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#459057 - 02/27/13 07:16 PM Longer term condo/vacation rentals???
Partytime Offline
Does anyone rent for more than a week at a time in Ambergriscaye? I was considering finding a rental that I could rent either on a monthly or quarterly basis and what I mean is, I'm thinking of renting a vacation spot for the same month each year or the same 3 months of a year where I could come and go as I please and/or have friends or relatives use it for a week here or there when I'm not using it. I.e. if four families rented a place each for three months there would only be four people using the place.
Has anyone done anything like this or do you think it's a good idea?

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#459092 - 02/28/13 12:38 AM Re: Longer term condo/vacation rentals??? [Re: Partytime]
SnoopysMom Offline
Yours is a creative idea and might be feasible for the right property / owners, and especially during low season (more availability). It would also be helpful if you included more details such as "Private Home or condo", "North/ South/ Intown", Beachfront, ect?

One factor to consider is a "long term rental agreement", as my understanding is that any rental agreement less than 6 month would be considered vacation rental and subject to BTB fees.

There are several property rental companies / individuals represented on this board that can probably add to this and assist you further. Good luck partytime smile


Edited by SnoopysMom (02/28/13 12:40 AM)
Edit Reason: clarification

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#459165 - 02/28/13 09:20 PM Re: Longer term condo/vacation rentals??? [Re: SnoopysMom]
Partytime Offline
Thanks for the input! It's just an idea I'm throwing around in my head. Longer term rentals would allow me to settle in instead of living out of a suitcase (so to speak). It could also be set up as a condo owned by four (or more) families so it's not actually renting, it would be owned by the four families. I think they call it fraction ownership or some term meaning the same thing.
It would be interesting to see how many people would be interested in sharing a condo? Fully furnished with linen service of course. It would definately bring the cost of ownership way down.
I'd love to hear everyone's thoughts???

Thanks SnoopysMom :-)

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#459219 - 03/01/13 03:32 PM Re: Longer term condo/vacation rentals??? [Re: Partytime]
JaHo Offline
Last I knew Sueno Del Mar had exactly that - 3 month fractional ownership. It's a lovely spot about 10 miles north of the bridge. You might want to check to see what they're doing now.

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#459238 - 03/01/13 08:06 PM Re: Longer term condo/vacation rentals??? [Re: Partytime]
ScubaLdy Online   embarrased
I have a couple of friends who each bought 2 months - March and April. From what they told me this seemed like a good idea - until all the preferred months were gone. Then the developer was stuck with unsold units during the off season.


Edited by ScubaLdy (03/02/13 05:53 AM)
_________________________
Harriette
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#459420 - 03/04/13 04:58 PM Re: Longer term condo/vacation rentals??? [Re: Partytime]
Partytime Offline
Thanks for the input! It's a good point about the off season, maybe the cost of ownership will be less then. I'll have to see what's available.

Thank you!!! :-)

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