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Fractional home ownership buyers have hundreds of reasons why they decide to purchase their second property. Here are five for you to consider.
Fractional or shared ownership is property ownership without compromise. Enjoy the home of your dreams and never worry. Your property manager will watch over everything. Cleaning will never cross your mind. The garden will be expertly maintained. Spend your time doing the things you love with the people you cherish. At your second residence, the hassles of ownership don’t apply. Your concierge will make sure of that.
Shared home ownership allows you to own a large, luxurious home in a prime location at a fraction of the cost of wholly-owning your property. For many, the maintenance, management and price of a second home are too costly to justify the purchase. Through On Ocean’s Edge property ownership, these costs are much less and you enjoy a full-time concierge to cater to your wishes and a new vehicle to take you where you want to go.
Second home ownership can diversify your portfolio. Newfoundland and Labrador, Canada is becoming one of the most popular destinations in the world. It’s unique appeal and stunning ocean properties are in high demand. Over time, it’s possible that your coastal property will appreciate in value and you can rent or loan your home to others if you choose. When capital investment is combined with the convenience and freedom of shared fractional ownership, it just makes sense.
When you choose On Ocean’s Edge for your second home, you receive thousands of vacation opportunities for you and your family to enjoy. Our exchange program includes the most exclusive and luxurious resorts in the world. Trade a week or two at your home for a week or two at a resort in another location, complete with the unsurpassed concierge service you’ve come to expect.
Your second home will become a haven for you, your friends and your family to relax and enjoy each other’s company in for years to come. Your shared estate exists in perpetuity so your ownership can be passed to the people you love years into the future. Each person you name will receive a fraction of your property that is legally theirs to enjoy, and the quality and service that you’ve come to love will continue as long as they own it.
To learn more about On Ocean’s Edge fractional properties and shared home ownership, please contact us
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