Grand Regina Los Cabos, Cabo San Lucas, Los Cabos, Baja California Sur, Mexico.

Residence Club at Grand Regina Los Cabos

Frequently Asked Questions

What is the Residence Club at Grand Regina?

The Residence Club at Grand Regina is a new, 32-unit, fractional ownership condominium resort being built on a privileged site in Los Cabos, Mexico’s fastest growing vacation resort location. Adjacent is The Westin Regina, a stunning architectural award-winning resort, and the renowned vacation ownership property, Club Regina. The Residence Club at Grand Regina offers you the opportunity to own private two or three bedroom villas with all the amenities and services of a fine resort. Furthermore, fractional ownership gives you complete flexibility allowing you to buy only what best suits your needs, from a 1/26th interest (two weeks) to full ownership.

What is the definition of Fractional Ownership?

The Residence Club at Grand Regina is offering undivided interest in its villas, in fractions of 1/26 or more. A fractional ownership interest in the Residence Club is very similar to a group of friends getting together to purchase a condominium and having an attorney draft a use agreement. They own the resort collectively, including common areas, and share in all expenses, amenities, and use.

Fractional Ownership - Article from Los Cabos Magazine - Issue #9

Can foreigners own real estate in Mexico?

Yes. When non-Mexican citizens purchase property in Mexico, they become the deeded beneficiary of a trust (fideicomiso), issued by a Mexican bank, that is duly recorded in the Public Registry. This document has greater weight in Mexico than an ordinary title because it is not subject to embargo or confiscation. The property can be inherited or sold for full market value at any time.

What is the length of this trust?

The initial trust is granted for a period of 50 years and is renewable in perpetuity. As a fractional owner of a villa in the Residence Club at Grand Regina, you become a deeded beneficiary of the trust, and your ownership interest is fully transferable.

May I rent my villa?

Yes, you may rent your villa through one of our rental programs. Various options are available that allow you to choose the program that best suits your needs. For example, each villa has a lock-off system that allows you to use or rent all or a portion of your villa.

Can Residence Club owners resell their villas?

Yes, like any other form of real estate, you can sell or transfer your deeded interest at any time. In additional to our rental program, Grand Regina will have an on-site sales department to handle all re-sales.

What exactly is the relationship between the Residence Club at Grand Regina and Raintree Vacation Club (RVC), and how does it benefit the owners of a fractional interest in the Residence Club?

It’s simple. A built-in advantage to Grand Regina’s fractional ownership packages is immediate membership in Raintree Vacation Club. Through RVC, owners have the option of exchanging their fractional ownership time to any one of RVC’s premium resorts in the U.S., Canada and Mexico, as well as RVC cruise privileges. In addition, you enjoy exchange privileges with RCI’s over 3,700 affiliated vacation resorts world wide. All reservation requests will be made by calling the Residence Club’s toll-free number, available exclusively to Grand Regina owners, to assure them of the personal attention they deserve.

When will I be able to start using my ownership at the Residence Club at Grand Regina? Will I be able to use my membership prior to the completion of the construction?

Completion of the construction of Phase I, which includes the 20 two-bedroom villas, motor lobby, swimming pool, restaurant and amenities, is scheduled for Summer of 2005. The completion of Phase II, the three-bedroom condominiums will follow there after. All owners will be notified one year prior to the completion of Phase I, giving them time to make their reservation ten months in advance. Prior to the completion of the Residence Club at Grand Regina, you will be able to book your vacation weeks at any and all RVC locations, paying the corresponding RVC maintenance fee, which is based on season, size and length of stay.

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