Becoming a Co-owner
Essentials for fractional ownership at Playa Viva
Playa Viva is offering co-ownership opportunities in 1/52nd shares, corresponding to one week units in either 1, 2 or 3 bedroom casitas. Co-ownership plans are designed to provide our owners with maximal scheduling flexibility, allowing ownership packages to be created that best meet their needs. There are three types of co-ownership shares available for purchase: Holiday, Fixed and Flex weeks. Holiday and Fixed Week shares are designed for owners who always want the same fixed week each year or who want to buy an entire month or set of weeks in any order. Flex Week shares are available for owners with a more flexible schedule or who can travel based on availability. In addition, shares of more than one week can be created in whatever format fits your needs combining Holiday Weeks, Fixed Weeks and even Flex weeks to create the package that best fits your needs. Discounts are available for purchasing multiple shares.
There are five holidays: Thanksgiving, Christmas, New Years, Easter and Presidents weeks which all lie within High Season. High Season begins on the first Saturday in November and lasts 31 weeks. Since Easter falls within a six week window each year, there are five weeks each year that comprise the Easter "blackout" weeks. As a result, these weeks are NOT available for use as Fixed Weeks but are available as prime weeks for owners of Flex Weeks.
1/52nd fractionals for the 1-bedroom, 2-bedroom and 3-bedroom Casitas can be acquired for as little as $9,500 (plus closing costs), so with a down payment of 20% or $1,900 you have your own place on a beautiful secluded beach in a sustainable resort. We are currently offering special pre-construction pricing to Charter Member buyers. Please inquire with your Playa Viva contact for more pricing information or call 1.866.482.8922 or 1.650.242.8074 for more special introductory pricing information.
A Casita at Playa Viva is part of the overall infrastructure available to you. You may choose from Casita's in 1, 2 or 3 bedroom configurations. In most cases, rooms have a private or shared bath with 1 other bedroom. Each Casita is a standalone unit and provides plenty of privacy and distance from the next Casita. Your Casita is further complemented by the expansive 'community areas' surrounding each individual Casita.
We find that Playa Viva attracts a certain type of visitor. Playa Viva does not have air-conditioning, TV in every room, mini-bars, etc. Such a resort does not appeal to the typical conscious-consumer traveler. From our experience, a place like Playa Viva attracts a traveler like you in many ways -- each with their own story and sense of sustainable values. Exclusivity for Playa Viva is about the company you keep: Families and individuals with shared values in the protection of the environment.
We estimate initial maintenance fees to average around $800 per year (depending on type of week: Holiday, Fixed or Flex; and depending on type of bedroom configuration: 1, 2 or 3 bedrooms). We are making every effort to minimize costs associated with maintenance including the development of a fund for long-term maintenance and replacement of roads, bridges, roofs, water system, electric system, etc. As a sustainable resort, we are doing our best to make sure that maintenance fees remain as low as possible. An example of this is evident in our self-sustaining fan palm farm used as the material to replace the palapa roofs. By growing our own roofing material, we can cut the cost of replacement in half. Being a co-owner of a sustainable resort, you are more assured of lower ongoing costs related to maintenance.
