The Hacienda Club FAQs
The Hacienda Club & Fractional Ownership FAQs
If I purchase a home at The Hacienda Club, do I own real estate?
Yes. Ownership is evidenced by a privately titled and recorded deed in the Costa Rican National Registry and guaranteed by a title insurance policy. Each owner is conveyed a 1/8 undivided, interest in one of the Club residences, and you have flexible access to all residences in your residence category. Like other real estate, your ownership may be sold, willed, transferred any time.
What are the advantages of Residence Club ownership?
The fractional residence club at The Hacienda Club is designed to provide generous and flexible vacation use and remove the maintenance worries and significant financial burdens typically associated with international vacation-home ownership. Residence Club ownership has been created for those who desire luxurious vacation or second home, complete with resort-like services that deliver a relaxing, carefree experience during each visit to your home.
Is The Hacienda Club a typical timeshare development?
No. The private Hacienda Club is owned and enjoyed just like you would any other second or vacation home. And most importantly, it’s deeded real estate. Timesharing typically provides only the right to use one specific week (with 51 owners per unit) and lodging is limited to one specific unit every stay. There is a strict maximum of only 8 owners per villa at The Hacienda Club and all have access to Club residences with unlimited usage, subject only to the fair and equitable reservation policies.
As an owner, how often can I vacation at the Club?
An owner can use the Club as often as they wish, subject only to Club’s easy to use reservation policies. As an owner, you have the flexibility of reserving vacations well in advance, as well as booking short-notice vacations whenever available. There is no limit to the amount of time you can enjoy your Club. If some owners visit the Club less often, other owners can visit more often. It’s your home, we are just here to manage and take care of it until your next visit.
What other amenities or services do I receive as an Owner at The Hacienda Club?
Ownership provides a unique opportunity to enjoy Costa Rica living at a fraction of the cost of whole ownership and to be part of a club with like-minded Owners. Club Owners enjoy full Club privileges including membership to the private Hacienda Pinilla Beach Club on Playa Avellanas with it’s beautiful infinity edge pool and casual and fine dining. While in residence Owners also enjoy full membership privileges to the beautiful Hacienda Pinilla Golf Club featuring a challenging Mike Young championship golf course. And ownership eliminates the hassles associated with owning a vacation home and provides all of the services and amenities of a fine boutique hotel.
Do you offer a rental program?
No. The Hacienda Club is reserved only for Owners, their family and guests. This tried and true policy allows Owners more flexible use of their home and keeps the home a pristine condition you wont find in a rental home program.
Do owners pay annual fees?
Yes. Club owners pay annual fees for the professional management, and maintenance of all Club residences and facilities. These fees are significantly lower and are more comprehensive than those of a wholly owned vacation home. Included in these annual fees are funds for property taxes, homeowner association dues, insurance, utilities, supplies, maintenance, housekeeping, concierge service, legal/accounting and reserves for the replacement of Club home furnishings, always keeping the home and the furnishings and electronics new and updated. Owners receive a detailed audited report each year. It’s basically what it takes to run, manage and maintain the home, divided by the Club owners.
Will I always stay in the same residence?
To provide more availability and flexibility, Members have equal access to all residences, including the elegant three-bedroom Villas and the spacious four-bedroom Villas. Each residence is similarly furnished with spacious floor plans, luxury appointments, covered patios and impeccable detailing.
Have Private Residence Clubs been developed at other prestigious vacation destinations?
Yes. As a matter of fact, the Residence Club design team for The Hacienda Club founded the first Residence Clubs in Park City, UT in 1991 and have been involved in the launch and design of over 50 Clubs worldwide. Residence Clubs are found at many other premier ski, beach and golf resorts or communities throughout North America and Latin America, including Aspen, Steamboat and Vail, Colorado; Napa Valley, Lake Tahoe and La Quinta, California; Asheville and the Carolinas; New York City; The Caribbean, Mexico and Italy.
Does Ownership at The Hacienda Club come with any other exchange or reciprocity programs with other Residence Clubs?
Yes, The Hacienda Club is part of the Elite Alliance luxury exchange program that allows you to vacation at over 30 other Private Residence Clubs in 5 countries. Also, you get to vacation as an Owner just like the Owners at that particular Residence Club, meaning the same luxurious accommodations and services you receive at The Hacienda Club. You’ll enjoy your weeks at the other destinations for only a $295 exchange fee…in homes that would rent from $7,000-15,000 per week!