What is fractional ownership?
Fractional ownership allows several unconnected investors to safely combine their resources with a low initial outlay to collectively own a luxury property.
This is attractive for the following reasons:
a) Traditional holiday property ownership may not be easily affordable.
b) Any costs of ownership are shared.
c) Fractional ownership offers a safe, legal and fair way to collectively buy a holiday property, share the title deeds, share income that is generated and the time which the property can be used
d) Owners are ‘tenants in common equal shares ‘For example: If there are 13 memberships, every owner receives 4 weeks each per annum to use or lease back to the management company to generate income.
e) Memberships can be sold on at any time and members will directly benefit from the capital appreciation of the property.
The above can be described as:
a) Fractional Ownership.
b) Co-ownership of the title deed.
c) Share of the freehold title
Key Differences between Fractional Ownership and Timeshare
Fractional ownership – each member owns a membership of a company that owns the bricks and mortar and owns the title deed. You benefit from any increase in the value of your property when you sell, you benefit from rental income and from all capital appreciation.
Timeshare gives access to a property, the right to use it for a fixed time each annum.
Although you are not the owner of the property, maintenance costs remain applicable
Summary of Benefits
• Own a luxury fully managed holiday property at a fraction of the price.
• Only a fraction of the financial commitment.
• Only pay for what you would like to use.
• Shared costs
• Benefit from any capital appreciation.
• By inclusion in a “Last Will and Testament”, fractional purchases are an asset that can
legally be transferred.
•A great way of creating a mixed portfolio is by purchasing different styles of properties in varied locations.
• Use, rent, and sell – flexibility to make the very most of your property.
• Tax efficient way to buy, own and sell property
Here is a selection of properties that can be purchased using Fractional Ownership, for full details contact us:
1 Bedroom Studio
Halcyon Retreat Golf and Spa Resort, Limousin,France
3 Bedroom Lodge
Forest Villa available to buy as Fractional Ownership or Full Ownership at the Halcyon Golf and Spa Resort, Limousin, France
Exchange rates may vary, we can ask our currency exchange companies to contact you and guide you through the benefits of working with them to save money on your property purchase
For the avoidance of any doubt, Eden International Property Consultants Ltd. IS NOT regulated or licensed by the Financial Conduct Authority (FCA) to give investment or financial advice or to provide any tax or legal advice. All information provided by Eden International Property Consultants Ltd is intended as general information and should never be treated as giving advice or making a recommendation