Casa Victoria Villas

Authentic Living in Bucerias

Fractional Ownership From $50,000 USD**

Immediate Occupancy

Courtyard and Pool

The large pool and covered palapa areas are a great place to take a day off from the beach and relax poolside. Read a book, barbeque or meet some new friends

Main floor units have 10 foot ceilings and second and second floors have valuted ceilings that really open the space up and let in a lot of light. .

Proximity to the beach

Casa Victoria Villas is located a short one-block walk to the beach on the Southside of Bucerias. Easy to grab a beach chair and umbrella and in a few minutes you are taking in the sunset!

All villas have been renovated with new bathrooms, kitchens, and tile. Main floor units will be getting a light spruce up and modernization during the summer of 2022

Nice private areas for all units

All the villas at Casa Victoria have well-appointed private and exclusive spaces. Future development of 4 studio units on the rooftop will also have well designed privacy areas

Open living space incorporating a functional and well appointed kitchen with a nice size living room that opens to the exterior for an indoor/outdoor feel.

What buyers of Joel & Jillian’s Projects have to say:

“We started by buying two studios at maraVilla and between us and our family, we have now bought 10 villas/apartments from Joel & Jillian of maraVilla Nayarit! We were so sold on the vision and the future of Bucerias, we joined the sales team to sell the project Cuatro Estaciones “ - Hayley and Eric - maraVilla and Las Vueltas purchasers

“Fantastic town, fantastic projects, and fantastic people. Jillian and Joel were super accommodated throughout the whole process. We’re super grateful to be part of the MaraVilla family” Miguel - Purchaser at Las Vueltas

“Our stay in Bucerias was superb! We stayed in an upper unit at MaraVilla and thoroughly enjoyed our stay. The unit was convenient to everything that Bucerias has to offer...restaurants, bars, el Centro and the playas. The pool was a welcome sight at the end of a day exploring Bucerias and offered a cool respite during the heat of the day. Would definitely book again...but instead, we bought a condo at Casa Vicotria Villas!” - Brian and Dirk - Purchasers of the Garden Villa Casa Victoria

“Joel and Jillianare a true pleasure to work with! We bought one unit from them in Maravilla, a year later we bought a second one. They are top-notch getting all the paperwork done and the project completed.” Dave & Gayla Purchasers at maraVilla

“We had rented numerous units from Jillian and Joel over the years in various MaraVilla projects. They have always been professional, down to earth, and straightforward to deal with. Those experiences led us to purchase a 2 bedroom unit last year at Las Vueltas and we are loving it. Love the community of Bucerias too and all it has to offer. Jillian and Joel made the whole purchase process smooth and easy from start to finish!!! Their entrepreneurship continues with new & exciting projects ! Kudos to you ! “ Ann & Bruce - Purchasers of Villa A - Las Vueltas

“We took the opportunity to visit the C.E. project site and it’s very exciting to see the progress first-hand! Going to be an amazing home for us in Mexico!” - Ian, Apartment #21

“After we saw the construction site and met the team we had a much greater confidence level in the project, that we decided to pay our balance owing in full. Can’t wait to move in!” - Heather, Apartment #17

Fractional Ownership

Fractional ownership is a rediscovered form of real-estate sharing that has been recently gaining traction due to the growing popularity of the sharing economy. Ridesharing, apartment/home lending, peer-to-peer lending, reselling, co-working, talent-sharing… are all community-centered activities.

The main difference between fractional ownership and timeshares is that you are buying equity vs time. Co-owners get to enjoy the benefit of the appreciation of real estate without the high price tag. They also have a choice between personal use or rental income. The possession of a portion of the property never expires, and the property value tends to go up, which means owners can sell their shares at a profit years later.

Through a proven corporate structure in Mexico, a small group of investors can split the purchase costs and operating costs while enjoying the opportunity to own and visit beach vacation properties. This legal entity known as a SAPI (Mexican corporation specifically designed for foreign investment) owns the properties and the fractional co-owners each own their respective shares of the entity. All co-owners will share the use of all the collectively-owned units, and a governing board of elected officials will help make decisions for the entire group.

