Fractional Ownership is a leisure property owned by a private company with various, but limited, shareholders. This allows individual shareholders to enjoy all the benefits of owning a whole luxury holiday home, at the correct amount of holiday time, at a fraction of the price.
Each shareholder is allocated usage weeks per year. These time periods rotate on an annual basis, making it fair to all shareholders. For example, a property with thirteen shareholders will allow four weeks usage per year per shareholder (52 weeks per year / 13 = 4).
Shareholders enjoy usage rights typically associated with owning their own holiday home, yet the on-going maintenance and management burden is taken care of by a dedicated management company.
Shareholders can also rent out unused time and receive income from their investment.
All running costs are shared between the shareholders, making fractional ownership the ideal way to own a holiday home for the right amount of holiday time.
You can now invest in the top end of the leisure property market at a fraction of the price!