Owner association currently available

21-5 CA20

Below you will find a brief description of this owner association. 

 

 

Hawaii - Whistler - New York - Palm Springs - Okanagan Valley

With an ownership share in 21-5 CA20 you become a co-owner (1/21) in 5 beautiful vacation homes at the locations listed above. The homes are solely owned by the 21 families in the owner association.

 

Cost pr. ownership share: CA$ 795,000

Monthly maintenance fee: CA$ 1,450

 

The Whistler/Blackcomb vacation home will be  as close as possible to the central village and ski runs and have minimum three bedrooms and two bathrooms. It will not be a unit in a resort development, but an individual home with its own charm and character. The type of dwelling can be both a detached home, 1/2 duplex, a townhouse or a condo.

In Palm Springs we will purchase a detached single-family house with minimum four bedrooms and expansive outdoor space with private pool. The architectural style we’ll be  looking for is either the charm and character of a hispanic inspired home or the aesthetics and functionality of a mid-century modern house.

In New York City we will acquire a two bedroom, min. one bathroom, condo with an option for an extra bed in the living room. We will only consider condos in well-built and well-run buildings. Our search will focus on charming and vibrant areas with great shopping and restaurant options. Some of our current owner associations have condos in Midtown, East Village and Hell's Kitchen.

In Hawaii, the vacation home will be located on the island of Maui. The specific areas will be either Kapalua or Lahaina on the North West side of the island or Kihei/Wailea on the South West side, and we will purchase a home with minimum four bedrooms and two bathrooms, outdoor space and, if possible, access to a pool. It will not be a unit in a resort development, but an individual home with its own charm and character. The type of dwelling can be either a detached home, a 1/2 duplex, or a townhouse, as long as it lives up to the overall criteria described above. 

For the Okanagan Valley, the 21-5 owner association will purchase a detached single-family house with minimum four bedrooms and expansive outdoor space including private pool and lake views. Our primary focus areas will be Osoyoos, Penticton, Peachland and Carrs as these locations offer top notch topography, landscapes, views and wineries. Kelowna and West Kelowna will not be considered because of the recent 2% Speculation and Vacancy Tax applicable to vacation homes in these two municipalities. 

It typically takes 12-18 months from the owner association is fully assembled with its 21 families, until all 5 vacation homes have been found, purchased, renovated, furnished and are ready to be enjoyed by their owners.

 

Terrace with ocean view from a 21-5 townhouse on Mallorca, Spain

21-5 gives you a lot more bang for your buck

The illustration here compares buying your own single vacation property to the 21-5 concept;
If you invest $795,000 in your own single vacation property, you will, hopefully, get a property that represents a $795,000 value. 
However, if you invest $795,000 in a 21-5 owner association, you will co-own five vacation properties which, on average, represents a value of $3,339,000 each. Five homes which each are far superior in terms of location, size, amenities, furnishing, etc. than a single vacation home acquired for a similar amount of money.  

Further more, your monthly cost of ownership, including property taxes, insurance, repairs, etc, will most likely be comparable, or higher, if you own your own single vacation home. 

Last, but not least, 21-5 will ensure a no-stress ownership experience. All you have to do is book your vacation week(s), arrive, and enjoy your five beautiful vacation homes and their amazing locations.

If you'd like to hear more about 21-5 and this available owner association, then please don't hesitate to fill out and submit the form below. You are of course also more than welcome to email or call us.

We look forward to finalize CA20, and we especially look forward to find and create five beautiful vacation homes for the owner association's families. 

 

 

 

More than 500 families have joined a 21-5 owner association

Order information material for 21-5 CA20

 

Contact 21-5 and we will help you fulfill your vacation home dreams.

 

email to info@21-5.com or call 604 446 1188