When you purchase your co-ownership interest, Paradise Residence Club registers your ownership at land titles giving you the same rights as purchasing the entire condo without the huge expense and worry. Having clear title to your interest gives you an equity position that can be sold at any time either privately, through PRC Developments Ltd. or through a real estate professional. Everybody knows that real estate is a good investment.
Each owner purchases deeded 1/12, 1/8, 1/6, 1/4 or more shares in a specific condominium unit at Sunset Resorts Canmore. Your co-ownership share is divided into 2 categories. Peak/High Demand weeks which are during the busiest periods of the year, and Float weeks which can be booked at any time outside the rotating weeks. These weeks can be occupied by you, your family and friends or if the Rocky Mountains are not in your plans in any given year, you can join our rental program or exchange to over 3500 resorts in 85 countries globally.
The Bow Valleys' most beloved resort property, Sunset Resorts Canmore sets a new standard for Rocky Mountain hospitality. From the in-suite comforts to the onsite amenities and activities, The Paradise Residence Club is the perfect home away from home. Just a few minutes’ walk from downtown Canmore, it’s arguably the best location in town.
Within every rotation you will be assured that 50% of your weeks will rotate during the Peak/High Demand season. These weeks are customarily the highest valued weeks during the year and fetch the most revenue. Weeks are rented through the program manager who is aligned with all the best online travel agencies (OTA’s) ensuring an extremely high occupancy rate and largest returns for our owners. 100% of the net revenue is kept by the owner as there is no split with the manager unlike other programs.
Paradise Residence Club owners can take advantage of the 20-year history that Paradise Resort Club has with Interval International, the world’s leading resort exchange company. PRC’s member service department will facilitate the exchange of your time at the home resort for some of the biggest names in the resort business such as Marriott, Westin, Sheridan, and countless fine hotel brands in over 85 countries around the world. Forget hotel rooms, when you exchange you condo you will stay in luxury suites just like at home. As an owner you have access to practically travel anywhere you would like to go. The world is truly your oyster.
Since your co-ownership interest is deeded just like any other real estate investment, you have the option of liquidating your investment at any time. As an owner you are free to enlist the services of a real estate professional, sell your shares privately, or pass them on as part of your estate.