Vacation Property Resellers

Vacation Property Resellers Vacation

Cottages in Canada and the U.S.
A cabin in the U.P. of Michigan

In North America, most buildings known as cottages are used for weekend or summer getaways by city dwellers. It is also not uncommon for the owners of cottages to rent their properties to tourists as a source of revenue.

In Saint John, U.S. Virgin Islands, most buildings known as cottages or vacation rentals are used for weekend or summer getaways.

Canadian cottages are generally located next to lakes, rivers, or the ocean in forested areas. They are used as a place to spend holidays with friends and family; common activities including swimming, canoeing, waterskiing, fishing, hiking, and sailing. There are also many well-known summer colonies.
Private residence clubs

Private residence clubs are the luxury, high end of the fractional property market. They provide the services and amenities of five star hotels, and some of the luxury hotel groups run their own private residence clubs. Occasionally membership in a private residence club grants to its member only the right to usage of the club properties and services, without ownership rights in the properties themselves. Note a private residence club is different from a destination club, although the terms are sometimes used interchangeably.

In addition to luxury private residence clubs, single "stand-alone" vacation homes and condos can be converted to fractional ownership. This fractional home conversion process can be accomplished by any knowledgeable seller or through a fractional consulting company. The benefit of fractional home conversion includes the ability of the home owner to keep a portion of the ownership for themselves, p ay off debt and reduce expenses.

Todd Ferron Real Estate :Cottages in Britain
Duck Island Cottage, St James's Park, London

One type of cottage is a called a penty. The term is used to refer to a labourer's or fisherman's one-roomed house, often attached to a larger property. It is typically in cubed proportions.

Farmers cottages are another example, and as the name suggests are usually set in rural locations. Farmers cottages are purpose built, and are typically "two up, two down", semi detached properties. although many have been modified to create larger, more comfortable, and more expensive country homes.

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