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What is Fractional Ownership?
Fractional ownership is similar to timeshare ownership in which you purchase a share of time at a particular resort. However, unlike a timeshare, fractional ownership is like owning real estate in the fact that you own part of a property title. Fractional ownership is more like owning a vacation home that you share with other owners. While fractional ownership and timeshare ownership have many similarities, they have their differences as well.
Interested in owning a timeshare fractional ownership? Complete the form on the right side of this page to learn more, or call us directly by dialing 1 (469) 663 4706.
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Fractional Ownership Vs. Timeshare
Fractional Ownership
Fractional ownership properties tend to be more upscale residences with more luxurious features and services. Because of the quality of fractional ownership resorts in regards to accommodations and amenities, owners will enjoy a very high trading power when utilizing timeshare exchange. Your registered title deed allows you to visit the property for six to twelve weeks on average, depending on how the ownership is divided by the developer, rather than just one week with a timeshare. Owning that time allows you to travel more throughout the year, or you can choose to rent out some of your weeks for money back. However, owning that additional time also requires more/higher annual maintenance fees. Additionally, when you purchase a fraction ownership timeshare, you are buying a Right To Use ownership.
Popular fractional ownership brands include the renowned Four Seasons and Ritz Carlton Club.
Timeshare Ownership
A timeshare is a block of time (generally a week) that you have to visit your home resort. This ownership is strictly time, and is not in any way real estate property. Maintenance fees are paid annually and go towards keeping the resort maintained and updated as needed.
In the question of fractional ownership vs timeshare, what you want to own depends on your lifestyle and vacationing preferences. Timeshares are a more affordable way to enjoy a yearly getaway. Fraction ownership properties allow you to own part of a property title with access to rich accommodations and lavish services for multiple weeks throughout the year.
Save on Fractional Ownership With Us
As previously mentioned, timeshare fractional ownership is significantly more expensive than buying a regular timeshare. Luckily, when you buy a fractional ownership timeshare on the resale market, you can still save thousands of dollars, upwards of 70% off retail. This will allow you to indulge in one of these high-end fractional properties for a price that is much more agreeable. Contact us today to learn more about how you can score one of these luxurious vacation ownership properties for less.
Copyright 2017 © Michael Morgan and Associates – All Rights Reserved. This website, or any portion of content contained therein, may not be reproduced or used in any manner whatsoever without the express written permission of the Michael Morgan and Associates. Disclaimers: A number of references are made in this website to specific timeshare developers. All such references in context constitute our opinion with respect to the merits of a particular product or service offered by the developer so referenced. Previous success in a given case or cases does not guarantee favorable results in any other case or cases. This information is for guidance only. Nothing within this website constitutes legal advice.