Goodbye to Bargains: Rendezvous Bay to Become a Villa Site
Rendezvous Bay Hotel & Villas is going all upscale ownership on us, jumping on the increasingly crowded market for fractional second homes and retirement villas in sunny places.
According to a press release, the resort is planning "an unparalleled luxury resort with full ownership residences ranging from $3 to $20 million and fractional apartments from just $250,000." Yes, that means you pay a minimum of $250,000 but still have to work out when you are and are not allowed to stay there. And don't forget the maintenance fees!
But of course ownership here is "a once-in-a-lifetime opportunity" and this is a "beyond-five-star project." It is slated for completion in early 2009 and will have a signature restaurant, a world-class spa, yada yada yada.
Book a room before this fall to get in before the hotel shuts down and it becomes a construction zone.