Yes of course! Why not?
Developers have increased fractional developments by 218%! It certainly makes sense as baby boomers desire a second home and the financial benefits of real estate fractional ownership far outweigh the finacial benefits of buying the entire million dollar plus condo or vacation home.
What more and more Fractional real estate owners are coming to realize is that Fractional real estate Ownership is as much a lifestyle choice as it is a financial investment choice. You see, you actuallly own equitible rights to the luxury home via deeded ownership (like tenants in common) or membership in a LLC that owns the property, or a beneficial interest in a title holding land trust. All of the types of ownership are much more liquid / higher ability to sell and appreciate down that road than a timeshare.
The lifestyle is unmatched as more and more of us desire that break away in the mountains or at the beaches from their principal residence. Yes, it is a home away from home. Yes, it is a retreat to which one goes for renewal. Yes, it is a vacation. It is your special place where you go to escape the real world.
Living a luxury lifestyle for a fraction of the price…Who wouldn’t want that? Whether a quick getaway or a longer decadent stay, here is what I’ve used my fractional for and it really explains why this is and will continue to be…a massive trend of ‘average’ people owning there second home. My family and friends gather to meet in the mountains at our luxury condo fractional and since it is fully wired up the internet…I can even work from there! So in the digital age we live in, you can enjoy a fantastic gorgeous lifestyle for a month (hmmm…like Whistler), bring your dog and cat, hike everyday, and enjoy life and still make money at your job!
Tags: Fractional Real Estate, marketing
