Getting to 1200m/4000ft 🏔️
Rancho Sierra de la Laguna
#seeyouinoctober #freesoulsrestaurant #cerritosbeach
Sharing a virtual walk in the Residence at Freesouls
Fractional ownership simply means the division of any asset into portions or shares. If the “asset” is a property, the title or deed can be legally divided into shares usually in the form of weeks.
The first fractional developments recognized that people did not want to buy whole homes, which they would use only for a few weeks a year in such as homes in the mountains or in another country.
Conceptually, fractional ownership is not the same as timeshare. Fractional ownership affords much of the freedom , security of usage offered in timeshare, however, the fundamental difference with fractional ownership is that the purchaser owns part of the title (as opposed to units of "time"). Therefore, if the property appreciates in value, then so do the shares. As with whole ownership, fractional owners can rent or sell whenever they deem necessary releasing the capital growth from their investement.
Typically, fractional ownership is a percentage share of an expensive asset. Shares are sold to individual owners and a company manages the asset on behalf of the owners. Each owner pays a portion of the annual management fees and maintenance, relative to the percentage of ownership through monthly/annual fees and the income from the rentals are usually split between the management company and shareholder.
Feel free to contact us for more info at:
[email protected] or visit us at our sales offices located on the ground floor of Freesouls Restaurant on Cerritos Beach.
Sharing with music a virtual drone flight of our Residences on Cerritos beach at sunset.
Pre-sales available now, more info at [email protected] or at our Freesouls Cerritos restaurant 🍹
