How do you describe Esperanza?
Esperanza is a luxury hotel, spa and Private Residence Club located within
Punta Ballena, one of the most exclusive resort communities in Los Cabos. Esperanza
is a stunning addition to the Auberge Resorts portfolio and features a small luxury
hotel with 50 graciously appointed casitas, six luxury suites and 60 two, three,
and four bedroom Residences. Other world-class amenities include oceanfront restaurants
offering inspired gourmet cuisine, a fitness center and yoga studio, a full-service
spa, a Members Club Room, oceanfront infinity-edged pools and extraordinary services
and amenities provided by the attentive Auberge staff.
Where is Esperanza?
Esperanza is located on a secluded stretch of coastline four miles from
Cabo San Lucas, on the tip of the California Baja Peninsula overlooking the Sea
of Cortez. Differentiated from mainland Mexico, Baja is the southern extension of
California. This ideally situated resort terraces into the magnificent bluffs of
Punta Ballena (Whale Point) above two exquisite coves. At Esperanza you will find
the comforts of fine American services and amenities, yet experience the authentic
and gracious character of Mexico.
THE RESIDENCES AT ESPERANZA
What are The Residences at Esperanza?
Owned exclusively by its Members, The Residences consists of 60 beautifully appointed
two, three, and four-bedroom villas. The architecture reflects the region's Mexican
style with palapa roofs, earth-tone walls, and terra cotta stone. The richly appointed
residences feature handcrafted furnishings, local artwork, limestone floors, gourmet
kitchens and spacious baths. All of the residences offer expansive views; outdoor
patios and floor-to-ceiling glass doors that disappear into the walls to provide
outside living in the wonderful tropical air. The Residences at Esperanza offer
the opportunity to own a second home without the hassle. It's the best of both worlds,
the services and amenities of a world-class resort matched with maintenance-free
ownership in a seaside vacation residence.
What are the advantages of Membership in a Private Residence Club?
Ownership in a true Private Residence Club, like The Residences at Esperanza, afford
the Members all the benefits of owning a vacation property of the highest quality
for a fraction of the price you would expect to pay. Ownership at The Residences
eliminates all of the hassles that are associated with owning a vacation home and
provides you with the services and amenities only found in the finest resorts. Since
there are only a limited number of Memberships available, you have the opportunity
to use your vacation home as often as you like.
Is ownership of The Residences at Esperanza different than what is commonly
referred to as a timeshare purchase?
Yes. Timeshare is typically characterized by ownership with a very large group of
people. Most often, there are 52 weeks that are sold to 52 different people for
each unit, in which purchasers own the right to use a specific week. The Residences
at Esperanza offers a very exclusive Membership that allows you to select the time
you want to visit each year. And, you may use your Club as often as you desire at
no additional cost regardless of how often you may visit.
OWNING REAL ESTATE IN MEXICO
Is owning real estate in Mexico similar to owning real estate in the United
States?
Yes. A fideicomiso, pronounced "FEE-DAY-E-CO-ME-SO", is a means by which
non-Mexican nationals own property in the Mexican restricted zone, which is any
land or property located within 64 miles of the border or 31 miles of the Mexican
coastline. Under Mexican fideicomiso law, ownership of your property is a contractual
arrangement that functions exactly like a trust typically held in the United States
for estate planning and other purposes. The beneficiaries of the fideicomiso retain
all the exclusive rights to rent, sell, or otherwise use the property as they see
fit. Contrary to the commonly held misconception, a Mexican fideicomiso is not a
lease; it is a form of ownership in which real property is transferred into a fideicomiso
for the benefit of the owner or beneficiary.
Is title insurance offered on land and property held in a fideicomiso?
Yes. In fact, the developer owns a $61 million dollar policy on the 17-acre tract
of land in which Esperanza exists. Additionally, title insurance for each Membership
is part of the purchase and is paid for by the developer. Stewart Title Guarantee
Company in Houston, Texas issues the title policy and it provides the same extensive
title coverage one would expect on any property in the United States.
USING MY MEMBERSHIP
How often may I use my Membership in The Residences at Esperanza?
