Fractional Ownership is not as new as you might think. The concept was actually introduced years ago for corporate jets and then moved its way into luxury yachts, expensive automobiles, fine art and jewellery. And…within the last 5-6 years in Ontario, (or last 10 years in British Columbia), it has become increasingly popular for second homes and vacation properties. We are very excited to be on the leading edge of a proven concept that is here to stay and look forward to helping you determine whether Fractional Ownership is right for you!
Why is fractional ownership just blossoming now? There are many reasons. Lifestyles are becoming increasingly hectic, waterfront real estate values continue to climb beyond the reach of many and the boomers are starting to retire (and look for vacation properties) en mass. In other words, the stars have all aligned in the world of Fractional Ownership...it’s a product for whom the time has come.
It’s a Lifestyle Decision: People are willing to invest in a balanced lifestyle. And a vacation opportunity that is maintenance-free is the perfect way to do so! Less time spent on maintenance = more time to relax and enjoy your vacation.
It’s Logical: Lifestyles have changed. It seems that no matter what our stage of life, we all seem to suffer from too many obligations and a general lack of time. According to a recent study, whether it be due to work, soccer games or other travel obligations, the average privately-owned cottage or vacation home now only gets used 17-29 days per year!
It Offers Luxury at a Fraction of the Cost: It provides the perfect opportunity to get more than you could dream of…for less than you can believe!
It’s Environmentally-Friendly: Shared ownership reduces vacancies and increases efficiencies. Instead of 10 cottages lying vacant for 80% of the year, 1 cottage can be utilized 100% of the time! That means…90% less land, 90% less building materials, 90% fewer septic beds…and the list goes on and on.
Fractional Ownership can make sense for almost everyone!
It’s perfect for those who:
- endure the stressful process of finding the perfect summer rental each and every year
- are struggling to justify the chores, expenses and squabbles associated with maintaining the aging family cottage;
- want to travel elsewhere without feeling guilty for leaving the family cottage behind
- to diversify their portfolio and have money left to invest in other areas as well!