The Abaco Club On Winding Bay Opens New Fractional Ownership Residences
November 19, 2008 by Fractional Ownership | Free Independent Fractional Property Magazine ·
ABACO, Bahamas, Nov 18, 2008 /PRNewswire via COMTEX/ — The Abaco Club on Winding Bay, A Ritz-Carlton Managed Club announces the opening of its initial phase of Ritz-Carlton Club fractional ownership residences. This secluded residential development and sporting retreat known for golf, beach and boating pursuits, now offers five newly-renovated cabanas to fractional ownership Members.
“The opening of The Ritz-Carlton Club, Abaco is a great achievement for us,” said Scott Bragg, managing director of The Abaco Club. “As we work to fulfill the vision of The Abaco Club, this is a significant milestone for the property.”
Situated on the opening holes of the 7,183 yard / par 72, Scottish-style links golf course designed by Donald Steel and Tom Mackenzie, the cabanas are adorned in the vibrant colors of blue, turquoise, orange, coral and soft neutrals - a color palette inspired by Abaco’s surrounding seas, sunsets and white, sandy beaches. Bamboo flooring throughout the cabana leads Members through French doors to a screened-in and furnished porch which boasts views of the golf course.
Each cabana provides a master bedroom with a king bed and a walk-in cedar closet. Additionally, a sitting area with sleeper sofa and lounge chairs, 42-inch plasma television, Bose sound system with DVD and CD players, desk and chair, marble-topped wet bar and under-the-counter sub-zero refrigerator/ice maker, and complimentary Wi-Fi access complete the experience. The cabanas provide approximately 570 square feet of living space.
As a points-based membership approach, Members receive points annually for use toward their vacations in Abaco. This approach provides increased flexibility as each Member can select the travel dates and residence floor plan best suited for their stay.
With pricing starting at $110,000, there are three membership options:
– Select Membership - 500 points
– Preferred Membership - 1,000 points
– Premium Membership - 1,500 points
A second phase of fractional residences is scheduled to open in February, ultimately offering 16 homes in the program.
About The Ritz-Carlton Club
The Ritz-Carlton Club is a deeded, fractional ownership real estate offering combining the benefits of vacation home ownership with personalized Ritz-Carlton services and amenities. For information, visit www.ritzcarltonclub.com.
SOURCE The Ritz-Carlton Club
http://www.ritzcarltonclub.com
