Are you looking for a second home abroad, but have limited resources or time to commit to full ownership? If so, you’ll be interested in learning all about fractional ownership, an innovative concept that allows you to invest in real estate at a fraction of the cost and responsibilities.
What is fractional ownership and how does it work?
Fractional ownership simply means the division of a property (or any asset) into portions or shares. Instead of owning the property yourself, you own a percentage or share of the property. The property’s title or deed is legally divided into shares for each of the owners. It is typically used for high-value tangible assets such as a vacation home, yacht, or jet. In our case, for luxury real estate in Umbria, the Languedoc or Provence.
The two primary benefits people gain when they share ownership are: greatly reduced costs (purchase and maintenance) and mitigated risk of ownership. As properties appreciate in value (or not), so do the shares.
“How fortunate we feel to have this little piece of heaven!!”
Sue and BrooksFractional Owners
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