Fractional ownership has been around for years but as of late, has been gaining in popularity as a cost effective option for owning luxury real estate. The process of fractional ownership is an ideal and cost effective way to maximize your real estate investment by purchasing only the shares of the property that you want to use. Owners purchase deeded shares in a residence, usually 1/4 to 1/26 that gives them a specific number of weeks per year at the property – this affords the perfect chance to own a beautiful vacation home at a fraction of the cost.
Most buyers of destination homes do not want the hassle of maintaining a property year round. With fractional ownership, property upkeep and maintenance are handled by an independent property manager so all an owner needs to do is show up and enjoy it. A rotating schedule of the property's usage is also handled independent of the owners so all shareholders have an equal opportunity to enjoy different seasons throughout the year.
The Northeast Kingdom Vermont property is located in a beautiful setting close to several of Vermont and Canada's most popular destinations. The house has everything for a perfect vacation up north and offers the increasingly popular opportunity of fractional ownership.
For more information on fractional ownership, or to learn more about this Northeast Kingdom property please contact Brian Cabral at (508) 992-4201 or via email at: Info@VermontFractionalLiving.com.