Fractional Property Timeshare Timeshare News

Fractional Property News

Just Launched: Fractional Specialists Barrasford & Bird Pre-release a New Development for Early Bird Buyers: 24 Off-plan Apartments on the Devon Coast

Following the success of their fractional developments in some of the world’s most scenic locations – the Greek Island of Samos, Spain, Italy, France, Bulgaria, Cornwall and the Caribbean among them - fractional property agents Barrasford & Bird have just this week released 24 new apartments in a coastal setting in North Devon, now available to early birds.

This time the location is the beach community of Westward Ho! near Bideford, twenty minutes from Barnstaple. The two-, and three-bedroom executive apartments are 50m from Westward Ho! beach and some of the three-bedroom properties will be available as duplexes, on two floors with a mezzanine area above.

Robin Barrasford, managing director of Barrasford & Bird Worldwide, told GoFractional.org this week: "Westward Ho! is a bustling and vibrant coastal community that thrives on tourism. The area is receiving extensive investment aimed at boosting an already profitable tourism industry, creating a unique opportunity to purchase property at an affordable price whilst benefitting from increasing tourism over the coming years.”

More information at www.gofractional.org

Post date: Wednesday, 11 Aug 2010

Timeshare and Fractional Ownership Spotlight: A Slice of Paradise

What makes a good idea great? Some are sparked by necessity, others take off when the time is right, and the best ideas in the holiday industry are based on meeting – preferably exceeding – the needs of the consumer.

Not so long ago we all lived and breathed “a place in the sun.” We were busy buying villas in Vilamoura, doing up farmhouses in the Dordogne, transforming derelict barns in scenic locations into rustic-chic holiday homes. But grey economic clouds started hovering overhead and turned a threatening shade of charcoal. Suddenly, the idea of pouring money into “grand designs” or saddling oneself with a second home mortgage for a place likely to lie empty (pelted by French winter rain) felt a bit burdensome.

Fast-forward to 2010. As the sun breaks through those clouds, property bargains abound and a taste of the good life beckons in emerging, untapped destinations. And in Europe, an American holiday concept over 30 years old is coming of age: timeshare and its younger relative fractional ownership - both immensely popular in the US and ingrained in the American lifestyle - are enjoying a renaissance this side of the pond.

Post date: Monday, 7 Jun 2010

Fractional Ownership: Now Bulgaria Joins Development

Fractional ownership is set to be introduced in Bulgaria, with property consultants OOD (BPC) planning to launch a product in the eastern European country.

The organisation has come up with a new business system which calculates the viability and effectiveness of a fractional ownership club system, meaning it can offer tailor-made applications that can match up with any specific project, Fractional Life has reported.

Post date: Thursday, 21 Jan 2010

Fine & Country Plans to Bring Fractional Ownership into the Mainstream Estate Agency Business

Fine & Country is set to launch a fractional sales unit over its 350 licensed affiliates throughout the UK and Europe, the Middle East and Africa.

Richard Combellack, head of Fine & Country International, told Fractional Life that the new side of the business has been approved by the board and the steering committee is happy for it to launch as well.

Post date: Tuesday, 19 Jan 2010

Interest in Flexjet Fractional Ownership Rises

Bombardier has said that rising interest in its Flexjet fractional ownership and jet card business is down to the increasingly difficult nature of flying.

Bob Knebel, vice-president of sales and marketing for Flexjet, pointed to recent security issues and the hubbub of the Christmas and new year period.

This has helped garner interest in the fractional ownership flying option, he explained, and this will be sustained if these issues remain.

Post date: Wednesday, 13 Jan 2010

Fractional Life: More Timeshare Firms to Offer Fractional Ownership

Traditional timeshare companies are set to widen their purchasing options with fractional ownership products, it has been predicted.

Post date: Monday, 11 Jan 2010

Early Bird Ticket Sales for Fractional Summit 2010 Rise by 60%

Early bird ticket sales for Fractional Summit 2010 have risen by 60 per cent based on the comparable period prior to this year's event.

Fractional Life has announced the sales increase for the conference, which will be taking place from February 18th to 19th.

The two-day event will be hosted by the Grosvenor Marriott Hotel in London, with delegates able to gain an insight into fractional property.

Post date: Friday, 18 Dec 2009

The Registry Collection Named as Headline Sponsor for The Fractional Summit 2010

The Registry Collection® exchange programme, the world’s largest luxury exchange programme, will be the headline sponsor of the Fractional Summit 2010 for the third consecutive year. The continued support of the event from The Registry Collection programme follows the success of the 2009 Summit and reflects the value of this international forum to the fractional trade market.

The two-day event, taking place on 18 and 19 February, 2010, at the Marriott London, Grosvenor Square, offers the unique opportunity for developers to meet key fractional real estate industry professionals from around the globe under one roof. The fractional model has helped in boosting the sales of luxury properties in today’s challenging economic climate. This year’s conference theme “Changing Times, Changing Markets,” together with its subject matter debates, is designed to help developers capitalise on the strengths of the fractional product and grow their businesses. Developers who are new to the fractional concept will also appreciate an introduction to the industry during the event.

