Enjoy luxurious accommodations offered by the world's finest villas without the million-dollar price tag and year-round maintenance expense.
FRACTIONAL
OWNERSHIP
RESORT LIVING, PERFECTED
Discover the joys of returning to a luxurious second home in Barbados annually through The Crane’s Fractional Ownership. Flexibly designed to allow you to choose the type of accommodation you need when you need it, Fractional Ownership provides all the privileges of ownership, such as access to world-class resort amenities and services, without the costs of outright ownership. This is truly the best of both worlds and the perfect stepping stone between hotel stays and residential ownership
Paradise awaits, let us show you how.
FROM BARBADOS TO THE WORLD
The Crane’s internal ownership exchange system offers maximum flexibility using Club Points to give Fractional Owners an exclusive passport to travel when and where they wish to - to any Crane Resort or to over 50 handpicked resorts and experiences globally. Whether your wish is to sip on rum punch lounge on Crane Beach, Barbados, or to go on a white-water rafting adventure in Seminyak, Bali - the choice is yours!
Is Fractional Ownership For You?
What is Fractional Ownership?
Fractional Ownership simply means owning a share of a residence, where it is divided into fractions, usually 52 weeks. It is a smart and flexible way to own a vacation home.
How does Fractional Ownership work?
Fractional Ownership allows potential buyers to select the perfect time of year that aligns with their lifestyle, considering the amount of time they wish to spend in their vacation home. You can also choose the type and size of residence that best fits your family's needs.
Once you've made your selection, your ownership reservations are confirmed well in advance annually, ensuring you have guaranteed access to your slice of paradise. This type of ownership gives you the freedom to plan your annual vacations and flights with ultimate ease.
What are the benefits of Fractional Ownership?
Owning a fraction of a property means you've invested at a share of the full price, making exclusive, luxury properties more accessible than ever. By sharing ownership, you significantly reduce individual costs, as maintenance and running expenses are divided among all owners.
Additionally, with the property typically managed by a resort, management company, or developer, you enjoy hassle-free, turnkey ownership. This means you can fully relax and indulge in all that a resort like The Crane has to offer without worrying about upkeep or management details. It’s the perfect way to enjoy the luxury lifestyle while keeping your investment manageable!
How is the purchase price determined?
Determining the purchase price for Fractional Ownership is straightforward. Just like regular holidays and vacations, pricing is based on demand, which varies by location, property type, size, and seasonality.
When you choose your desired property type, season, and size of accommodation, each option comes with a specific weekly purchase price and maintenance cost. Typically, larger properties and those in high demand during the winter season will have higher prices, while smaller properties in the summer seasons will be more affordable. It’s an easy-to-understand process that allows you to find the perfect fit for your lifestyle and budget!
How flexible is Fractional Ownership?
The Crane's Fractional Ownership offers remarkable flexibility to suit your needs. Each ownership week comes with a designated Club Points value, allowing you to adapt your plans as necessary. If you want to switch your property type, location, season, or size, you can "bank" your ownership weeks with us, and we will issue you the applicable number of Club Points. These Points can then be used to book accommodations at The Crane, our sister resort East or beyond, that fit your new preferences. If you accumulate enough Points, you even have the option to reserve multiple properties or stay for longer periods!
Additionally, the Club allows you to save your Points for up to three years and even borrow from future years if needed. This means that even with a fixed week and unit type, you have the freedom to adjust your vacations according to your family's lifestyle requirements. Keep in mind that ownership during the winter season in larger properties will yield a higher Points assignment compared to summer season or smaller properties, providing even more options for your getaway!
Can I exchange with other Fractional Resorts?
Fractional Ownership has a rich history dating back to the mid-1960s, and advancements in technology and air travel have made global destinations more accessible than ever. The Crane has established its own direct exchange relationships with affiliated resorts, accessible through Encore Club, boasting 60+ locations across Europe, Asia, North America, the Caribbean, and Mexico.
For even more options, The Crane partners with ThirdHome Luxury Exchanges, offering our owners access to a remarkable collection of luxury, vacation homes worldwide. By transferring your Club Points, you can unlock access to Third Home keys, allowing you to choose from 1,600+ properties in over 100 countries. Easily facilitated through our dedicated Owner Services Department, this allows you to enjoy a diverse range of vacation experiences while making the most of your Fractional Ownership!
Can Fractional Ownership be upgraded to Residential Ownership?
Fractional Ownership at The Crane serves as an excellent stepping stone to full Residential Ownership. Many developers, including us, allow you to apply the equity from your fractional investment toward purchasing a home for you and your family's enjoyment year-round or as needed.
This means that as you enjoy the benefits of fractional living, you’re also building toward your dream of full ownership. While the equity may vary, the key advantage is that you can seamlessly transition to a new home within our resort community, ensuring you continue to enjoy all that The Crane has to offer.
Can I finance my Fractional Ownership purchase?
Yes, absolutely! A minimum of a 10% deposit is required upon purchase but the balance can be financed through the developer. For more details, please contact [email protected].
Can I try before I buy?
Absolutely! The Crane offers an exclusive Discovery Stay programme, allowing keen prospects to experience our exceptional properties firsthand. If you decide to pursue a purchase during your stay, all the money paid for your Discovery Stay can be credited toward your Fractional Ownership purchase.
Next Steps
To learn more, simply book an online or on-resort education session with us. We’re here to help you every step of the way as you explore the possibilities at The Crane!
OUR FRACTIONAL OWNERS SAY
"We like a place where the waves are noisy, and the people are quiet, and where the people are friendly but not too intrusive, and it’s very much like that here. One of the things about coming to The Crane every year is that you come in the first instance because it’s beautiful, it’s a lovely place to be, the weather is wonderful and then, because you start coming every year, and all the others are coming every year, you begin to find yourself as part of a community of people"
JOHN & JOAN A, Owners since 2007
Fractional Ownership Inquiry
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