Holiday Home Shares or Fractional Ownership
What is this? Fractional Ownership means that you choose how much of a property you wish to buy, it allows you to taylor your ownership according to your needs or holiday entitlement. You can now follow your dreams and buy a share of a property much more easily than you ever thought possible.
What does it mean to me? Simply put it means that you only need buy what you desire and no more. It also means that your costs are shared in line with the percentage you own.
Why buy in this way? Having your own equity share means you own that share unlike say timeshare where you only have the use of a property and no ownership benefits or other entitlement. This significant difference means that you will have a much greater say in what happens with the property along with the other owners plus you can sell your share of the property and enjoy any increase in its value.
Look at it this way; Most of us only have a 4 to 6 week holiday entitlement each year but in the past you have only been able to buy the full property, but this method allows you to buy a part of a property broadly inline with the amount of holiday you are likely to enjoy!
How many fractions can we buy? This will vary depending on the project and type of property. However you can buy as many as you wish depending on your wishes or intentions. The more fractions you buy the more your share of the property and time you will have available to use as you wish.
The Key Benefits
- You choose how many fractions to buy – the more you take the more time you can enjoy
- You get the use of a villa potentially worth many times your original investment.
- As the value of your villa increases, so does the value of your fraction.
- All the hassles of property ownership are shared and not just your problem - a management system can be employed to look after all requirements and day to day running of the property.
- You can sell your fraction whenever you like.
Checkout just some of these highlights!
- SECURE a HOLIDAY PROPERTY AT 60% OF VALUES IN 2008
- FRACTIONAL OR OUTRIGHT PURCHASE
- INCLUSIVE OF ALL FURNITURE and FITTINGS
- INCUSIVE OF ALL TAXES & CLOSING COSTS (ANY MAINTAINANCE COST SHOWN SEPERATELY)
- MANAGEMENT FACILITIES VARY DEPENDANT ON SELECTED PROPERTY AND LOCATION
- FLEXIBLE USAGE DATES IN AGREEMENT WITH OTHER OWNERS
At the present time I am focussing on the main tourist destinations of Portugal and Spain.
I know Florida is popular but even though the prices may have dropped 20% I'm afraid the Pound has fallen by a similar amount against the dollar thus there are few deals to be had that are worth following up. However we will be watching closely.
The starting costs vary depending on your chosen project, But as the following example will show, based upon a simple twelfth share giving you 4 weeks use, check this one out;
A Super Hot Holiday Property in the Algarve for £3,300
(We also have a similar site in Andelucia in Spain)
That's right, for less than the price of ONE package holiday for a family of four;
You could indulge yourself in this Park Home, in the Estrela National Park in Portugal for 4 weeks every year. This represents 9% with a maximum of 12 shares or a minimum of 4 shares per plot
This Park is British owned and fully managed to make your stays completely hassle free
Here are The Highlights;
A beautiful and spacious Park Home set in 100 square metres with its own parking space. The land comes with a 20 year renewable lease
You can choose from a two or three bed unit complete with Air conditioning and fully equipped
24/7 on site management and concierge facility
Other facilities include a library, laundrette supermarket and boules court plus a swimming pool
Most Flights from the uk will be less than 2 hours
Take a closer look at the site here
Contact Details
Ask for Kevin
email holidayhomeshares@btinternet.com
Mobile 07733 027959
Contact Details
Ask for Kevin
email holidayhomeshares@btinternet.com
Mobile 07733 027959
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