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Fractional Ownership Condos in Aspen Offer Luxury and Flexibility

Posted: 11 Mar 2015

Want to live the luxury Aspen lifestyle? Purchasing a fractional ownership property at a luxury resort in Aspen can give you the lifestyle at only a portion of the cost of buying a home or condominium. Fractional ownership condos at luxury brands such as the Hyatt Grand Aspen, Ritz-Carlton Club at Aspen Highlands or St. Regis Residence Club offer world-class amenities and service.

Aspen real estate

Each luxury resort is unique in amenities, features and benefits. So this week, our blog team takes a closer look at fractional ownership opportunities in Aspen, and which one is the perfect fit for you!

Fractional ownership condos allow buyers to purchase a specific week or weeks per year, much like a traditional timeshare. Buyers can use their week or rent it, depending on their choice. Many first-time buyers choose a fractional opportunity because it allows them a taste of the Aspen lifestyle at a much lower cost than purchasing a full condominium or single-family home. Also, luxury brands in Aspen often times have sharing privileges with other locations in the Caribbean, Los Angeles or New York City. So owners can exchange or trade weeks with other owners from around the world. Needless to say, there's a lot of flexibility and benefits of owning a fractional residence in Aspen. Frias brokers are experienced in fractional opportunities, and have helped many buyers secure the unit and the weeks for which they are looking. Our brokers are available 24/7 to help you begin the process of selecting the right unit and weeks for you. Now, let's take a closer look at the individual luxury brands:

The Ritz-Carlton Club For more than 100 years, the Ritz-Carlton Club name has carried with it a reputation of luxury and extravagance. Located at Aspen Highlands ski resort, the local version of the Ritz is no different. With majestic mountain views and true ski-in/ski-out access at the base of the mountain, the Ritz-Carlton Club at Aspen Highlands features 2- and 3-bedroom luxury condominiums featuring granite counter tops, marble bathrooms and hardwood finishes throughout. Guest enjoy all these amenities, as well as world-class skiing right outside the door. These units typically sell in two week blocks (often referred to as a 1/20 interest).

In addition to winter activities, guests also enjoy the Ritz-Carlton Club at Aspen Highlands during the summer months due to the plethora of outdoor recreational activities located nearby: hiking and biking; horseback riding; golf and tennis; fly-fishing; parasailing; hot air ballooning; and more! Afterward, guest can relax in the spa or fitness center, or have an exquisite meal at Willow Creek Bistro. Each unit features master suites with walk-in closets; gourmet kitchens; formal dining areas; stone fireplaces; washer/dryer; and complimentary Wi-Fi. Other amenities include:

  • Heated Outdoor swimming pool with deck and whirlpool spa
  • Fitness Center
  • Ski Valet Shuttle Services
  • Onsite Concierge Service
  • Twice Daily Housekeeping
  • The Ritz-Kid's Program
  • Onsite Underground Parking

The Hyatt Grand Aspen The Hyatt Grand Aspen sits at the base of Aspen Mountain in downtown Aspen, and offers one fixed week and 10 floating days per share in the 1- to 3-bedroom luxury condominiums. Owners may rent or trade weeks at other Hyatt Vacation Club properties. The Hyatt Grand Aspen is rich in activity, excitement and choice, with world-class skiing, an ice rink, and all of downtown Aspen's entertainment right out the door. Only one block from the Aspen Mountain gondola! Luxury condominiums at the Hyatt Grand Aspen feature plasma TVs; gourmet kitchen with Viking appliances; formal dining area; private French balconies; master suite bathrooms with steam showers and jetted tubs or deep soaking tubs; and high-end wood finishes throughout.

Other amenities include:

  • Heated swimming pool and outdoor hot tubs
  • Fitness Center
  • Ski Valet
  • Shuttle Service, airport and in-town
  • Onsite Concierge service
  • Daily housekeeping and turn-down service
  • Complimentary Wi-Fi
  • Complimentary Continental breakfast served daily
.

The St. Regis Residence Club Maybe the most flexible development of those available, the St. Regis Residence Club offers four fixed or four rotating weeks per share in its 2- or 3-bedroom condominiums. The St. Regis Residence Club is located in downtown Aspen, and is a perfect environment for superb winter skiing, summer sports and the arts. One block to downtown or the lifts. Owners may trade their unused weeks for Starwood Preferred Guest points, which can be used at 750 hotels around the world. Luxury units at the St. Regis Residence Club feature gourmet kitchens; stone fireplaces; flatscreen TVs; heavenly beds with Frette linens; and upgraded luxury bathrooms with marble.

Other amenities include:

  • Heated swimming pool and outdoor hot tubs
  • RemA"de Spa
  • Ski Valet Shuttle Service, airport and in-town
  • Onsite Concierge service
  • Daily housekeeping and turn-down service
  • Complimentary Wi-Fi

For more information on luxury fractional opportunities in Aspen, call (800) 253-0330.