What is fractional ownership? Fractional ownership (or
shared ownership) offers individuals the opportunity to buy partial ownership
of a really nice place in a resort area.
A second home has been called the ultimate discretionary purchase
-- something that many people would like to have but no one needs. People who
do own a place at the beach, the lake or in the mountains often are quick to
express frustration at not being able to spend more time there. It hardly makes
sense to have the expense of a mortgage, upkeep, insurance and taxes for a
place you don't use more than a couple of weeks a year.
To deal with that situation, family members and friends often
have joined forces to buy a place. It cuts down on the cost and everyone gets
to enjoy a place that's more than just a hotel room. If you are thinking
about spending a month or two in a sunny beautiful spot, this may be the
My job is to find the ideal property at an affordable price, handle the multiple requirements for foreign ownership, and provide you with a turn-key property to use and to enjoy.