WHAT IS FRACTIONAL OWNERSHIP?
THE SMART WAY TO OWN A HOLIDAY HOME IN ITALY.
We offer a straightforward and cost-effective way of buying a holiday home in Italy. Selling shares (with 4 or 5 weeks exclusive residency each year - depending on the house) in your own unique property, that is professionally managed and maintained throughout the year.
WHY PAY 100% OF THE COST FOR 10% OF THE TIME,
WHEN YOU CAN PAY 10%OF THE COST FOR 100% OF THE TIME?
Fractional ownership is a method of property purchase involving several buyers. Each owner holds an equal part of the title. It permits purchasers to have a stake in an asset without having to pay for the entire property and associated maintenance expenses. These costs are divided equally among the owners.
With fractional ownership, the buyer owns a partial equity (shared with 10 or 12 owners in total) in a valuable asset without putting up the cash to purchase the entire asset outright. If the value of the property appreciates, the value of the purchaserβs equity also appreciates.
Our fractional ownership model is a very simple and transparent way to buy a share in a luxury holiday home.
Each house is divided into ten or twelve shares and each owner buys a share that gives four or five weeks annual residency. Every Appassionata property is owned by a non-trading, UK registered, limited company which has been established to exclusively operate the property on behalf of its owners. There are no additional purchase fees, Appassionata have done all the boring legal paperwork and paid the relevant purchase taxes and legal costs.
Unlike sole ownership of a whole house, which can bring its challenges, our co- ownership model takes the headaches right out of the equation. Itβs our job to shoulder the load, and maintain the full beauty of the property and its immediate surrounds. Keeping it safe and secure, and every bit as wonderful as the last time you were here, until you return.
Wherever you hail from around the globe, and however you might describe what we do, be it real estate, owning property in Italy, fractional ownership, or property sharing, we like to think of it as creating a little corner of Le Marche that you, like us, can call home.
If your desire is to have a holiday home in Italy for a fraction of the cost, then Appassionata is for you.
As a lifestyle investment, Fractional Ownership makes sense. On average, a holiday homeowner only uses their property for about 40 separate nights but pays for the entire year. Fractional owners donβt have the financial burden of maintaining the property all year round; they simply split the maintenance fees with fellow owners.
There is a legal structure of course, buying a property is one of the most important decisions youβll ever make. Appassionata has made the process and structure as safe and simple as possible. We have taken care of all the normal legal and tax issues associated with purchasing a property outright in Italy, saving you the headache and complexity of doing this yourself.
The Benefits of Fractional Ownership
Buy the weeks you are actually going to use each year
Align your costs with your usage
Make a lifestyle investment to share with family & friends
Own a more luxurious holiday home than you thought possible
Share the annual running costs of the property
Own a fully furnished interior designed property
Have your holiday home managed and serviced
Start your holiday the minute you arrive
CLICK THE BUTTON BELOW TO SEE SOME OF OUR MOST FREQUENTLY ASKED QUESTIONS
The Advantages Of Fractional Ownership
Lifestyle purchase β Excellent alternative to outright ownership
Annual Running Costs β pay only a fraction of the annual running costs
Economic sense β a fraction of the whole ownership cost and upkeep
Capital appreciation β bricks and mortar with proven positive returns
Confidence β Over 65 owners can attest to this.
Asset β Easy to pass on to future generations
Simple resales β Proven resale program, with positive returns.
Property management β Peace of mind β developers are also managers
Year-round community β Itβs just like coming home
Location β Breath-taking and each selected for their beauty and uniqueness.
As featured inβ¦
Imagine a place where you can relax from the moment you arrive; everything is ready, all rooms are beautifully laid out for you and your guests, and your personal possessions are in place.
Click on this image to see the difference between buying outright or through Appassionata Co-Ownershipβ¦