Estimated read time: 3-4 minutes
Vacations are supposed to be a stress-free escape from everyday life. But between the nonstop maintenance, taxes, and overall hassle, owning a vacation home is not always what it's cracked up to be. And that's if you have the extra cash lying around for a second home.
But if you've always dreamed of waking up to the sound of waves crashing outside your window, you're in luck. Vacation home co-ownership is the hot new trend in real estate allowing owners to acquire a piece of luxurious property, minus the nuisances that usually come with homeownership.
Co-ownership is also better for the economy. In a recent Forbes article, Jeffrey Steele writes, "The average vacation home is used just 11 percent of the year, while the homes of one major co-ownership provider are occupied more than 90 percent of the year. That means the local economy profits from nearly year-round patronage of restaurants, retailers, and service businesses in the area."
Nelson Family Estates gives buyers a chance to co-own real estate in some of the most desirable vacation destinations in the country. No multimillion-dollar mansion needed. You could co-own a waterfront—yes, on the ocean!—condo in Oceanside, California for a fraction of what it would normally cost to live in such a sought-after area.
Your new home away from home
Oceanside is known for its true SoCal surf culture and laid-back vibes. It's even the home of the California Surf Museum. The city boasts sunny weather year-round, a historic wooden pier, and charming neighborhoods. Oceanside also has an active harbor and marina that houses bustling shops and hip eateries.
All this on top of stunning beaches ready for you to get your surf on or watch your kids build sandcastles in the sun.
The North Coast Village is a beachfront property with a tropical, resort-like atmosphere. Unit #G321 is a two-story penthouse condo that sleeps six to eight people, with access to pools and jacuzzis plus a gym and sauna.
The two-bedroom, two-bath condo is more than 1,100 square feet and within walking distance of the famous Oceanside Pier. For $295,000 you'd buy a 1/8 share of the property along with other like-minded owners—just like chipping in to buy a vacation home with friends!
The best part? You don't have to lift a finger. The property is turnkey and tastefully decorated by designers from the high-end furnishings down to the silverware in the drawers. Your condo will be professionally cleaned, managed, and maintained, meaning you get to show up and enjoy your vacation without any of the typical stress of solo homeownership.
How does it work?
Co-ownership with Nelson Family Estates is the smart way to buy and own a second home. Unlike vacation rentals or those shady opportunities you hear about in sales pitches, co-ownership means you actually own a stake in the home and can resell it anytime at your price. The condo is a true real estate asset to add to your portfolio.
Nelson Family Estates sets up an LLC for the owners of each property, with either six or eight shares available. Owners can buy one or more shares. Nelson Family Estates vets every buyer and makes the sale process simple. The share is as transferable as any other real estate transaction, meaning you can list your interest anytime. Nelson Family Estates will even help you through the selling process if requested.
Co-own with Nelson Family Estates
Put simply, Nelson Family Estates makes it affordable for people like you to own a vacation home. The company manages luxury condos in destinations like Oahu, Newport Beach, and Oceanside. Visit their website to learn more about the available Oceanside condo or to get more information about their other properties.
