Fractional Ownership
Fractional ownership enables people to own an interest in a luxury property (often in an exclusive holiday resort or glamorous city centre location) that they might otherwise be unable to afford. Buying a fractional is equally attractive to those who can afford to purchase property outright, but do not have the time to use or maintain it all year round.
Fractional ownership is commonly sold in anything from quarter to one twelfth shares, with periods of the year being allocated on either a rotational basis or a mixture of fixed and floating periods within a season. As well as having all the benefits of a management company to take care of the property, Fractional owners usually have a direct interest in the value of the asset and are likely to benefit from any appreciation in the property value, although this may not always be the case.
Fractional ownership schemes are extremely successful in the US and the concept is increasing in popularity in Europe - the number of Fractional residences increased from 60 to 90 in 2008/9 and it is anticipated that there will be substantial growth in the Fractionals market over the next 5 years.
Fractional ownership is not just confined to real estate. Luxury Yachts, Prestige Cars and Private Jets are just some of the other luxury products that are available under Fractional ownership schemes.
For more detailed information about Fractional Ownership please visit our dedicated Fractional website www.gofractional.org
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What is Fractional Ownership
Fractional ownership enables people to own an interest in a luxury property (often in an exclusive holiday resort or glamorous city centre location) that they might otherwise be unable to afford. It is equally attractive to those who can afford to purchase..
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