Fractional Ownership a popular choice

Fractional Ownership – property

The days of timeshare with it’s attendant problems are now fading away.  Fractional ownership is fast taking its place and has been around for a very long time, but it was only the very wealthy up until recently who have taken advantage of fractional ownership in luxury yachts etc.  Therefore, it is perceived to be more classy than timeshare.

Within the property sector this type of ownership is booming, mainly because those people who originally thought about buying holiday homes no longer want the trouble and expense of owning real estate they can only use for a few weeks at a time, and in these days of recession could depreciate in value.  They are seeking the value, equity and other benefits associated with property ownership and are finding this by investing in fractional ownership as it comes in the form of fractional real estate.

The similarity to timeshare is that you can stay in an apartment or town house for an agreed period every year, but unlike timeshare, you own a freehold share in the property.  Owners receive a fractional interest in perpetuity.

Fractional ownership of a yacht

Owning a yacht is beyond the pockets of most people, not only because of the initial outlay in purchasing the yacht but because of increasing annual costs of mooring, maintenance, insurance etc, not to mention the fact that the yacht is very often only used for a few weeks of the year.

Through fractional ownership, however, it is possible to enjoy pride of ownership without all the headaches and ongoing expense.  The annual fee pays for the crew, the maintenance and the management leaving you to enjoy cruising at its finest.

Contact us for details whether you wish to learn more about fractional ownership on a yacht, houseboat or in a luxury condo hotel in Disney World Florida.

Until next time,

Eugenie