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The concept of Fractional Ownership

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  #1  
Old 23-08-2006, 07:48 AM
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Default The concept of Fractional Ownership

I don't know if anyone else knows anything about this concept now being offered by Dubai Select, but they are offering the chance to buy 1/25th of an apartment in the Torch Dubai, you choose which fortnight you want to buy, and can then either stay there each year or rent it out. After 15 years the building is sold and you take back your 1/25th share, what do you think?
Thanks
Camden
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Old 27-03-2007, 12:05 AM
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Default Fractional Ownership

The FO concept is certainly starting to catch on in the UK and you may wish to take a look at a helpful consumer website that I've set up dedicated to everything fractional including property and private residence / destination clubs at Fractional Ownership | from Fractional Life
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Old 11-08-2008, 11:34 AM
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Default Fractional ownership property

It is not easy to say whether or not it is a good investment from the limited information you have provided. With fractional ownership property you need to consider all the basics of the property in whole ownership form. Price, location, ability to finance through mortgage / rentals etc. With fractional there are more considerations including what the sum of the total fractions add up to. If it is significantly more than the whole ownership price you need to consider if it will hold its value in shared format.

There is a much more information on this at Fraction Direct. com - or you can email the office with your details and I shall contact you to be of more assistance
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