Experience the Life of a Jetsetter With Fractional OwnershipSeptember 4th, 2010 by The JetSetter Team | Comments Off on Experience the Life of a Jetsetter With Fractional Ownership
The concept of fractional ownership of luxury items allows more people than ever to live the life of a jetsetter. Condos, cars, private jet airplanes, yachts, and even fine art can be yours for a fraction of the cost. Of course, you only get to enjoy it for a fraction of the time but, to many people, a little is better than nothing.
We”re used to the idea of fractional ownership in relation to condos. You pay a yearly fee, maybe a few thousand dollars, for the use of the condo for a particular week. 51 other people are sold the same rights and, voila, every week of the year is filled. It”s not especially cheap but it is cheaper than buying a condo outright on the French Riviera, Acapulco, or the Florida Keys.
The latest fractional ownership craze that lets you live the life of a jetsetter is vineyards. That”s right. Dip your toe into the Argentinian wine industry for a mere $12,000. For that low entry cost you receive a 1/25th share in the La Vida Buena Argentine Boutique Vineyard, plus the use of a 2 bedroom / 2 bath rental casita. With wine sales from the region soaring to customers like the United States, Canada, and Brazil, local developers estimate your $12,000 investment would be generating approximately $2,000 annually by year five. Don”t expect any profit the first few years because it takes awhile to get the vines up and growing.
The onsite rental casita will help boost the vineyard”s income and will also be available to owners interested in taking a look at how their investment is proceeding. Don”t ever say we never told you how to live the life of a jetsetter vineyard owner at a fraction of the cost of starting one yourself.
The Jetsetter Team
Flickr / Tambako the Jaguar
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