What is a 'Fractional'?
Fractional schemes are designed to help those people who have the ambition of having a holiday or second home to own but find the financial/maintenance costs somewhat daunting.
Fractional schemes are ideal as it provides for a more viable and cost effective method of ownership. We are dedicated to sourcing and offering the very best fractional opportunities for you and so take away the stresses of owning a property whether here in the UK or abroad.
So how does a typical fractional ownership scheme operate?
- A limited company or similar will be formed which will be split into a number of equal shares that can be purchased. This gives you a direct share of the ownership of the property
- Potential buyers can purchase one or more shares in the limited company. Each share gives the owner the right of occupancy for a given period of time for their exclusive use. All properties come fully furnished and equipped.
- Your share grants you exclusive use of the property for specified dates. On arrival you will be welcomed by a cleaned property and fresh linen etc.
Offer some or all of your allocated time for rental to a worldwide audience using dedicated websites, or rent out your unused weeks to family or friends etc. The income from this could be used to finance the annual maintenance or provide a source of personal income.
Swap time in your property with holiday home owners globally. This gives you tremendous versatility to holiday throughout the world and not be tied to just one location. This would not normally be available to a buyer of a more traditional holiday home. You may exchange as many weeks as you like using internationally renowned exchange programs.
