Fractional ownership allows co-investors to enjoy ownership and exclusive usage benefits of luxury holiday homes situated in some of the most magnificent vacation resorts and areas in Southern Africa.
Typically an 1/13 share will provide 28 days exclusive usage rights per annum in the actual property you own shares in, some fractional promoters offer international value for value exchange options as well as the opportunity for your to swap or rent out your unused weeks. The on-going maintenance, shareholder and general property management burden is taken care of by a dedicated fractional ownership management company.
All running costs are shared according to shareholding status which is typically funded by a monthly levy contribution, making fractional ownership the ideal way to own and use your luxury leisure home for the time you require each year.
Rebrand for European Timeshare Organization Source: Opp.org.uk After 11 years in existence, industry trade-body the Organisation for Timeshare in Europe (OTE)
Lermitage Franschhoek affiliates to Platinum Destinations
Source: www.fractionalownership.co.za No visit to the Capeis complete without a visit to Franschhoek and the exclusive Lermitage Franschhoek Chateau & Villas
Fractional ownership role-players to link in wide-reaching online network - The Fractional Network
Fractionalownership.co.za specialises in marketing the concept of fractional ownership, and is set to launch a strategy which will dramatically boost viewership of fractional ownership property listings both locally and globally. Says co-founder of fractionalownership.co.za, Dirk Wilson: "In the next few weeks we are launching The Fractional Network. This will put fractional ownership in front of people when they are thinking about property or lifestyle investments online. Global research indicates that approximately 80% of people begin their search for second and vacation homes online. People searching on various SA-based property portals today may not be able to find fractional ownership listings, but we are set to change this and assist in providing more purchase options for investors.
