In the early 80's Fractional Ownership was just beginning to emerge, and from its roots in time share, it has now grown to an over $2 billion dollar industry. Because of this amazing growth, many of the finest resorts in the world are now offering Fractional Ownership, including the Four Seasons, the Marriot, the Hyatt and the Ritz Carlton to name a few
FCI's Vision is to Assist, Consult, and Sell higher end Fractional Ownership products in the form of private homes, vacation homes, developments, and private yachts beginning with the central pacific zone of Costa Rica. We will in many cases be able to finance these fractional interests throught our banking sources and to tie the fractional properties into an international fractional exchange program with other quality residences world wide. Fractional ownership consulting services are also available through FCI to the global markets in other countries upon request
The Average Fractional Income from fractional sales is 25% to 100% over fair market value, but we at FCI like to stay closer to the 25% to 50% in order to offer the fractional buyers a great deal and also be able sell the fractional units faster during a slow whole ownership real estate selling period as we are now experiencing. This is part of the overall consulting and sales vision of FCI to establish the fastest, fairest, and most profitable price point for each product we sell or consult for.
What we have found to be true: The fact is most second home are only used 3 months of the year, yet the owners are still paying the yearly taxes, maintenance costs, utilities cost, security, mortgages, and the many others bills for the entire year.
As Americans now struggle to cope with one of the deepest recessions in half a century, the fractional ownership market continues to grow, leading long-term analyst conclude that the fractional ownership programs are filling a growing need for the new travel and vacation options.
Let us show how you can reduce your responsibilities of ownership and also keep the quality vacation time that makes this life truly enjoyable
Founder and President of F.C.I. John Scholz was one of the first in those early years to see the win-win potential in fractional ownership over the existing time share programs and to put this new concept into action. Working with a local bank in Lake Tahoe California that had 40 condos they were unable to sell, John talked the president of the bank into giving him the condos plus bank financing for the new concept called fractional ownership. This was not an easy task as the notion was very novel in those early days, but the project sold fast and the rest is history. John now lives in Costa Rica as a full time legal resident and has formed Fractional Consulting International S.A., a Costa Rican corporation. The business includes a full legal and sales staff and is located in a brand new office building just 400 meters east of Pops Ice Cream in The Central Pacific coast town of Jaco Beach, Costa Rica
Attorney at law, partner and in-house legal consultant for F.C.I... Gerardo is a native Costa Rican who speaks four languages fluently, has a Masters in Law and handles all the legal questions and paperwork for the (FCI) Firm. With years of experience in Costa Rican law and also as president of PCG Professional Consulting Group, Gerardo adds a most important aspect to the overall in-house services FCI can offer to any potential client.