Fractional ownership

Fractional Ownership is a concept that originated in the United States in the late 1980s, particularly in areas of very high real estate values.  Its success is based on the simple principle of friends and family collectives pooling their resources for the purchase of luxury assets such as yachts, aircraft and holiday homes.  Fractional Ownership has now developed into one of the fastest growing sectors of the global leisure and real estate market.

As the name suggests Fractional Ownership is exactly what it says it is.  A purchaser is actually buying a fraction or percentage of a property itself.  This will typically be anything from a quarter to a twelfth share and is usually a long leasehold basis of anything from 99 to 999 years.

It is categorically not timeshare.  With timeshare all that is being purchased is time.  You buy a licence which gives you the right to use a property for a given period each year – typically 1 week – for perhaps 25 years.  At no point do you actually own any part of the property.

Fractional Ownership has significant advantages over traditional second home ownership.  A property of considerably higher value than the capital outlay required can be enjoyed.  All the usual concerns of second home ownership in relation to maintenance and security are taken care of by a management company and all costs are shared.  In addition the value of a fractional share will run in tandem with the usual property market.

Savills are the only UK property company with professionals specialising in this sector and can offer expert advice for anyone wishing to invest in this growing sector.

For examples of properties available through Savills, please see below.  You can also use our search tool to find suitable properties.

Fractional ownership showcase