Cliffs at Princeville Fractional Share Condo for Sale – $79,000

Own 8 weeks at Cliffs at Princeville for $79,000

Cliffs of Princeville 2 bed/2 bath condominium

8 week (1/6th) ownership where Owners select Property use on a rotational basis. The ownership Deed and Title of this Princeville condo for sale are held in an LLC, a Limited Liability Corporation. All costs of operating the condominium are shared equally by the six share owners. Operating costs are $2,700 per share in 2010 and will reamin at $2,700 in 2011. Costs include all Homeowners Association Dues, Taxes, Utilities, and Insurance.

This top floor Cliffs condo for sale has over 1,100 square feet with 2 bedrooms and 2 bathrooms. The main floor master bedroom has a king sized bed and its own master bath and its own private lanai. Also located on this main floor is the kitchen, living and dining area, second bath, laundry closet and large covered lanai. The second floor loft bedroom has two queen beds.

Cliffs at Princeville with all the amenities: club house, NEW swimming pool, tennis courts, sports court, hot tubs and barbeques. Enoy the Princeville Golf Courses or Hanalei Bay just minutes away.

The owners select their time useage on a rotational basis as follows:

Share Selection Rotation:

• 2011  6,1,2,3,4,5
• 2012  1,2,3,4,5,6
• 2012  2,3,4,5,6,1
• 2013 3,4,5,6,1,2,

Here is what they selected for 2010:

Dec 29 to Jan 12    Manager
Jan 12 to March 9  Share #6
March 9 to May 4    Share #2
May 4 to June 29    Share #4
June 29 to July 13   Manager
July 13 to Sept 7    Share #1
Sept 7 to Nov 2     Share #5
Nov 2 to Dec 28     Share #3

And for 2011:

Dec 28 to Feb 22  Share #6
Feb 22 to Mar 8 Manager
Mar 8 to May 3 Share #2
May 3 to June 28 Share #5
June 28 to Aug 23 Share #1
Aug 23 to Sept 6 Manager
Sept 6 to Nov 1 Share #4
Nov 1 to Dec 27 Share #3

Share #4 and Share #6 are currently offered for sale. For more information visit Cliffs at Princeville 3304