Lighthouse Key Resort and Spa Information
Lighthouse Key is a premium hotel-condominium community with a full range of amenities situated adjacent to a 69 acre ski lake.
More Lighthouse Key Resort and Spa Info »
 |
Lighthouse Key Resort and Spa
|
| Details: This Florida preconstruction condo opportunity is available through PreconstructionPrograms.com. This is another preconstruction opportunity in which we have negotiated the best possible preconstruction price for our clients. Each development / condo project is different so please contact us for the latest incentives for buyers and investors. | |
Preconstruction Documents and Articles
Lightouse Key Resort and Spa Location:
Lighthouse Key is a premium hotel-condominium community with a full range of amenities situated adjacent to a 69 acre ski lake.
Amenities:
Features of this community will include amenities such as a large and luxurious clubhouse, movie theater, full service spa, huge heated pool and a kiddy's pool, tennis, volley ball, poolside cabana and bar, café, business center and on site management providing full concierge services to the guests and rental income to the owners.
Location...Location...Location...
The Lighthouse key resort is located 4.5 miles to the west of Disney's Highway 192 entrance in Kissimmee, Florida. The bonus that the development has with being within easy driving distance from the 192 and that it is just minutes away from International Drive, the main theme parks and the prestigious golfing community of Champions Gate.
The Clubhouse:
The clubhouse is over 26,000 square foot of luxury and opulence... The downstairs lobby is where registration and check-in takes place by the on site management company, which runs the resort similar to any top hotel in the world, right down to the mints on the pillows! A business center with high speed data is on hand for guests to keep in touch with the office, but apart from that the resort is all about having vacation fun and relaxing by the pool.
Operating on the lower level is a café style restaurant, full bar and a convenience retail store. Upstairs is where you will find the full service spa and fitness center. Whether you want to 'pump iron' for a couple of hours, have a massage or simply enjoy a manicure our highly trained staff are there to help.
The Resort
Being adjacent to a beautiful 69 acre freshwater lake ensures that a complete line of water sport activities are always on hand. Waterskiing, wind sailing, kayaking and boating take place right from the beach cabana. The huge heated pool is just behind the clubhouse and includes a Jacuzzi spa and kiddies pool. Tennis and volleyball are on hand and private or group tennis lessons are available seven days a week.
Ownership at the Lightouse Key Resort & Spa
Own your unit 100% or 'share' ownership with other families and enjoy all the benefits of Lighthouse Key at a fraction of the cost.
Whole-Ownership
Its your vacation home to enjoy when you wish. If you want rental income to off-set costs, then you may want to consider allowing the on-site management company to place bookings for your unit. Even if you elect not to rent out your home, the management staff will ensure that your unit is in tip-top shape any time of the year.
Fractional Ownership
This is a great way to own a holiday home at a very affordable price. You may purchase blocks of time in four, eight and twelve week periods.
FREQUENTLY ASKED QUESTIONS
Q: What is fractional real estate ownership?
A: Each owner is deeded an interest (fraction) of a specific condominium residence. To maintain the luxury and quality of their vacation home interest, the owner pays monthly or annual dues. All related concerns of vacation home ownership or second home ownership including maintenance and furnishings replacement are left to the property management company.
Q: Why should I purchase fractional real estate ownership?
A: Most people recognize that spending more than a few weeks a year at their vacation home is impractical. With fractional real estate ownership, you get the quality and level of luxury you want and only pay for the time you actually plan to visit the residence. You never have to be concerned with finding renters for the months you're not there or worry about maintenance.
Q: How is fractional real estate ownership different than timeshare?
A: Fractional real estate ownership properties are typically in world-renown resort locations where prime real estate is coveted and in extremely short supply. The residences are characteristically larger and far more luxurious than timeshare accommodations and offer a significantly higher level of exclusivity and sophistication. Deeded fractional real estate ownership is evaluated as an alternative real estate purchase by the savvy buyer who enjoys a specific location and would take advantage of the flexibility of using the residence and resort as their needs dictate. Letting family or business associates enjoy the additional time or take advantage of the option to lease their unit are attractive alternatives to the owner's personal use. Whether deeded or 'right to use,' timeshare is typically positioned as a "prepaid" vacation plan.
Q: Can a fractional real estate owner rent their unused time?
A: Yes. The opportunity exists for their residence to be rented. Additionally, their unused allocated ownership time can be gifted to friends, family, or business associates. Many owners will opt to exchange their unused ownership time for travel to other luxury properties through Interval International.
Q: Will fractional real estate ownership be deeded ownership?
A: Yes. Fractional real estate ownership is identical to whole ownership with regard to the options that exist when purchasing real estate; the ability to re-sell, rent, will, or gift to family members. The only subtle difference is that fractional owners will allow the management company the task of professionally managing and refurnishing their residence.
Q: How will ownership of a condominium in the fractional real estate interest plan be conveyed?
A: Title is conveyed to the fractional real estate owner and is evidenced by a deed, which is recorded and guaranteed by a title insurance policy. Each owner receives a fee simple interest of their fractional ownership at Lighthouse Key Resort & Spa.
Q: How do fractional owners reserve the use of their residence?
A: To avoid uncertainty of a first-come, first-serve reservation process, owners will be provided with a calendar detailing their reserved allocation for several years in advance. Any of the allocated time they choose not to occupy can be rented, gifted, or exchanged for travel to other luxury properties affiliated with Interval International.
Q: Will fractional owners always stay in the same residence?
A: Yes, as long as owners use their reserved time allocated, they will be entitled to reside in their deeded residence.
Q: Can more than one family or individual own a fractional interest?
A: Yes. However, it will be up to the joint owners to determine on their own who will occupy the residence during their reserved time of the year. Many of the residences are large enough to accommodate multiple families or traveling parties during a visit.
Q: Will financing be available for the purchase of fractional real estate ownership interests?
A: Financing is not currently available for fractional real estate ownership interests.
Must I place my condominium (or fractional interest) in a rental pool?
A: No. A rental pool does not exist, nor are owners obligated to rent their time.
Q: How often is housekeeping provided?
A: All units will receive a full cleaning prior to check-in and a midweek 'trash and towel' service.
Q: What is the anticipated timeline for construction?
A: The clubhouse, building 1, and building 2 are scheduled for completion October 2006 with usage beginning in 2007. Total completion of Lighthouse Key Resort & Spa is scheduled for 2010.
Q: What do whole ownership fees cover?
A: Cable, water, local phone service, maintenance, and furniture reserves.
You must have javascript enabled.
To Learn More About Our Programs, Please Click Here to Contact Us