How it Works

A multi-unit fractional property (Fractional Program) is where owners have shares of the collective properties (just like you would own a share in a company). Since it is equity, you share the profits and any future increase in value for your portion of the property. Owners get to experience the appreciation of real estate without the high price tag.

The collective ownership of properties will be valued based on the final mix of units (apartments) that will become part of the Fractional Program.

Income from the rental of the properties is split among the owners in proportion to their ownership percentage.

Each share earns 1 rental credit annually and they can be cashed-in or redeemed to rent out any of the units. Owners decide how to redeem their annual credits anytime between June 1 and August 31 every year by doing any combination of the following:

1. Use credits for your stay at Casa Victoria Villas Owners can redeem their rental credits by making a reservation at one of the collectively owned units.

2. Cash-in your credits: The moment an owner decides to cash-in their rental credits, they receive 50% of the rental rates upfront. In the case of a cash surplus at the end of the year, proceeds are divided among all the owners.

Use Rental Credits Towards a Vacation

The rental credit rates will be determined annually by the management company and are based on seasonality. Once established, rental credit rates are fixed for as long as the investor owns the shares, in order to protect their investment from inflation. Below are the rental credit rates for 2022-23 at Casa Victoria Villas:

Rental Credits in Action:

For example, John invested $50,000 for 10 shares, so he received his annual 10 rental credits. He wants to rent a one-bedroom for a month during the high season, which will cost him 9 rental credits (see table above). If the villa normally rents for $2700 USD per month to the public, John would also pay $270 USD as a usage fee (10%). He then has 1 rental credit left over, which he can cash out to receive $150 USD (half the nominal value of the rental credit). At the end of the year, there was a surplus since the sum of usage fees and rental income exceeded the total expenses. Therefore the extra profits are then divided among the owners proportionately by April 30th based on the full calendar year (January to December).

For example. John owns 10 shares and decides in 2023 he will not want to use the credits. He has two options. 1) He can carry all 10 credits forward for future use or he can cash them in whole or in part. In this example, he decides to cash in 5 credits and carry forward 5 credits. Therefore he will receive 50% of the nominal value of the credits ($750 USD) and will now have 15 credits for use in 2024 (equivalent to a 1-month stay in the largest two-bedroom unit).

If John wants to have a place to stay every year in Winter for 2 months, it would require a $90,000 investment, and his ownership never expires so John and his family can enjoy the property for a lifetime.

Reserving your unit and dates each year:

The first year of operation reservations will be made based on the order in which the fractional contracts are signed. For example, Jenny invests $50,000 and is the first investor. She will have the first choice of reserving a particular unit from May 1, 2022, to May 1, 2024.

Following reservations will operate as described below:

We plan to operate a simple reservation system, in which each fractional owner reserves all of his/her usages for the following year at a particular time or during a specific window of time. An example of a simple usage reservation system for fractional owners would be where, during May of each year, each owner selects their unit and dates for up to two years. In the event, an owner has reserved a particular unit for two years, and before the end of May the year prior to the second year, an owner will have the first right to keep their existing unit for the second year. In the event that they do not confirm an extension, the unit will be opened up to the other owners as well as public renters. Each May, there will be an owners meeting and fractional owners can vote to keep the existing rules that define unit reservations or modify them. Other fractional ownership properties have employed a number of rules, the ones that we’ve seen are: a first come first serve basis, a priority by a number of shares, random raffles, or a rotating basis. The benefits of a variable usage system are:

• Provides flexibility for owners to adapt to tailor each year’s usage without relying on owner exchanges

• Less expensive and simpler to operate than complex usage reservation systems

Benefits of Fractional Ownership

It’s more affordable:

Perhaps a $700K USD beach home is out of reach, but $50K is right in your wheelhouse.

Peace of mind:

Sharing the burden of homeownership and having an entire team dedicated to your investment.

Your choice:

Use your yearly rental credits to go on a vacation or trade them in for cash!

Share the costs:

Split the costs of buying and running a turnkey vacation home with the other co-owners.

Buy or sell:

Co-owners are free to sell their shares at any time.

** Final release of the Fractional Program is subject to demand of a minimum of $750,000 USD in retail value. The developer reserves the right to release or not release the Fractional Program. Register your interest below

REGISTER YOUR INTEREST TODAY!

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