Co-ownership is an arrangement where a small group of investors (typically 2-12) share the costs and use of vacation property. These groups can be assembled by a real estate development or hotel company, an individual builder, Realtor or seller, or one or more of the prospective buyers/users. Most co-ownership offerings provide an owner with a percentage of ownership in a property and are listed on the deed as an owner. Co-ownership offerings are typically upscale residences in desirable vacation destinations. Typically, the co-ownership group will secure the services of a management firm to care for the home locally. Fractional ownership differs from "time shares" in that fractional ownership provides deeded ownership in a particular asset rather than just the purchase of time only. Deeded ownership typically provides a much greater degree of control for owners in a fractional project and has the potential for appreciation.
What Is Co-Ownership?
Each fractional ownership villa is a separate offering. This is not an offer to sell or a solicitation of offers to buy fractional ownership interests in a villa in those states where regulated. This is not an offer to sell or a solicitation of an offer to buy securities. Void where prohibited by law.
The information contained on this web site is believed to be accurate to the best of our knowledge. The purchaser of any fractional ownership interests is responsible for verifying any information contained herein. Some of the photography used in this site is provided for example purposes only. Actual properties may vary in location, size, bedrooms, bathrooms, character, furnishings, equipment, fixtures, amenities and features. Certain photos featured within this website are for example purposes only.