A Private Residence Club is a high-end form of fractional ownership that offers members deeded ownership of a share in a luxury vacation property, combined with the services and amenities of a boutique hotel. PRCs allow affluent individuals to enjoy luxury vacations in prime locations without the full financial burden and maintenance responsibilities of whole home ownership.
Fractional ownership divides a residence into a set number of shares, typically 1/6th to 1/12th.
Each share represents deeded, real property ownership—giving members both equity and usage rights. Owners enjoy guaranteed time in their residence each year, along with flexible options to exchange or reserve additional stays. Unlike timeshares, fractional ownership is limited, exclusive, and tied to real estate value, making it a smarter, more rewarding way to own a second home.
Private Residence Clubs represent the next generation of vacation home ownership. By blending the prestige of deeded property with the ease of resort-style service, PRCs eliminate the barriers of whole ownership—maintenance, staffing, and year-round costs—while maximizing time, experience, and lifestyle value.
- Louise Guido, SVP, Real Estate Sales and Marketing
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