They procreate like this: The Palms Private Residence Club in Playa Flamingo, Costa Rica, has signed a sponsorship agreement with the premier international second home exchange firm, 3RD HOME, that enables Palms owners (or buyers) to exchange their properties with other second (and third, and fourth) homeowners throughout the world. That opens second home stay options up to places like Costa Rica, Palm Beach, St. Barts, Paris and even Thailand –five star plus luxury vacation destination in more than 60 countries. 3RD Home now offer 372 properties across the globe.
And it’s funny that this press release crossed my desk today. Last night, at the beautiful designer Robyn Menter’s birthday celebration at Jerry Szor Contemporary Jewelry, I was talking to a couple who told me this is exatly what they wanted in a second home: no maintenance, no fuss, and not being tied down to one home ALL. THE. TIME.
So why not just stay in a hotel, piped in another guest?
Quality control, said he.
“In my years in the real estate business, I have never seen a more powerful offer for second homeowners than this one, ” said Peter Kempf with Peter Kempf International, whose company marries luxurious, high end second home properties with the perfect exchange partner. Peter is also the world’s leading expert on fractional home ownership. How to describe his background? 30 years experience in real estate and 12 years in fractional real estate. He’s worked selling and marketing multi-million dollar properties in 31 states, 22 countries, on 4 continents. He was Director of International Real Estate for Christies Great Estates, Vice President and Midwest Regional Manager for Sotheby’s International Realty, CEO/Europe for DCP International and a member of Who’s Who in Luxury Real Estate. Then there are his clients: the world’s most prominent CEO’s, successful entrepreneurs and, yes, celebrities. Last time I spoke to him, he was in Florence, where in the mid 90’s he launched Castello di Reschio in Umbria, Italy. His experience in Europe continues in the Private Residence Club industry and currently includes Palazzo Tornabuoni in Florence and Borgo di Vagli near Cortona.
In other words, yes, Peter Kempf is a world expert on luxurious vacation real estate.
“The relationships and member properties 3RD HOME has are some of the finest in the world from the Ritz Carlton Residences, to the Auberge Private Residences at Esperanza in Cabo San Lucas, to the Auberge Resort at Palmetto Bluff in Hilton Head that was just ranked as the #1 resort in North America by Travel + Leisure magazine.”
3RD HOME is probably the most unique international second home exchange program of its kind. For a yearly fee, owners of high-end second homes can pool their property in a well-organized exchange pool in order to use another owner’s homes. Home values begin at $500,000. This way, second home owners are not limited to the environment of their own second home.
It’s like giving your second home infertility shots!
3RD HOME has an amazing array of the most luxurious homes on magnificent beaches, vibrant cities and stunning mountains in their portfolio of rapidly growing residences.
About The Palms Private Residence Club:
The Palms Private Residence Club is the only luxury residence club in Guanacaste, Costa Rica. Nestled on the Pacific Coast’s pristine Playa Flamingo, each of the 32 Villas at The Palms offer stunning views of the Pacific Ocean. Offering all the advantages of vacation home ownership with the services and amenities of a first-class resort, The Palms offers its owners a luxury sanctuary and a more authentic experience. Potential owners can purchase 1/8th at $149,000 or 1/10th starting at $129,000. For more information, please call 800-867-5762 or check out The Palms on Facebook @ Palms Villas or Twitter @palmscostarica.