What is Fractional Ownership in Real Estate? (Is It Worth It?)
AuthorKelsey Heath. Date:
Owning a piece of real estate or investing in real estate can be financially unobtainable for many. For those willing to take an alternative path, fractional ownership of real estate can open some doors. Through fractional ownership, groups of individuals can co-own a high-value asset, gaining access to elite properties and lifestyle experiences that would otherwise be out of reach. This model is gaining popularity, but it’s not without its risks and downsides. Fractional ownership works by dividing the property’s purchase price and ongoing expenses among co-owners, each of whom holds a percentage stake in the asset. Unlike a timeshare, which only grants temporary access, fractional ownership provides genuine property ownership, complete with the potential for appreciation in value. Co-owners typically share financial responsibilities—such as maintenance, property taxes, and repairs—but also gain an investment that can grow over time. But what exactly is fractional ownership, and how does it differ … Continued
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