Legal Fractional Documents

If you’re looking for legal fractional documents then take a look at the following post which should help you:

Legal Fractional Documents

Neil

Administrator

Fractional Ownership News

Fractional Ownership UK

As people who read my posts regularly will know, I am very negative about developers attempting to jump on the fractional bandwagon in order to make a quick profit.  There is a need for a premium over and above the frehold purchase price as compensation for the additional sales effort required, but this needs to be kep to reasonable limits (and often isn’t).

It is therefore very refreshing to come across an opportunity like Penhaven Cottages.  With prices from £20,000 for a tenth share of a cottage in beautiful North Devon they are definitely not trying to inflate their prices.  This in turn gives a real prospect of capital appreciation over the long term.

If they happen to have sold out when you visit (looks like they are selling fast) then why not take a look at the following fractional opportunities in Cornwall…

Fractional Ownership UK – Falmouth

Fractional Ownership UK – St Ives

Neil

Administrator

Fractional Ownership News 

Boat Fractional Ownership

For a number of boat fractional ownership oppurtunities visit the following links:

Boat fractional ownership – for Sail or for Power –  Boat fractional ownership 

Neil

Administrator

Fractional Ownership News

Fractional Ownership in Arizona

If you’re looking for fractional ownership in Arizona, click the link!

Neil

Administrator

Fractional Ownership News

Fractional Ownership in Italy

There are enough sites/cities of interest in Italy to keep you occupied for a lifetime.  From Venice to Rome to the Amalfi coast the country is a delight for lovers of food, nature, culture, and life!  Why not investigate the possibility of fractional ownership in Italy.  This is particularly relevant since property proces in Italy are not as cheap as in many European countries.  Take a look at the following:

Fractional Ownership in Italy 

Perhaps of more interest to UK-based investors would be a proposed scheme to purchase property in/near Venice – contact us for more details.

Neil

Administrator

Fractional Ownership News

Classic Wooden Yacht

I love classic wooden yachts, there is something about the grace of them that is compelling.  Designed through experience rather than science with looks being as important as performance.  They do have disadvantage though.  The sometimes unispiring performance (perhaps especially to windward) might make them suitable for an occasional treat rather than your regular boat.  There is also the aspect of maintenance.  Whereas a modern GRP yacht will take a certain amount of neglect and still be functional, the same treatment could render a classic yacht unseaworthy.  Why not consdier fractional ownership of a classic wooden yacht?  See more details:

Fractional Ownership Classic Wooden Yacht 

Neil

Administrator

Fractional Ownership News

Fractional Ownership Paris

If you haven’t done so yet please take a look at the opportunities available for fractional ownership Paris from www.parishomeshares.net before it’s too late!

Fractional Ownership Paris 1

Fractional Ownership Paris 2 

Both are true fractional ownership schemes with a realistic prospect of captial appreciation.

Neil

Administrator

Fractional Ownership News

Majorca Timeshare

If you’re sonsidering Majorca timeshare (or Mallorca even) why not consider fractional ownership as an alternative?  You might even get some capital appreciation!  Checkout the following schemes:

Fractional Mallorca apartment

Fractional Mallorca Villa

Neil

Administrator

Fractional Ownership News

Fractional Contracts

A few people have asked me recently about fractional contracts.  Whilst I believe that proper legal advice should be sought there are some commonsense things to think about – take a look at this article about fractional contracts

Neil

Administrator

Fractional Ownership News

Fractional Ownership – Understand the Risks

When we do anything in life we expose ourselves to risks.  Walking down the street, driving your car, even staying in bed for the day all have associated risks.  Understanding the risks associated with any decision is important.

When we make any major purchase we expose ourselves to some form of financial risk – we may not be able to afford the upkeep of the asset (due to changes in employment etc.), the resale value may be poor, purchasing may have been less cost-effective than renting/leasing etc.  But how is the risk equation altered when you decide to buy a fractional rather than buying an asset outright?

Firstly, one of the major risks is reduced – you should be less financially stretched becuase you have bough a part of an asset appropriate to your requirements rather than paying the whole cost.  You have however introduced some additional risks associated with your fellow fraction owners – will they be afford to be able to keep paying for their share of the maintenance costs?  Can the remaining fraction owners afford to make up the shortfall.  This type of risk needs to be assessed even more carefully if there is any joint borrowing involved.

The format of the fractional scheme will control the extent of risks arising from the operating company failing/performing badly.  All schemes would suffer if the operating company failed to provide agreed services, however you are insulated from their financial performance if you own a deeded share of a particular property.  However if you opt for a non-deeded holiday club (some destination clubs fall into this category) you need to be very concerned with their financial stability and management.  A commitment to refund your membership fee may come a long way doen the list of creditors if the club gets itself into financial difficulty.  This is one reason why schemes that feature some form of direct (deeded) ownership (whether direcrly or through a comapny formed for the purpose) are prefereable.

Do your homework, but don’t be paranoid! 

Neil Robertson

Visit Fractional Ownership News for more information on fractional ownership of real estate, property, yachts, boats, cars etc.