Redefining the second family term

Best choice: better nesting-improved housing quality with other features and advantages. Provide a wealth of convenience facilities, provide luxurious, comfortable or comfortable environment, beyond the traditional housing.

Future main residence: Today’s second home may or may not generate some rental income, but its main purchase purpose is to use it as a retirement residence in the future. FPR is different from the traditional second house in that it was interviewed and guided on the day it became a full-time house.

Bungalow: The home you dreamed of when you were in the office. If your home is where, then your heart is next to the cottage by the lake, overlooking the valley, next to the town, deep in the woods, perched on a cliff, and you can enjoy the most incredible sunset from the hammock And sunrise.

Terrible: If your dream home is in the bustling city center and the cultural atmosphere is on your doorstep, the future will be muddy. Normally, this is a small basic housing style-Besting said, the facilities and services of these hotels are becoming more and more luxurious.

Traditional condominiums: low-maintenance cottages with gardeners who can mow weeds when you return to the office. Legally speaking, an apartment refers to the ownership rights in the air circulation from painted walls to painted walls, and the right to use common areas owned by you and other apartment association owners. This is a form of “shared ownership.”

Apartment-style holiday apartments: apartments in luxury resort hotels where you can find gardeners and pool boys, valet parking and hotel facilities. Condominium-style holiday apartments are usually not rented out as part of a hotel rental program and are usually separated from traditional hotel or resort guests.

Apartment Hotel: A holiday apartment in an apartment hotel, rented every night by the hotel management team when you return to the office. It looks like an apartment with multiple rooms, usually larger than 600 square feet, and provides all the hotel facilities and services.

Apartment Hotel: Legally speaking, this is an apartment in a commercial hotel, which looks and feels like a hotel room or suite. Usually less than 600 square feet and there is no kitchen. Usually used as a small Terre, a short vacation or a second suite, or as a base camp for luxurious living. When you return to the office or in other hotel apartment resorts, there is a hotel rental procedure.

Contract timeshare: real estate or contract real estate ownership and right to use real estate shared within a specific time period. Usually in holiday markets or resorts. Most often refers to 1/52 shares or 1 week of ownership. When sold at a price of 1/52 shares, the real estate value is usually diluted by as much as 50%-for example, a fully furnished $250,000 fully owned apartment, which will be converted and sold as a timeshare, will cost $9,600 per week Is sold at the price (9,600 USD x 52 = 500,000 USD). As much as 50% of the retail cost of timeshare covers sales, marketing and management expenses, because timeshare is not only real estate ownership, but also a lifestyle product. A total of US$10 billion of timeshares were sold in 2006, compared with US$8.6 billion in 2005. This is a booming market.

Non-contracted “points” timeshare: the same as contracted timeshare, except that the consumer obtains the “right to use” in a specific, usually long-term period of time (that is, one week of use in the next 10 years).

Vacation club: Similar to the timeshare function, the club management purchases timeshare rights from multiple resorts and then provides this time to club members. Club members have no property deeds, but they do enjoy substantial discounts on vacation housing costs. The club is becoming more and more popular.

Partial ownership: Share a larger share of ownership, so you can get more real estate at a value close to the overall ownership pricing. Contractual real estate ownership usually accounts for 1/4 to 1/13 of fractional shares. Some owners obtain the ownership rights of the deed in a particular apartment unit or property, and when they come to use it, this is only the unit they use. “If you only want one piece, why buy the whole pie?”

40,000 households own some real estate, which is only 1% of the highest-income households, and some incomes are expected to achieve substantial growth.

Non-traditional decimals (NTF): The fractional share is less than 1/13 to 1/26 share. The use time is much longer than 3.5 minutes or 2 weeks, larger than a timeshare, and smaller than the traditional score. NTF usually appears in private residential club structures.

Private Residence Club: Partial ownership of a private resort club, with a contract for a specific apartment, but the right to use any available apartment in the resort or multiple resorts within the club association.