Grand Resort, a member of the Preferred Hotels & Resorts Ultimate Luxury Collection, is nearing completion of Phase I of its Arizona Grand Villas luxury villas in Phoenix.

Arizona Grand Villas Living Room
Phase I of the Arizona Grand Villas includes 52 new one- and two-bedroom luxury Villas, which are being built in the heart of the stunning 164-acre Arizona Grand Resort in Phoenix.

Arizona has long been a popular travel destination for Canadians and Americans wishing to escape winter conditions for Arizona's climate, tourist attractions and abundance of resorts with their spa, golf and dining amenities. As a result, there is a large mix of second and vacation homes in Phoenix for travelers looking to own a piece of their favorite travel spot.

The Arizona Grand Villas are part of the Resort's $52 million renovation plan that began in 2007 and reflect a U.S. and international trend in the real estate market. Today's second-home owners want turn-key simplicity with the service and amenities offered by luxury hotels. Even the most luxurious stand-alone condo developments can't compare to the array of amenities and maintenance services that are offered as part of this premier resort real estate.

In many cases across the country, the cost of resort real estate can be offset with rental income. This concept sold Tom and Diane Bell of Edmonton, Alberta, Canada. The Bells purchased a Villa at the Arizona Grand Resort in early 2008. "We decided to buy here because everything is taken care of when we're not in town. The lock-and-leave appeal and security was a big part of our decision."

The Arizona Grand Villas offer luxury Villas up to 1,380 square feet and are priced from the low $400's to high $600's U.S., with seller financing available to qualified buyers. The completion date for Phase I is scheduled for January 2009. Each spacious Villa offers golf, city or mountain views. In addition, all Villas are fully furnished and feature walk-in closets; custom cabinets; designer countertops; premium appliances, including washer and dryer; breakfast bar; flat screen TV's; wireless Internet; private balconies; and even dishes, utensils and glassware.

Owners will also enjoy the benefits of a Villa Platinum Club Membership which provides full use of the resort facilities and amenities, including the award-winning Oasis Water Park, as well as discounts on golf, spa and dining. Also, the Villas' "backyard" happens to be the spectacular South Mountain Preserve, the largest city park in the United States, comprising nearly 17,000 acres and approximately 60 miles of desert hiking and horseback riding trails.

The Arizona Grand Villas are currently under construction, with a completion date scheduled for January 2009.