Fractional Ownership Property
If you want warm Tropical weather with the all entertainment that goes with it then Florida has it all. Access to the Sunshine State is now easier and cheaper, with a large selection of airports to choose from and flight prices at an all time low this makes Florida an excellent choice for a vacation home. Five million Brits have homes in Florida.
The cheap house prices along with the low dollar value make this a great place to own a home. All our homes are built within the last few years and offer the highest standards in luxury. We have also selected areas that offer all types of recreation within a short drive and when possible within walking distance.
The population of Florida is predicted to increase by 300,000 people per year for the next 25 years creating a huge flow of money into the state, this will create a huge demand for real estate over these coming years .The influx of people is not just from the retirement section of the population but from mostly the 25-55 year age group, a group that is willing to put money back into the system. This influx is making Florida a very good place to invest in real estate.
The founders of Your Fraction feel very strongly that our clients should participate in the fractional ownership of properties where we would realistically expect to see an increase in their capital value in the years ahead. We specialise in sourcing high quality properties located in desirable areas. They will almost always be individual residential properties and as such are most likely to retain strong re-sale potential should owners wish to sell in the future.
We base our selection process and pricing structure on the following criteria –
· Location – We specialise in the acquisition of property only in countries and areas where the market offers real opportunity for growth. These currently include the USA (Florida), Scotland, Italy and Western Australia where we have direct experience and knowledge. Other locations are currently being researched.
· Local Knowledge – Our knowledge and experience of these markets will be used to ensure that acquisitions are not made where excessive prices are being sought or where there is oversupply.
· Pricing – The total value of the fractions is based upon the market value of the property and can be a figure between 110% and 200% of this. We aim to set pricing at around 130% and this will include furnishings. You therefore pay only a small premium for the flexibility and convenience of fractional ownership.
· The Future – We will advise our fractional owners of specific sales opportunities or market trends that may be to their advantage. For example if a property is in a location where high prices are being achieved we might suggest to the owners that the property is sold and a replacement is sourced in an up and coming location with more space, facilities, etc.
Property has proved to be a sound investment for many people over the years and being part of a carefully structured fractional programme can present you with the opportunity to share in the ownership of an asset that should rise in value and provide years of memorable holidays
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