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Vista Bahia · Guanacaste, Costa Rica
Playas del Coco · Guanacaste, Costa Rica
Vista Bahia
A hillside above Playas del Coco. Four bedrooms face the Pacific, with an infinity pool in its own pool house above the main house. Operated by Zindis since 2022, with three years of rental track record.
Portugal · Research phase from 2027
Atlantic Europe · Pipeline
Portugal
Coastal Portugal under quiet study through 2027. Counsel scoping and on-the-ground scouting precede any deal commitment. Conditional on the same structural discipline as every Luxara property.
Express early interestThe experience
A house kept ready for you, year after year.
Deeded LP equity
You own LP units in the property. Not a timeshare, not a club membership. You benefit from appreciation and can exit through the Luxara Unit Transfer Program - owner-initiated resale of your LP units to a qualified incoming accredited investor at the then-current fair-market value.
Your time there
Each share comes with owner time you can book any season. Use all of it, some of it, or none. All rental income from the property runs through the LP and distributes quarterly to every unit holder.
Zero operational burden
Professional on-site management handles guests, maintenance, operations, and local logistics. You arrive. Everything is ready. You leave. Nothing is required of you.
The case for ownership
What you actually own when you own a share.
Renting the same place every year is a recurring vacation cost without an asset against it. Each visit pays for access you do not keep. The house was right for the trip. You left. Someone else is in it next week.
With co-ownership you hold a deeded equity interest in a single property through a Canadian Limited Partnership. Your weeks at the property are scheduled through the LP's usage rotation. The weeks you are not there are operated as part of the rental program, with net rental income distributed pro-rata to LP unit holders quarterly. You participate in the property's appreciation. You exit through the Luxara Unit Transfer Program when you choose.
How it works
How deeded co-ownership works.
Each property is held in its own closed-end Canadian Limited Partnership. An Estates share is a subscription for LP units in that partnership - a deeded equity interest in one named property, open to accredited investors under National Instrument 45-106 (NI 45-106). One property, one LP, published terms.
Your owner time is scheduled through the LP's points-based usage rotation - book any season, use all of it or none. The weeks you are not there run through the rental program, and net rental income distributes to unit holders pro-rata each quarter. On-site management handles guests, maintenance, and local logistics.
When you choose to exit, the Luxara Unit Transfer Program facilitates owner-initiated resale of your units to a qualified incoming accredited investor at the then-current fair-market value - 2 to 6 months is typical. Appreciation flows to LP unit holders pro-rata, not to a sponsor.
Questions
Common questions.
How is deeded co-ownership different from a timeshare?
An Estates share is LP units in the partnership that owns the property: a deeded equity interest that moves with the asset's value, distributes net rental income quarterly, and is resold at fair-market value when you exit. A timeshare sells usage rights with no underlying equity. The full structural comparison covers the differences in detail.
How does owner time work?
Each share carries points-based owner time you can book in any season through the LP's priority rotation. Use all of it, some of it, or none. The weeks you are not there run through the rental program and earn income for all unit holders.
Who can purchase an Estates share?
Accredited investors under National Instrument 45-106 (NI 45-106). An accredited investor in Canada generally has annual income over $200,000 ($300,000 with spouse), net financial assets over $1M, or net assets over $5M.
What does a $250,000 CAD share include?
LP units in the property-owning partnership, points-based owner time, pro-rata participation in net rental income and appreciation, and professional on-site management. The current property is Vista Bahia in Playas del Coco, Costa Rica, operated since 2022.
How do I sell my share?
Through the Luxara Unit Transfer Program: owner-initiated resale of your LP units to a qualified incoming accredited investor at the then-current fair-market value. 2 to 6 months is typical. There is no forced exit date; the property is held long-term. The structural analysis explains why.
More on eligibility, structure, and exits in the full FAQ.
Adjacent: LUXARA / Capital
For institutional-grade real estate investment.
LUXARA/Capital structures private LP investment in single trophy properties for accredited investors. Pure investment, no usage component. Tiers from $100,000 CAD differ on equity percentage, governance rights, and priority on the Luxara Unit Transfer Program. The Serenity Point raise is fully subscribed; existing units are available through the Luxara Unit Transfer Program.