If you're searching around for real estate or rental lodging in Aspen, Colorado, you see the word "Luxury" used a lot. While Aspen does have its fair share of affordable and mid-priced accommodations, the town is best known for offering the best of the best. There are plenty of luxury choices from which to choose, and many visitors or potential owners prefer international name-brand resorts such as the Ritz-Carlton and the Hyatt Grand. Other guests opt for local luxury names like The Innsbruck Aspen. In the end, it comes down to personal preference between luxury brands and local. So which is best for you? This week our blog crew explains how you can sneak into Aspen's luxury fractional resorts for a taste. Maybe you're thinking of buying, or maybe you just want to stay in one! Either way, we've got you covered.
The first important thing to know about Aspen's luxury fractional resorts is how they operate. These properties are called aEUoefractionalaEU because potential owners purchase a week (or weeks) of ownership, much like a traditional timeshare. Many of the luxury resorts in Aspen offer one- or two-week increments. Fractional property owners are allowed to do as they please with their purchased weeks. Many of course use the time to come and ski, experience the Aspen nightlife, and enjoy a leisurely retreat. Other owners choose to rent their weeks out. Frias Properties of Aspen works closely with many fractional owners at resorts like the Ritz, Hyatt, Innsbruck and St. Regis Residence Club to market their weeks and ensure rentals. In return, Frias has a large inventory of luxury rentals available for all seasons to offer its customers. Since owners at these resorts own week-long increments, most of the rentals are for 7-night stays. However, Frias vacation specialists may be able to put together shorter stays with the owner's consent. Also, longer stays can definitely be arranged. Pricing for the units varies greatly depending on the week. Obviously, Christmas and New Year's weeks are the highest rates. Other key dates like Thanksgiving, Winter X Games, Memorial Day, Food & Wine Classic, Fourth of July and Labor Day weekend are also popular. Other weeks during the summer and winter season are more affordable.
Staying at a luxury fractional resort can be the first step in potentially owning a fractional unit. Purchasing weeks at a fractional resort is a great way to own property in Aspen without any of the hassle. And, fractional interest in luxury properties often times sell for a lot less than a traditional condominium or home. It's a great way to be able to afford owning something in Aspen. Every owner receives all the benefits of ownership, including all of the amenities and first-class services associated with luxury name brands like the Ritz and Hyatt. Keep in mind that each luxury resort has its own character and personality. The Hyatt Grand Aspen and the St. Regis Residence Club are both located on Dean Street in Aspen, just footsteps away from the heart of downtown, Aspen Mountain and the gondola. If you want to be in the heart of it all, the Hyatt and St. Regis are tops on the list.
The Ritz-Carlton Club is right on the slopes at Aspen Highlands - five-star service and ski-in, ski out. The Ritz is perfect for the discerning traveler, and skier. Experience front-row accommodations while skiing or snowboarding the slopes - and the famous Highlands Bowl. The Innsbruck Aspen is located right on Main Street and offers luxury accommodations mixed with true mountain charm. The Innsbruck Aspen is a perfect place to stay - summer or winter. The broker team at Frias Properties of Aspen has a number of weeks available for purchase after you've experienced their luxe