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“Villas at the Hacienda”

and the “Villas Club”

OVERVIEW

“Villas at the Hacienda” is an intimate enclave of spacious two, three and four-bedroom luxury homes offering an ownership opportunity previously unavailable in or around San Miguel. Owners automatically receive membership in the "Villas Club", which manages and administrates the properties.

The Villas are just steps away from Hacienda Los Pirules Resort and Spa, and Villas Club members enjoy privileges at all the Resort facilities. Villas Club membership provides the ultimate San Miguel lifestyle by combining the advantages of luxury, vacation home ownership, 5-star hotel services and country club privileges at a fraction of the cost.

“VILLAS CLUB” MEMBER SERVICES

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Hacienda Spa Club – Villas Club Members are automatically members of the Hacienda Spa Club with unlimited access to all the common facilities at the spa: exercise facilities with state of the art fitness equipment, saunas, whirl pool baths, steam rooms, luxurious men’s and women’s lounges, multiple swimming pools and a dining area serving spa cuisine.

Equipment, Clothing and Storage – No need to carry golf bags, tennis racquets or other personal sports equipment or clothing through airports. Villas Club Members enjoy spacious and secured personal storage year-around. Digital photos of your residence ensure that upon your return, everything will be just as you left it.

Villas Club Shuttle Service – Villas Club shuttles will provide airport transfers as well as transportation to and from San Miguel’s many entertainment and cultural events.

Pre-Arrival Grocery Shopping Service – Villas Club Members can arrange to have their villas stocked with favorite foods and beverages prior to arrival.

Villas Club Concierge – The Villas Club concierge will arrange transportation, tours, restaurant reservations, golf tee times, tennis court reservations, horseback riding, mountain bike rentals, child care, personal trainers, catered events and any other special needs.

The Villas Club Staff – The Villas Club’s meticulously trained, world-class staff will be dedicated to making every visit to the Villas Club fun-filled and worry-free.

QUESTIONS AND ANSWERS

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What is “Villas at the Hacienda”?

“Villas at the Hacienda” is the member-owned, shared ownership of luxurious residences operated like a private country club. In addition to owning a spacious residence, Villa owners receive Villas Club membership and enjoy “Hacienda Los Pirules Spa Club” privileges while in residence. Villas Club Members enjoy use of the resort’s restaurants, lounge, living room, shops, art studios, swimming pools, library, child and teen center and other facilities. They also enjoy Villas Club concierge service, room service, shuttle service, bell service, housekeeping service, and long-term clothing/equipment storage. This form of ownership, known in the building industry as “fractionals” or “private residence clubs”, is the fastest growing segment of the resort industry, surpassing a half billion dollars in sales this year.

What are the advantages of “Villas at the Hacienda” ownership?

Provides more convenience, services and amenities than are provided by an equally luxurious vacation home

  • Provides generous, flexible vacation use
  • Removes the worries typically associated with vacation home ownership
  • Reduces the financial burden of vacation home ownership through common ownership

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Are there similar clubs at other resorts?

Yes. Affluent buyers at premier resorts in Aspen, St. Lucia, Telluride, and Manhattan, among many other prestigious beach, golf, mountain and urban destinations, have enthusiastically embraced this ownership concept. Each of these residence clubs is owned and operated much like Villas at the Hacienda. The creators of the “Residence Club” concept are part of The Villas at the Hacienda team. Exchanges with other prestige properties as well as other luxury goods - private jets, sailing and motor yachts and exotic travel - are available through an international exchange program for all Villa Club members.

What category of development is “Villas at the Hacienda”?

"Villas at the Hacienda" is not a timeshare development. The “concept” of timeshare and Private Resort Clubs may be the same in that they are both owned by more than one person, but that may be their only similarity. Timeshare is comparable to prepaying hotel space in advance whereas ownership of "Villas at the Hacienda" is actually purchasing real-estate. "Villas at the Hacienda" is a fully furnished luxury home owned by more than one person and each owner receives a deed to their ownership that can be secured with title insurance. "Villas at the Hacienda" also come with a service package normally associated with five star hotel resorts which has come to be expected by a discriminating clientele. This type of service is never offered by timeshare companies.

“ Private residence clubs are new in the market and there have not been many re-sales due to a very high customer satisfaction. According to industry statistics, those re-sales that have been recorded, report an average higher resale price than the original price paid by the purchaser, which also distinguishes this product from timeshares. The result is that demand is outpacing supply, resulting in appreciation and good resale value, neither of which timeshares can offer. ”

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How is ownership of The Villas at the Hacienda evidenced?

Ownership is evidenced by a real estate deed which is recorded and can be guaranteed by a title insurance policy. Each Villas Club Member owns a deeded interest in one of the Club’s exquisitely furnished residences.

May my Villas Club Membership be resold?

