NAO Fractional Ownership

With an increasingly significant presence in Vallarta · Nayarit, NAO Fractional Ownership is a Guadalajara-based company that arrived in our destination in late 2023 to offer a fresh and pragmatic option for luxury vacation properties.

NAO Fractional Ownership, launched in late 2019, was founded by Gonzalo Ávila, an entrepreneur with more than 15 years of experience in the real estate industry in Jalisco: “It all started with a simple idea: why not share a property with friends and family, or even with people who don’t necessarily know each other, instead of fully assuming the maintenance expenses and responsibilities involved? This was the foundation that led me to create and offer this business model that is changing the way people access luxury real estate in beach destinations,” he explains.

NAO Fractional Ownership is a company that offers a fresh and pragmatic option for luxury vacation properties.

FRACTIONAL MODEL

The concept is simple yet powerful: the property is divided into 10 fractions, each representing 10 percent of the total cost. Owners purchase these fractions and are entitled to enjoy the property for five weeks a year (one in the high season and the remaining four in an ordinary period). The fractional model not only significantly reduces the initial purchase cost, but also shares the maintenance fees among the co-owners, making a luxury vacation property much more accessible and sustainable over the long term.

GUARANTEES AND SECURITY

NAO Fractional Ownership prides itself on providing its clients with a transparent and secure process: “There are two ways to legally operate a property, either through a trust or a public deed. Each transaction is backed by a financial institution and a legal contract is provided to ensure the security of the investment. Owners have the freedom to sell, rent or even inherit their fractions, which offers unparalleled flexibility compared to other marketing and shared ownership models,” explains Marisol Quezada, leader of the NAO Fractional Ownership sales team. 

DIFFERENCES BETWEEN FRACTIONAL MODEL AND TIMESHARE

The fractional and timeshare models represent two different approaches to real estate ownership and use. In the fractional model, owners have legal title to the property, share maintenance fees and can resell their fractions at market price, allowing them to grow their investment. Generally, this model involves a limited number of owners, providing a sense of exclusivity and control over the property. Timeshare, on the other hand, grants the right to use a resort for a specified period, with maintenance fees managed by an outside entity. Unlike the fractional model, time-sharing involves the termination of the rights at the end of the contract. In addition, time-sharing typically involves many people with usage rights, which may result in a less exclusive experience.

PROPERTY SELECTION

“One of the main features a property must have to be considered within our model is to be beachfront, which includes stunning ocean views. In addition, there must be communal amenities such as pool, gym and lounge areas, as well as a restaurant and bar service. The idea is for owners to have all the comforts of a 5-star hotel within the same development,” commented Quezada.

“An important factor in our fractional model is property management. Our commitment to all our clients is to provide this service indefinitely to ensure that the property remains in perfect condition over time.” —Gonzalo Ávila, CEO of NAO Fractional Ownership.

FRACTIONAL UNITS IN VALLARTA · NAYARIT

Currently, NAO Fractional Ownership has fractional properties in Amancay Nuevo Vallarta and Bolongo Punta de Mita. “However, we are in the final stages of negotiating with other developments in the destination to include them in our model,” Quezada concluded.

To explore all the exciting possibilities of the fractional model, contact Marisol Quezada at 33 2179-1620, Jorge Silba at 33 1040-6012, and/or Alfredo Navarrete at 33 3322-4917, the experts in NAO Fractional Ownership, who will guide you through their growing portfolio of exclusive developments in Puerto Vallarta and Riviera Nayarit, with fractions starting at 123,000 USD. Visit naofractional.com for more information.