What is Fractional Ownership?
  Fractional ownership simply means the sub division of an asset into portions or shares. When the “asset” is property, the title or deed can be legally divided into shares. These shares can then be purchased and owned by more than one individual. It is normal to subdivide the total share number into an equal number of portions. In some instances a "mezzanine structure" such as a company is created. There are three common reasons for this practice:

To allow transfer of shares without the need to reflect changes on the title or deed of the property.

For tax reasons

Local property law
 

Shared ownership of the property and its deed will also entitle shareholders to certain usage rights, usually in the form of weeks. Fractional Ownership is not the same as Timeshare. Fractional Ownership offers the usage benefits offered in timeshare, however, the fundamental difference between the two is that with fractional ownership the purchaser owns part of the title (as opposed to units of "time"). Therefore, if the property appreciates in value, so do the shares.
As with whole ownership, fractional owners can sell whenever they deem necessary or prudent, releasing the capital growth from their ‘Bricks and Mortar’ investment.

 

 

 
PMF FRACTIONAL

With the slowdown in the overseas property sector worldwide and the financial uncertainty in many economies, we have seen price points drop and sales subside. Therefore, in light of our wide industry experience, we have made the decision to launch a fractional ownership programme, in conjunction with The International Property Law Centre advising on all aspects of the legal process.
Courses are primarily focused towards sales and cross-cultural skills but can be extended to address a wide range of topics including:

• Fractional ownership offers the opportunity to increase the potential to sell in a challenging market.

• It adds value to a developers offering by making products available to a wider spectrum of buyers.

• Fractional Ownership drastically reduces the entry-level price point for clients with the added benefit of a managed solution.

PMF operate in a pre-structured manner to ensure a satisfactory outcome and ultimate client satisfaction. We provide all the required contractual structures to ensure a sound legal entity that complies with local property ownership laws and clearly secures client positions.

• The PMF Fractional support team provide all the associated operational documents and training to the sales and management teams.

• PMF Fractional working with the developer shapes the ‘Go to market’ strategy and process.

• PMF Fractional proactively promotes the developers fraction proposition to sales agents and supports the sales process through to conclusion.

• PMF Fractional work with the developer fractional property management team on an ongoing basis to ensure continuity of service levels.

• To develop end client comfort in the fractional proposition, PMF Fractional is working with its developer partners to build a strong after-sales market based on a fixed fee structure. This is a key concern to those clients considering fractional solutions.

• PMF Fractional is dedicated to quality long-term benefit driven integrated fractional solutions for developers and commercialisers.

• We offer a dedicated team of experienced professionals supported by one of the industry’s legal practices with country specialists.

• We believe we may be unique a service provider in offering ongoing integrated support.