Yes. Like any other form of real estate, a Villas Club Member’s deeded interest can be sold, transferred or bequeathed to their heirs by the Villas Club Member.

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If I do not want to stay in my Villa may I rent it out?

Yes, simply by notifying the Villa Club. The two, three, and four-bedroom Villas have all been designed with a “lock-off” master suite, which allows the owner the ultimate in flexibility. The owner can use or rent an entire villa or just a portion of it. When you do not plan to occupy your unit (or a portion thereof) for your designated time period you can:

  • Rent all or part of your unit yourself
  • Rent all or part of your unit through the hotel company’s booking agent

“Bank” all or part of your unit with the external exchange partner for use of other luxury villas located throughout the world or other luxury exchange items like exotic travel, sailing or motor yachts or private jets

  • “Bank” all or part of your unit for internal exchange

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As a Villas Club Member, may I visit residence clubs in other resorts?

Yes. Villas Club Members have the opportunity to exchange residence privileges with members of other residence clubs located in other prestigious resorts or for other exotic exchanges such as travel packages, motor or sailing yachts, and private jets all in accordance with the exchange program established by the Villas Club.

Which family members have Villas Club Membership privileges?

Spouses, children and grandchildren under age 22 have full Villas Club Membership privileges.

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May more than one family or individual share a single Villas Club Membership?

Yes. Individuals may form partnerships or other entities to own a Villas Club Membership. However, the joint owners must designate the individual who may allocate reservations for that Villas Club Membership. Only one family at a time, while in residence, will be entitled to Hacienda Los Pirules’ Spa Club membership privileges.

Will the “Villas at the Hacienda” be open to the public?

No. The Villas and their grounds at Hacienda Los Pirules are privately owned and operated for the enjoyment of Villas Club Members, their families and guests and are not open to the public. However, Hacienda Los Pirules Resort and the Spa Club will be open to the general public who will abide by the Hacienda Los Pirules Resort rules of decorum.

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As a “Villas at the Hacienda” owner, how often may I stay at The Villas?

Each Villa owner will be entitled to a four week visit per share each year in his designated time period - either the summer or winter - depending on which season he purchases. Six months prior to the use period, owners will select the time periods they desire, and use will be allocated on a space available basis determined by a rotating priority system.

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Will Villas Club Members always stay in the same residence?

No. Villas Club Members have equal access to all residences to provide the greatest access and flexibility. However, Villas Club Members may request a specific residence, and this request will be honored whenever possible.

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What do Villas Club Members pay when staying at their Villa?

Housekeeping is provided twice a week. These services include trash removal, towel replenishment, and bed making. Villas Club Members and guests may request full maid service at an extra charge.

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Do Villas Club Members pay annual fees?

Yes. Villas Club Members pay annual fees for all expenses associated with normal home ownership: property taxes, insurance, utilities, gardening, pool maintenance, cleaning and laundry service, trash removal, legal/accounting, transportation, etc. A professional manager, hired and paid by the “Villas Club” Homeowners’ Association, handles the administration of these services. The advantage is that 12 joint owners share these fees.

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Who establishes the fees and controls the affairs of The Villas Club at Hacienda Los Pirules?

The homeowners themselves appoint a Board of Directors to the “Villas Club” which will establish budgets and fees and appoint administrators. The fees will be exactly what the owners determine it costs to operate and run the property.

What is the quality of The Villas’ construction, furniture and accessories?

The Villas’ construction will be of the highest quality. Further, a highly respected professional interior design firm will ensure that each Villa is completely and elegantly furnished with high quality entertainment equipment, appliances, fixtures, cookware, silverware and fine china.

 

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Why should I buy a shared ownership instead of a wholly-owned second home?


Most people who buy shared ownership recognize that they won't be spending more than a couple of months a year at their vacation home.  With shared ownership you get the quality and level of luxury you want while only paying for the amount of time you actually plan to use the home. Shared ownership affords the vacationer all the benefits of owning without the problems of maintenance, administration and renting faced by those who own a property that they only use for a portion of the year.

Shared ownership caters to the sophisticated, wealthy buyer who can afford the very best but doesn’t want to waste his time or money dealing with a permanent second home. The “Villas Club” administrator and management company will take care of all your maintenance, upkeep and housekeeping, allowing you to spend 100% of your vacation time doing what you want to be doing - enjoying yourself.

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RESERVATION SUMMARY

During the year each Villas Club Member will enjoy a four week visit per share during the Summer Season or Winter Season, depending on which season they have purchased. Each year owners will choose, in advance, the time that they want to visit San Miguel. They will receive their choice of time periods on a space available basis determined by their priority number which rotates each year.

This space available rotating priority reservation system ensures the most flexible use for all owners and, over the years, all Villas Club Members have equal access to the property.

 
Last updated: September 25, 2004