Post date: Monday, 14 Dec 2009

Missouri Branson's Nantucket Fractional Ownership 'The Place to Be'

People looking for a piece of paradise on their next holiday should consider fractional ownership at Branson's Nantucket in Missouri, it has been said.

The American holiday properties offer numerous benefits and allow travellers to become fractional owners at a great price, explains operations director Geoff Petter.

Post date: Monday, 2 Nov 2009

Timeshare Deals 'Increasingly Affordable'

Timeshare ownership schemes in luxury destinations are becoming increasingly affordable, it has been claimed.

According to the Daily Mail, deals in elite destinations such St Lucia and the Maldives are available, while properties have also been launched this year in Italy, Portugal, France and Spain as developers look for new ways to sell high-end holiday homes.

Post date: Friday, 30 Oct 2009

Fractional Ownership Set To Become 'More Popular'

Global fractional ownership will become far more popular over the next few years, it has been said.

Over the next five years alone, fractional properties are expected to outsell whole ownership, according to the vice president of business development at the EMEA for exchange network The Registry Connection Nick Turner.

Post date: Friday, 30 Oct 2009

RCI The Registry Collection Adds Three New Thailand Resorts to Portfolio

The Registry Collection® exchange program, the world’s largest luxury exchange program and one of the Wyndham Worldwide family of brands (NYSE: WYN), today announced the addition of three private residence clubs to its worldwide network.

Each of the three private residence clubs developed by Raimon Land are located in Thailand and have been added through the IFA Collection, providing members with full access to the IFA network as well as The Registry Collection program.

Post date: Monday, 12 Oct 2009

Tonopalo Sells Out of Fractional Ownership Properties

A residence club in North Lake Tahoe named Tonopalo has sold out with 1/7th chapter fractional ownerships bought from $350,000 (£218,695) to $850,000 (£531,117).

Opened in 2003, the resort is managed by ResortCom Elite and is a 19-unit luxury private residence club.

Post date: Thursday, 1 Oct 2009

Bermuda Reefs Club Gets Rave Reviews

The Reefs Club is now open and has received positive reviews from people who have experienced the resort.

Steve Comeau, an owner at the Reefs Club who recently spent time there holidaying, said that it offers the best services from a 5-star hotel along with the space and amenities of an attractive new home, without a lot of trouble.

Post date: Monday, 24 Aug 2009

Who Lets the Dogs In? Magnolia

Magnolia Private Residence Club in the Florida Panhandle has implemented a dog-friendly policy, with small to midsize dogs welcome at the property.

Management at the club felt it was sensible to go against the grain and let such canines on the site, something that private residence clubs typically do not allow.

Post date: Wednesday, 13 May 2009

London Hosts World Forum on Fractional Ownership

A World Forum on Fractional Ownership has been held in London and was sold out, it has emerged.

According to the organisers Fractional Life, the event was so popular because fractional ownership is the hottest new trend in real estate, delegates coming from across the world to pick up some market tips from industry professionals.

Post date: Thursday, 30 Apr 2009

Fractional Ownership Body FSOTA Joins Newly Renamed RDO

The Fractional and Shared Ownership Trade Association (FSOTA) has become a member of the trade body for vacation ownership, Resort Development Organisation (RDO).

Post date: Tuesday, 21 Apr 2009

Curvelle Announces New Fractional Ownership Luxury Yacht

Curvelle has spoken out about its new luxury yacht - the 33X9. Fractional ownership specialist Curvelle has unveiled details on one of its new vessels - the 33X9. Work on the 33-metre motor yacht is set to begin this year at the prize-winning Cheoy Lee Shipyard and it has been designed by Incat Crowther Naval Architects with help from superyacht and motor catamaran experts.

Post date: Wednesday, 11 Feb 2009

Little Nell Fractional Ownership Properties Open in Aspen

The Residences at the Little Nell (RLN) has been opened and the fractional ownership project is situated at the base of Aspen Mountain. Fractional ownership buyers will be able to enjoy a number of amenities at the resort, such as a health centre, a rooftop pool, direct ski-in and ski-out access as well as 24-hour maid and concierge services.

Post date: Tuesday, 10 Feb 2009

Magnolia Private Residence Club Opens

Magnolia Private Residence Club, a fractional ownership vacation property, has been officially opened on Florida's Emerald Coast. The property features 17 residences with 3 bedrooms as well as a media and activity room, a concierge service and a fitness centre with a sauna and massage room.

Post date: Friday, 6 Feb 2009

Bermuda’s Newest Fractional Ownership Property: The Reefs Club

Widely renowned for its hospitality, turquoise-colored water, and pink-sand beaches, Bermuda is one of the most accessible island destinations. The ideal location and climate render Bermuda a logical second home destination, but for years real estate has been virtually unattainable for foreigners. The recent advent of fractional ownership, however, is finally attracting greater numbers of foreign buyers. Fractionally priced, affordable luxury offers a rare ownership opportunity.

Post date: Friday, 6 Feb 2009

Registry Collection Announces New Provence Fractional Property

The biggest luxury exchange programme in the world has announced a new affiliation with Avenio Prieure, thereby adding three new French properties to its portfolio. As part of the Wyndham Worldwide family of brands, the Registry Collection will see new properties in Provence.

Post date: Monday, 2 Feb 2009