What are the benefits of fractional ownership?
There are five primary benefits: Better Value – Fractional ownership essentially lowers the cost of access. Why buy a half a million beach front residence that you use a couple weeks a year, when for $50,000 or so you can own a piece of that residence and have all the use that you desire. Instead of paying 100% for an asset you use 10% of the time, fractional ownership matches cost with use. Fractional ownership significantly reduces the financial burden of vacation home ownership through shared ownership. Abundant and Flexible Use – A condominium at a fractional is usually divvied up among 12 owners or less, which ensures that all owners have access to the peak seasons. Fractionals guarantee at least 4 to 6 weeks of access with unlimited use on a space available basis. No Hassles – Many potential second home owners overestimate the time they will spend at their second home and underestimate the hassles associated with maintaining that second home. With fractional ownership, there’s no