa Castellamonte provides the ideal setting for romantic destination weddings, large family gatherings or corporate retreats. A full-time staff of butlers, chef, maids, laundresses, gardeners and security and maintenance professionals ensure every detail is handled. The expansive property accommodates up to 16 adults and features eight air-conditioned suites with en suite bathrooms, hand-painted frescos and murals, state-of-the-art audio-video systems, custom-designed gaming tables (billiards, poker, shuffleboard, foosball and more) and a fully equipped fitness center. Spacious terraces directly overlook the private pool, the manicured tropical gardens and the Atlantic Ocean.
Additionally the property includes a four-hole putting and chipping green (a full game can be enjoyed at the nearby Playa Grande Golf Course) and a special spa kiosk where guests can enjoy top-of-the-line spa treatments. Within the town of Cabrera, Villa Castellamonte is conveniently located near popular tourist destinations such as Cabarete, Sosua, Puerto Plata and Samana Bay.
“We are confident Ultimate Escapes’ members will thoroughly enjoy access to Villa Castellamonte and our owners will love the flexibility and variety of Ultimate’s portfolio of other beautiful homes in 45 resort destinations,” states Jason Matthews, managing partner of Luxury Villa Collections, the owner of Villa Castellamonte. “We look forward to this being a very successful partnership for both parties.”
Ultimate Escapes, one of the world’s largest destination clubs, has finalized a reciprocity partnership agreement with Villa Castellamonte del Mare, an exclusive five-star ultra-luxury villa in the Dominican Republic. Through this strategic partnership, Ultimate Escapes members will have exclusive reciprocity access to this magnificent 15,000 sq. ft., fully-staffed villa located high atop a sea cliff in Cabrera, within the prestigious gated community of Orchid Bay Estates, on the Dominican Republic’s beautiful North Coast. Villa Castellamonte owners will also have reciprocal privileges to enjoy Ultimate Escapes’ fabulous residences in 45 resort destinations.
Villa Castellamonte del Mare, or “little castle on the hill by the sea,” has a unique beachfront location with sweeping 220-degree views of the Atlantic Ocean and access to every luxury service and amenity the North Coast of the Dominican Republic has to offer. Villa Castellamonte is the most recent partner to participate in the Ultimate Escapes Reciprocity Program, which permits affiliated developers and owners in participating five-star resorts to commit weeks of use of their luxury residence in return for similar access to Ultimate Escapes’ destinations.
“We are excited to add yet another spectacular partner resort to the Ultimate Escapes Reciprocity Program,” states Jim Tousignant, CEO of Ultimate Escapes. “Partnerships such as Villa Castellamonte enhance the choice of destinations and residences available to our members, and additionally provide our partners with a great benefit for their owners.”
Designed to evoke “Tuscany in the Caribbean,” Villa Castellamonte provides the ideal setting for romantic destination weddings, large family gatherings or corporate retreats. A full-time staff of butlers, chef, maids, laundresses, gardeners and security and maintenance professionals ensure every detail is handled. The expansive property accommodates up to 16 adults and features eight air-conditioned suites with en suite bathrooms, hand-painted frescos and murals, state-of-the-art audio-video systems, custom-designed gaming tables (billiards, poker, shuffleboard, foosball and more) and a fully equipped fitness center. Spacious terraces directly overlook the private pool, the manicured tropical gardens and the Atlantic Ocean.
Additionally the property includes a four-hole putting and chipping green (a full game can be enjoyed at the nearby Playa Grande Golf Course) and a special spa kiosk where guests can enjoy top-of-the-line spa treatments. Within the town of Cabrera, Villa Castellamonte is conveniently located near popular tourist destinations such as Cabarete, Sosua, Puerto Plata and Samana Bay.
“We are confident Ultimate Escapes’ members will thoroughly enjoy access to Villa Castellamonte and our owners will love the flexibility and variety of Ultimate’s portfolio of other beautiful homes in 45 resort destinations,” states Jason Matthews, managing partner of Luxury Villa Collections, the owner of Villa Castellamonte. “We look forward to this being a very successful partnership for both parties.”
Villa Castellamonte Announces Fractional Ownership
Villa Castellamonte, widely regarded as one of the most popular and exclusive privately owned luxury vacation villas, announced the release of its Fractional Owners Program enabling investors to acquire 1/10th shares in the villa.
Villa Castellamonte, one of the Dominican Republic's most exclusive 5 star ultra-luxury private villas, announced today the unveiling of its recently established Fractional Owners Program. The Fractional Owners Program allows accredited investors to purchase 1/10th "units" in this highly regarded vacation villa. Fractional owners are then able to enjoy five weeks use of the fully staffed villa and rotate those weeks annually. Management of the villa will remain with North Coast Management, S.A.
"Fractional ownership programs are found throughout the world, allowing investors to own and enjoy a property of a much higher value than they could typically afford individually," commented Jason Matthews, the current sole owner of Villa Castellamonte. He continued, "For me, the rationale to fractionalize made sense because although my ownership will be less, so too will be my expenses." Mr. Matthews is retaining 2 units (20% ownership) in Villa Castellamonte for his own personal use and enjoyment.
A key element of the new fractional ownership program is the availability of financing. Citing the economic rocky road, Mr. Matthews is offering to personally finance accredited investors seeking to purchase one or more units through the program. Further, realtors and brokers are also compensated under the program.
Villa Castellamonte has been seen on MSNBC's On the Money, cited as a "Top Ten" villa by Caribbeanway/AskMen and noted as a "Fodor's Choice" destination in their 2009 travel guide as well as consistently receives excellent guest reviews on Flipkey.com (TripAdvisor for vacation rentals).
Villa Castellamonte, one of the Dominican Republic's most exclusive 5 star ultra-luxury private villas, announced today the unveiling of its recently established Fractional Owners Program. The Fractional Owners Program allows accredited investors to purchase 1/10th "units" in this highly regarded vacation villa. Fractional owners are then able to enjoy five weeks use of the fully staffed villa and rotate those weeks annually. Management of the villa will remain with North Coast Management, S.A.
"Fractional ownership programs are found throughout the world, allowing investors to own and enjoy a property of a much higher value than they could typically afford individually," commented Jason Matthews, the current sole owner of Villa Castellamonte. He continued, "For me, the rationale to fractionalize made sense because although my ownership will be less, so too will be my expenses." Mr. Matthews is retaining 2 units (20% ownership) in Villa Castellamonte for his own personal use and enjoyment.
A key element of the new fractional ownership program is the availability of financing. Citing the economic rocky road, Mr. Matthews is offering to personally finance accredited investors seeking to purchase one or more units through the program. Further, realtors and brokers are also compensated under the program.
Villa Castellamonte has been seen on MSNBC's On the Money, cited as a "Top Ten" villa by Caribbeanway/AskMen and noted as a "Fodor's Choice" destination in their 2009 travel guide as well as consistently receives excellent guest reviews on Flipkey.com (TripAdvisor for vacation rentals).
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