Vacation Ownership:
The Dalima organization is going to introduce for first time in Nepal, the exciting concept of vacation ownership. This concept allows to buy the rights of a fully naturally decorated cottage apartment for a week (or multiples thereof) every year for a fraction of the actual property purchasing price. The right is yours to stay and enjoy, sell, loan, rent out, gift or bequeath yours unit week. "Kurin Corner" project is the first project of the " Dalima Group" being the Flagship of the organization.

What is Vacation Ownership?
Vacation ownership is the legal arrangement which permits a purchaser to own or use exactly the amount of time required at a particular holiday accommodation (apartment, villa, cottage, etc.) for a specific number of years. Purchases are usually made in periods of one week for durations that range from 30 to 90 years.

How does the Vacation Ownership industry operate?
Normally, a developer builds a holiday resort complex which comprises accommodation (units of various sizes depending upon demand patterns) and other recreational facilities (swimming pool, tennis courts, restaurants, bars, etc.). The developer sells weeks of occupation in the holiday units directly or through marketing organizations. Vacation ownership are priced according to the quality of location, type of accommodation, range and quality of facilities available and the time of the year chosen. Normally, three price slabs of peak, medium and lean seasons are demarcated. Purchasers opt for holiday period most suitable to them at the stipulated price. The developer or an operator appointed by the developer, maintains and manages the resort efficiently for a pre-determined fee collected from the purchasers