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
