Fractional ownership is based around the concept of shared ownership; in essence, you share the property with a number of other owners, giving you ownership rights in the property. In simple terms, you buy a 'fraction' of the property, or a 'share' of the asset, and an entitlement to use it for the corresponding fraction of time.
The property is located in a prime resort location and combines the convenience and comfort of owning your own luxury holiday home with benefits normally associated with a 5 star hotel.
What fundamentally differentiates fractional ownership from timeshare is theelement of true ownership of the underlying assets.
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