Would you buy fractional ownership?
I am currently dealing with Florida developers who have exhausted the local Florida real estate market in search of buyers. One has asked me what the view of UK buyers was towards fractional ownership. This is where a buyer would own maybe up to an eighth of a Florida home. The advantage seem to be that you can own a luxury home for a small investment. Overseas buyers would then be able to use thier home an eighth of the year. However it feels like timeshare to me and think this is not what UK buyers want. What are your views?
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