MONTEGO BAY, JAMAICA, (April 12, 2011) — The Palmyra Resort & Spa is announcing the launch of its Private Residence Club named “Residences at The Palmyra”, offering investors access to the luxury and sophistication at the island’s premier beachfront community at a fraction of the cost. The upscale fractional product is targeted at people who are looking for a cost effective way to own a second home at the Caribbean’s most sought after address. “We are introducing this upscale fractional product due to an increasing demand for a more affordable and flexible product offer. “Residences at The Palmyra” offers a savvy way to own a second home at the island’s most exclusive community for a certain amount of time per year,” says Maurice Aronow, Vice President of Sales & Marketing at The Palmyra Resort & Spa.
One of the fastest growing real estate ownership products in the luxury vacation home market, the Private Residence Club concept offers people the opportunity to enjoy the very pinnacle of luxury at a fraction of the outlay, by limiting the ownership to a smaller amount of time. States Aronow; “The Residence Club concept is a way of ownership which delivers carefree luxury home ownership, enabling the owner to just relax and enjoy.”
The combination of the island’s most exclusive community and the uniqueness of Jamaica as a destination is proving to be a winning combination. Nestled amid its own private beach and three PGA ranked golf courses, the unique ocean front resort offers residents unparalleled service and an amenity-rich lifestyle featuring exquisite residences designed to exceed the most discerning of expectations. With tropical, sophisticated interiors in a harmonious fusion of Traditional British Colonial Style, each exquisitely appointed residence presents spectacular views of the Caribbean Sea and The Palmyra’s private palm tree lined white sand beach. A member of The Leading Hotels of the World, The Palmyra was named one of the Top 10 Most Exciting Home Developments in the World by the prestigious Travel + Leisure Magazine. Reigniting the island’s real estate industry with its upscale residential offer, The Palmyra continues to pave the way with its Private Residence Club. www.discoverthepalmyra.com
Owners are deeded a 1/13th portion of a specific residence with all the rights and privileges of a regular real estate purchase, meaning that they can use it, lend it, bequeath it, rent it or sell it. “Our Private Residence Club offers owners the security of fully deeded real estate, flexible reservation privileges and maintenance free living with all the services and amenities of The Palmyra Resort & Spa,” finishes Aronow. As an added benefit, The Palmyra Resort & Spa has recently joined the upscale The Registry Collection, giving Private Residence Club owners the ability to exchange to more than 175 destination properties in nearly 30 countries on 6 continents. For more information about “Residences at The Palmyra” email [email protected] or call +1 876 953 9787
About The Palmyra Resort & Spa, Montego Bay, Jamaica
Located on 16 acres of pristine waterfront land in the elite enclave of Rose Hall, Montego Bay, The Palmyra Resort & Spa is the first luxury resort and residential community in Jamaica. A member of The Leading Hotels of the World, The Palmyra provides a lush private sanctuary for a luxury vacation, a private club ownership or a second home.
SOURCE: The Palmyra Resort & Spa