Fairmont Heritage Place, El Corazon De Santa Fe, New Mexico Fairmont Heritage Place, El Corazon de Santa Fe, New Mexico.

Frequently Asked Questions

For more information on ownership at Fairmont Heritage Place, El Corazon de Santa Fe, please contact a membership director, 866.721.7800.

What is Fairmont Heritage Place, El Corazon de Santa Fe?

Fairmont Heritage Place, El Corazon de Santa Fe is a luxurious, member-owned residential enclave comprising an intimate clubhouse and 16 elegant two-bedroom residences ideally located in the heart of historic downtown Santa Fe, New Mexico. The Club is staffed by a dedicated Fairmont owner services team. Each residence is fully furnished and exquisitely accessorized. Your club staff ensures that you enjoy worry-free ownership and hassle-free vacations. There are only eight club ownerships per residence, ensuring that each owner enjoys abundant and flexible lodging privileges.

If I purchase at the Club, do I own real estate?

Yes. Ownership is evidenced by a real estate warranty deed, which is recorded and insured by a title policy. Each owner is conveyed a one-eighth, undivided, deeded interest in one of the Club's fully furnished residences and an interest in the common areas.

What are the advantages of Club ownership?

The concept was developed to significantly reduce the financial burden of a luxurious second home. It also frees owners from the upkeep and security worries normally associated with ownership and provides generous, flexible usage.

Have Fairmont Heritage Place Clubs been developed at other prestigious resorts?

Yes. This innovative concept has been enthusiastically embraced by affluent buyers at premier destinations around the world, including Whistler, Cananda; San Francisco, California; Telluride, Colorado; Miramar Beach, Florida; Acapulco, Mexico; and Zimbali, South Africa.

As an owner, how often can I vacation at my Club?

As often as you wish, subject to the club's reservation policies. Owners have the flexibility of reserving club vacations well in advance and also on a short-notice basis. Each year, owners may reserve up to four weeks of vacation time in advance. This leaves abundant opportunity for additional short-notice and last minute vacations. However, there is no limit to the amount of use. If some owners visit their club less, other owners can visit more. Owners pay only the published housekeeping fees anytime they reside at their Club.

Is the Club a typical timeshare development?

No, it is fundamentally superior. Your Fairmont Heritage Place ownership offers the benefits of a second home and is manifested by a real estate deed. You can stay at your Santa Fe vacation home whenever you want, as often as you want, subject only to the Club's flexible reservation policies. Additionally, you enjoy an extraordinary array of Fairmont privileges, including preferred access to all Fairmont Hotels & Resorts amenities and facilities.

How many ownerships will be sold?

The club strictly limits the number of ownerships to no more than eight per residence.

Will owners always stay in the same residence?

No. Although ownership is represented by a deed to a specified residence, owners have equal access to all club residences within their membership category to provide the greatest amount of access and flexibility. Owners may request a specific residence and this request will be granted when possible, according to the reservation policies and availability.

Can owners reserve more than one residence during the same time period?

Yes. Because owners are not restricted to a particular residence, they can reserve more than one residence at a given time. It is possible that an owner could simultaneously reserve multiple club residences for the same days during a low-demand period if sufficient club residences within their membership category are available.

What if the number of owners wishing to stay at the Club exceeds the number of residences available?

The Club reservation policies have been designed to equitably allocate peak-period vacations when demand for lodging may exceed supply. Our Rotating Allocation System ensures all owners equal access to peak-period vacations over the years. This system has proved to be fair and effective at other residence clubs for more than a decade.

Do Club owners have guest privileges?

Yes. Owners may invite guests to stay with them during their club vacations and they also may invite unaccompanied guests to use any of their confirmed club vacations without a guest fee.

Are there specific residences designated to allow pets or smoking?

No. Pets and smoking are not permitted in any club residences.

Do owners pay any charges when they stay at the Club?

Yes. Housekeeping fees will be charged for each visit. Daily service includes trash removal, towel replenishment, surface cleaning and bed making. Owners and guest may request full-maid service at an extra charge.

Do owners pay annual fees?

Yes. The annual fees pay for the professional management and operation of all club residences and facilities. Included in these annual fees are funds for staff salaries, supplies, property taxes, insurance, maintenance, window washing, trash removal, legal/accounting, utilities, replacement and/or refurbishing of the club facilities.

What is the quality of the club construction, furniture and accessories?

The club construction is of the highest quality, similar to other luxurious Santa Fe residences. Each residence is completely and elegantly furnished, including: granite counter surfaces, wood ceiling treatments, fireplaces, washer/dryers, high-speed Internet connections, slate floors, and high-quality entertainment equipment, appliances and fixtures. The accessory package includes all kitchen utensils, cookware and silverware.

Who establishes the fees and controls the affairs of the Club?

An owner-elected Board of Directors establishes budgets and fees on an annual basis.

 
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FAIRMONT HERITAGE PLACE, EL CORAZON DE SANTA FE

A Limited Number of Fractional Ownerships
Are Now Available
© 2014 Fairmont Heritage Place,
El Corazon de Santa Fe, New Mexico.
All rights reserved.
103 Catron Street | Santa Fe, New Mexico 87501 | Santa Fe Residential, New Mexico | John Dixon, Broker | 866.721.7800