Your membership at The Residences at Esperanza allows you to come as often as you
like - your use is unlimited. Our concept allows you to enjoy your vacation home
for a guaranteed minimum of four weeks each year during the prime season (October
through June). If you are fortunate enough to have even more time to spend at your
vacation home, the Club can accommodate you on a space-available basis with no cap
on your length of stay.
What happens if my schedule changes and I cannot make my planned weeks?
If you are not able to use your planned weeks you can send family or friends to
stay in your absence. You may also submit two of your planned weeks to the Auberge
Hotel rental program. The rental program provides Members with 60% of the net revenues
generated from the rental of your residence.
Can I use more than one residence at a time?
Yes. Membership at The Residences at Esperanza allows you to utilize more
than one residence at a time. A Member needs only to comply with the Use Agreement
to accomplish booking additional villas for the same week. The only fees incurred
for additional units that are not booked as guaranteed weeks are housekeeping and
transportation charges.
Is there an exchange program at other properties established for Members at
Esperanza?
Yes. You are provided with the exclusive benefit to exchange your guaranteed vacation
weeks at Esperanza with Members at the other luxury Private Residence Clubs in the
Timbers Company portfolio. Destinations include The Timbers Club in Snowmass Village,
Colorado; The Rocks Luxury Residence Club in Scottsdale, AZ; and Castello di Casole
in Tuscany, Italy. Owners can also exchange with one of Auberge Resorts clubs, Calistoga
Ranch in Napa Valley, CA. The Timbers Club in Snowmass Village provides you with
the opportunity to experience a luxury ski-in/ski-out mountain residence located
just steps from the ski lift at the premier ski resort of Aspen/Snowmass Colorado.
For more information go to
www.timbersclub.com
The Rocks Luxury Residence Club, a golfing-mecca development in North Scottsdale,
Arizona, is located in the shadow of Pinnacle Peak. The Rocks provides a wonderful
option for owners to enjoy the best of Arizona. Golf is one of the biggest draws
to The Rocks, which is managed by Troon Golf. When you stay at The Rocks, you have
preferred access to all public Troon Golf facilities in the state. Within a short
radius are found several of the best courses in Arizona, including Troon North (36
holes) and Talking Stick (36 holes) Visit www.therocksclub.com. The newest addition
is Castello di Casole in Tuscany, Italy. Still under development, members are expected
to be able to trade in early 2007. Visit www.castellodicasole.com for more information.
Also included in the exchange is Auberge Resort's Calistoga Ranch in exclusive Napa
Valley, California. Calistoga Ranch is a place to experience wine country living
- a culture of fine wine, world-class cuisine, hiking, yoga and the Bathhouse Spa
with spring fed mineral pools and treatments that utilize the natural ingredients
of the region. There is an on-site vineyard where owners and guests can share in
the process of winemaking and immerse themselves in the wine culture. www.calistogaranch.com
MEMBERSHIP EXPENSES
What are the annual Membership dues at Esperanza?
The Membership dues at Esperanza are estimated at $7,708. The annual dues cover
all maintenance and upkeep, maid services, utilities, insurance, property taxes,
and trustee fees.
What other expenses will I incur as a Member at Esperanza?
There are no additional fees for using a two-bedroom villa. There is a
housekeeping fee of $250 per week in a three and four-bedroom villa.
AMENITIES & SERVICES
What amenities and services are available as a Member of The Residences at Esperanza?
Amenities for Esperanza Members include: on site full concierge services, pre-arrival
shopping, in-residence dining and room service, daily maid service, airport transportation,
personal year-round storage, a luxurious world-class spa, a complete fitness center
and yoga classes, exquisite sea-side restaurant, La Terraza Americana Casual Dining,
poolside Palapa Bar and Grill and two swim up bars, a Members Club Room, Shopping
and Spa boutique, a private beach and three breathtaking infinity styled pools.
CONTACT INFORMATION
How do I find out more about becoming a Member of The Residences at Esperanza?
Please contact our Member Representatives, toll free at 877-615-7187.