Why FRACTIONAL Ownership?
The refreshingly uncomplicated way to own a vacation home
Why pay for more than you use each year?
Whether it’s a yacht, a jet, or a luxury property, leveling up for less is the reason why fractional ownership makes so much sense to 1000s of people every year. Vacation every year in luxury by co-owning your dream property with less financial investment than owning a vacation home outright.
{ Frac•tion•al Own•er•ship
[ frækʃənəl oʊnəʳʃɪp ]
- a situation in which two or more people, companies, or organizations own and share an asset, for example, property:
- fractional ownership of something – you can share valuable assets with like-minded people through fractional ownership of property
Fractional ownership real estate benefits
We’ve cut through the complexity of what’s out there to bring you trusted developers along with detailed benefits to co-owning your vacation home.
Deeds & capital growth
Own a deeded share of the company that owns the property & enjoy capital appreciation of the asset.
Hassle-free overseas purchase
There’s no need to navigate the complexities of overseas property laws alone with us by your side.
Only pay for the time you use
Co-owning is the intelligent way to own a luxury vacation home, sharing the costs for the time you’re there.
Fully managed all of the time
Enjoy full property management services for the upkeep & maintenance & eliminate worries of having an empty property.
Earn rental income
Rent out any unused weeks for extra revenue with the assistance of the property management service.
Share the running costs
Take away the sole financial responsibility by just paying your share of the costs equally split between owners.
Ownership structure
A smart investment
Co-owning an expensive asset will not only save you money on the acquisition cost but keep your annual running costs lower by sharing the expense amongst like-minded owners. Buy a share in the company that owns the property title for a deeded fraction of high-end real estate and take your vacation experience to new heights.
Usage
Ingeniously simple and fair
Enjoy your home away from home each year, booking via a fixed rotational calendar enabling you to plan well in advance. By rotating each year, you’ll get to experience the other weeks and can be assured of your 1st or 2nd choice, and never the 3rd!
Property Management
Peace of mind
Never worry about the upkeep or maintenance of your second home again with the full property management service. Everything will be prepared and ready awaiting your arrival, including freshly laundered linen and towels so that you relish every single moment of your time away from the minute you arrive.
How ownership measures up
We’ve taken the guesswork out of costs associated with owning or renting a vacation home. Compare the savings to find the most economical way for you and your loved ones to vacation in style for years to come.
Own
Initial outlay
€2,500,000
10 years’ running costs
Agent fees (4%) – €100,000
Legal & consultancy – €22,000
Purchase tax (10%) – €250,000
Insurance – €11,500
Repairs & maintenance – €11,500
Annual local taxes – €5,700
Total – €400,700
Total Cost over 10 years*
€2,900,700
(€72,517/week)
Rent
Initial outlay
€390,000
10 years’ running costs
Inflation (1.79%) – €75,710
Total – €75,710
Total loss over 10 years
€465,710
(€11,642/week)
Fraction
Initial outlay
€217,000
10 years’ running costs
Yearly maintenance contribution – €5,000
Agent fees – included
Legal & consultancy – included
Purchase tax – included
Insurance – included
Repairs & maintenance – included
Annual local taxes – included
0% interest – included
Full house team – included
Garden & Estate Management – included
Pool care (hygiene & water quality) – included
Housekeeping (linen, towels, cleaning, laundry) – included
Total – €50,000
Total Cost over 10 years*
€267,000
(€6,675/week)
Based on 4 weeks per year, 4 bedroom luxury property over a 10 year period.
*Estimated annual capital return of 10%
Forget timeshare,
own your share
Fractional ownership gives a simple yet intelligent solution for becoming an owner of a more luxurious vacation property abroad for less. Pay for the time that you use but own a slice of your second home.
Fractional Ownership
Frequently Asked Questions
The two have distinctive differences, and one should not be confused with the other. Fractional ownership of a property gives you a percentage of the deeded ownership of the actual property, while timeshare provides you with access to time each year for a set period – you don’t own any of the bricks and mortar assets. Learn more about fractional ownership vs. timeshare here.
Yes, you purchase a share in a Limited Liability company specific to the property. You own a legal, deeded share of the company that owns the property. Therefore, you have a direct percentage of ownership in the real estate property along with your co-owners.
Yes, all the shared ownership homes are interior-designed and furnished to the highest standards. Each home is unique in design and furnishings, but luxury comes as standard in a fractional ownership property. Fully equipped kitchens come complete with all cooking utensils should you choose to whip up a dish of local ingredients. Everything awaits your arrival so you can walk through the door to your vacation-ready luxury home away from home and simply relax. After all, isn’t that how vacations should be?
