Ritz-Carlton Club and Residences - A Name Synonymous With Class, Elegance and Style Amazingly Affordable Residences Starting at US$90,000

Released on = February 19, 2007, 9:12 am

Press Release Author = Hot Properties Worldwide

Industry = Real Estate

Press Release Summary = The Ritz-Carlton Club and Residences is located in South
Beach overlooking the ocean. A five-star private residence club it offers 21 days of
use per year, from only US$90,000.

Press Release Body = The Ritz-Carlton Club and Residences, South Beach, Miami,
Florida will offer 86 exclusive private residences and 45 fractional Club
residences. The beachfront property, to be developed at the site of Miami Beach's
historic Seville Beach Hotel, will offer both Owners and Club Members all the
comforts of luxury living with the legendary, personalized services and facilities
of The Ritz-Carlton.

The fractional units, one to three bedrooms, will be sold in one-twelfth shares,
with owners granted at least 21 days a year in their units.

One of the most appealing aspects of the fractional ownership is that it entitles
the owner to membership privileges at Ritz-Carlton\'s sister Clubs in Aspen and
Bachelor Gulch, CO; St. Thomas; Jupiter, FL; San Francisco, CA; Lake Tahoe, NV; and
Hawaii. Members may also reserve additional time on a nightly basis as available.
Furthermore, Members can enjoy VIP status at all Ritz-Carlton Hotels.

Elegant Residences

Each Club residence will reflect the elegance and luxury that characterize the
worldwide collection of five-star Ritz-Carlton hotels and resorts. Rich, polished
woods, Italian marble, hand-hewn tile, and artisan-crafted cabinetry promise no
compromise.

The property will consist of 45 fractional units and 86 full-ownership residences.
The fractionals consists of spacious one-, two- and three-bedroom apartments,
ranging from 98m² / 1,053 sq.ft to 182m² / 1,957 sq.ft

The Club residences will offer many luxury features such as:
. Magnificent ocean and city views
. Expansive terraces (only some residences)
. Fully-equipped kitchens with the finest appliances from Sub-Zero and Miele
. Beautifully-appointed room finishes and furnishings including Italian cabinetry
. Flat screen, LCD televisions by LG
. Personal storage

Deeded fractional interests entitle Members to a minimum of 21 days in-residence
annually. Prices range from $90,000 to $525,000.

Legendary, Personalized Services and Facilities of The Ritz-Carlton Hotel Company

The oceanfront property will boast facilities such as
. Three swimming pool including one elevated pool overlooking the ocean
. Beach cabanas
. Two restaurants, fine dining and casually chic oceanfront lounge dining
. Pool bar
. State-of-the-art fitness centre
. 1,486m² /16,000 sq.ft Ritz-Carlton Spa, the largest spa on Miami Beach
. Ritz Kids program

Members enjoy Ritz-Carlton service excellence with services such as
. Twice-daily housekeeping
. 24-hour room service
. Grocery shopping
. Private chef services
. In-residence gourmet dining
. A d