Saturday, May 18, 2013
   
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The Guide to Shared Luxury Property

Ski House

Single family fractional homes are most commonly sold in 1/4 or 1/6 shares, but other fraction sizes are also available. The idea of sharing a vacation home has been around for a long, long time with friends and relatives getting together to buy a home amongst themselves.

More recently, companies have evolved which will set up and run the homes for groups of buyers. These companies will take care of all the aspects of running, maintaining and repairing the home, so that the homeowners can simply enjoy relaxing vacations.

If you're looking into buying a fractional home, there are some really good areas to cover in this guide here - much of it from a legal perspective but a lot of other thoughts too. This article covers the reasons people buy fractionals or their more expensive cousins private residence clubs.

Our fractional glossary will get you up to speed on many of the terms you'll come across.


3RDHOME Offers High End Home Exchanges

Founded by Wade Shealy in 2010, this new luxury home exchange company offers second homeowners the chance to trade time in their own home for vacations around the world. In just two years it claims to have saved its members over $10 million in rental fees.

Read more: 3RDHOME Offers High End Home Exchanges

 

Trade to Travel Partners with Demeure

Demeure is a next generation online travel marketplace which works with high end rental agencies, luxury home owners and exchange networks. Trade to Travel (TTT) is one of the original pioneers in luxury vacation home exchange and arranges exceptional vacations for a discerning clientele. Together they are opening the Demeure marketplace to TTT owners.

Read more: Trade to Travel Partners with Demeure

   

Machrihanish Dunes Offering Fractional Ownership of Cottages in Scotland

Scotland is renowned for its rolling hills, seaside communities, and world class golf courses, and Machrihanish Dunes offers the opportunity to purchase fractional ownership property in the heart of it all. Situated on the Kintyre Peninsula, The Village at Machrihanish Dunes has been developed by Southworth Development LLC, a privately held company based in Newton, Massachusetts.

Read more: Machrihanish Dunes Offering Fractional Ownership of Cottages in Scotland

   

New Fractionals at The Rocks in Scottsdale

Peter Kuhn is a huge fan of the fractional business model. Having purchased shares in various other clubs, he enjoyed the luxurious homes, first-class amenities, the exceptional level of service, and other accouterments that go along with this lifestyle. When an opportunity to venture into the business side of this type of arrangement became available, he decided to make a go of it.

Read more: New Fractionals at The Rocks in Scottsdale

   

Upscale Paris Fractional Ownership

For individuals who visit Paris frequently, fractional property ownership can be a superior option to either whole-home ownership or hotels. Offering more than just nightly accommodations, fractional ownership provides a comfortable home away from home from the hustle and bustle of the city.

Read more: Upscale Paris Fractional Ownership

   

Paris Property Fractional Ownership

Does owning a little piece of Paris to call home sound like a heavenly dream? If you frequent Paris for business, pleasure or both, home ownership may be an option to consider.

Read more: Paris Property Fractional Ownership

   

Lifestyle Assets Introduces Discovery Trips for Prospective Owners

The new program allows potential equity owners to stay for up to four nights for $650 per night. Four Lifestyle Assets vacation homes in four different locations are available through this program.

Read more: Lifestyle Assets Introduces Discovery Trips for Prospective Owners

   

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