Private Quarters Club Takes Popular Fractional Ownership Lifestyle Model to Middle Class

Affordability of World-Class Golf and Country Club Living Attracts

Mid-Market Consumers to Private Quarters Club Communities

    JUPITER, Fla., May 23 /PRNewswire/ -- Is a second home on your wish
 list? Despite ups and downs in the real estate market, second homes are
 part of the new American Dream. Indeed, a recent Harris Interactive survey
 for the National Association of Realtors shows almost 80 percent of Baby
 Boomers have their own homes, and 25 percent own two or more pieces of real
 estate. Enter Private Quarters Club, which has answered the dream of second
 home ownership for hard-working middle-class consumers-and enhanced it with
 automatic golf and country club membership-through fractional ownership.
     Fractional real estate, or shared ownership, is on the rise for buyers
 looking to purchase second homes. According to recent reports, fractional
 real estate rose to $1.65 billion in 2006 sales within the Caribbean,
 Canada and United States, and it has been relatively untouched by the
 general real estate market's twists and turns. The appeal of this booming
 trend is that it allows buyers to purchase exceptional homes (even nicer
 than their primary residences) that they can use for a specific amount of
 time each year, and have automatic access to a luxurious lifestyle that
 includes attentive personal concierge, maid and maintenance services. This
 lifestyle, however, was reserved largely for the "rich and famous"-until
 Private Quarters Club recently came on the scene to enable people who
 aspire to live the "good life" to enjoy it.
     Private Quarters Club, which has opened private residence clubs in
 Florida, Wisconsin and Missouri, has changed the fractional ownership model
 by offering beautifully appointed luxurious second homes in some of the
 country's most exclusive golf communities, along with automatic membership
 in world- class golf and country clubs, at prices within realistic reach of
 the middle class.
     The numbers speak for themselves. For example, fractional ownership of
 private residence club villas often costs $350,000 or more, in addition to
 a whopping $25,000 in annual dues and an initial golf club membership fee
 of $30,000-$50,000. For most consumers, this is simply unattainable. This
 is not the case with Private Quarters Club. For instance, Private Quarters
 Club's three-bedroom villas at the Amelia National Golf & Country Club
 (Fernandina Beach, FL) are priced at $79,900 for 21 nights per year, in
 addition to a nominal $4,200 in annual dues; and their two-bedroom
 properties are priced at $66,900 for 21 nights, with $3,900 in yearly dues.
 And that "forbidding" one- time golf membership fee? It doesn't exist here.
     Best of all, the exclusive, privileged lifestyle that the pricier
 residence clubs offer is all there, and then some, starting with
 world-class golf. Private Quarters Club members live and play on signature
 courses designed by Tom Fazio, Gary Player, Arnold Palmer and Lee Trevino.
 A great benefit of Private Quarters Club ownership is the ability to enjoy
 year-round playing privileges within any of the Private Quarters Club
 communities, even when they are not in residence. And speaking of the
 Private Quarters Club homes: Each features master bedroom designer
 amenities; floor-to-ceiling luxury, from plasma televisions to gourmet
 kitchens with Viking appliances and granite counters; expansive great
 rooms; and over-sized verandas for morning mimosas or late-night martinis.
 Members also enjoy first-class clubhouses with private locker rooms, fine
 dining, swimming pool and tennis courts, and fitness facilities.
     And members never have to exert themselves-except on the golf course or
 in the pool. Fractional ownership entitles them to both maid service and
 Private Quarters Club's Cloud Nine Concierge(TM) service-with attentive
 concierges available to fill every request (from a pre-stocked refrigerator
 to theater tickets to charter boat reservations).
     Individuals seeking more information on Private Quarters Club's
 enhanced fractional ownership lifestyle experience should call 888-703-2007
 or visit privatequartersclub.com. Journalists seeking information should
 contact Dawn Ringel, Warner Communications, at 781-449-8456 or
 dawn@warnerpr.com.
     About Private Quarters Club
     Founded in 2001, Private Quarters Club of Jupiter, FL makes the
 luxurious private country club lifestyle affordable to mid-market buyers.
 The company has introduced a first-of-its-kind experience-fractional
 ownership of beautifully appointed second homes in some of the country's
 most exclusive golf communities, including full golf/country club
 membership, at prices within reach of the mid-market. The company currently
 has three properties-at Amelia National Golf & Country Club at Fernandina
 Beach, FL (new); and at Geneva National Golf Club along Lake Como and near
 Lake Geneva, WI, opened in 2004. And, Porto Cima at Lake of the Ozarks, MO,
 opened in 2002. Private Quarters Club is owned and developed by Devcon
 Development of Jupiter, FL, a leading real estate development company known
 for its innovative master-plan communities. Please visit
 privatequartersclub.com for more details.
 
 

SOURCE Private Quarters Club