FAQS
What is Finest Destinations?
Why Finest Destinations?
Who’s the average shareholder of Finest Destinations Properties?
How much does membership in Finest Destinations cost?
As a member of Finest Destinations, how often can I vacation?
Will I have access to Holiday Weeks, like Christmas, New Year, Easter and Presidents Week?
How long can each Finest Destinations vacation be?
Can Shareholders offer privileges to guests?
Which family members have membership privileges?
Can memberships be held only by individuals?
How do I make reservations?
How is my Ownership evidenced?
Do members pay nightly fees when they vacation the Villa Las Cerezas 4?
What happen if I ever decide to sell my Share?
How do I acquire an invitation for a Finest Destinations Presentation?
What is Finest Destinations?
Finest Destinations is a “by invitation only” Asset Membership Club. It is an intelligent way of investing in a luxury vacation property. Potential members are invited to purchase a corporate share of the company that owns the properties. Owners will spend the amount of time purchased, relaxing and enjoying the facilities and amenities provided, SHARING with similar owners both purchase investment and maintenance costs.
The company owns properties that combine the benefits of owning a private home with the elegant services and amenities of staying at a luxury resort. Finest Destinations is responsible for coordinating owners’ reservations, services, site activities and amenities, as well as property management, repairs and maintenance.
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Why Finest Destinations?
Finest Destinations was founded with the idea of having the benefits of luxury vacation homes, but without the costs or headaches. With Finest Destinations, vacation homes become what they were always meant to be. A special places to relax and rejuvenate with family and friends.
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Who’s the average shareholder of Finest Destinations Properties?
The Finest Destinations Experience is designed for the sophisticated traveler. Someone who frequents the world's greatest destinations, appreciates meticulous service, recognizes value and is uncompromising to his or her standards.
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How much does membership in Finest Destinations cost?
The investments start at $120,000. Investors pay annual maintenance, dues are approximately $3,400. The annual dues pay for the professional management and operation of the club and maintenance of the property. Included in the annual fee are funds for staff salaries, supplies, maintenance, trash removal, legal/accounting, fuel, utilities, property taxes, insurance and replacement and/or refurbishing of the property …etc.
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As a member of Finest Destinations, how often can I vacation?
As often as you wish, subject to the Finest Destinations reservation policies and by virtue of your Purchase Contract. Shareholders have the flexibility of reserving the property well in advance, starting 12 months before the date of arrival, and also giving a short notice, of at least 24 hours, subject to availability. Members may hold, up to two travel reservations at any one time, and as soon as one trip is completed, may make another reservation.
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Will I have access to Holiday Weeks, like Christmas, New Year, Easter and Presidents Week?
You’ll be able to use Holiday Weeks, if you acquire a Holiday Membership. However, you may still visit during holidays as long as the property is available, and subject to the Finest Destinations Reservations Policies & Procedures.
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How long can each Finest Destinations vacation be?
Vacations in the property can be up to fourteen consecutive days. However, vacations may be extended by using Additional Time Privileges, depending on availability.
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Can Shareholders offer privileges to guests?
Yes. Members may invite guests to stay with them during their club vacations and they also may invite unaccompanied guests to use confirmed vacations each year.
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Which family members have membership privileges?
Spouses and dependent children have full membership privileges.
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Can memberships be held only by individuals?
No. Memberships may be held by individuals, partnerships, companies or corporations.
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How do I make reservations?
You simply call, fax or email Finest Destinations Sales & Reservations Office or you may choose to contact your personal concierge directly.
Santo Domingo Sales & Reservation Office
Torre Acropolis
Winston Churchill, Esq. Andrés Julio Aybar
3er Nivel, Local P2-U
Ofic. (809) 955-1234
Fax: (809) 955-1238
www.finestdestinations.com
info@finestdestinations.com
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How is my Ownership evidenced?
Your ownership is evidenced by the Purchase Contract, which is signed by the shareholder and Finest Destinations, LTD. In addition a Certificate of Share, that indicates how many of the total shares of the company you own.
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Do members pay nightly fees when they vacation the Villa Las Cerezas 4?
No. Shareholders pay no additional fees to stay in their property, except for the use of additional time.
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What happen if I ever decide to sell my Share?
Shareholders have the right to sell their shares at any time. You must give the Club a 30 day option. The Club will have the right to buy your share, but is not required to buy. If the Club decides not to buy your share, you can then go into the open market and sell the share. However, the sales price may not be lower than the price offered to the Club.
The new shareholder must agree to comply with all Finest Destinations Rules and Regulations.
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How do I acquire an invitation for a Finest Destinations Presentation?
Simply contact one of our Finest Executives or our Sales & Reservations Office in Santo Domingo.
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