What is Fractional Ownership?

"the practice of dividing an expensive asset into percentage shares and selling those shares to individual owners. A fractional share gives an owner certain privileges, such as a number of hours, days, or weeks of using the asset, and may also offer a share of income from the asset. Typically, a company manages the asset on behalf of the owner, and owners pay fixed fees for the management in addition to variable (per-hour/per-day, etc.) fees for use. For rapidly-depreciating assets, the management company may sell the asset after a fixed number of years and distribute the proceeds back to the owners (who can then register a capital loss and purchase a fraction of a new asset if they wish)."  Get Details

The benefits:

The prime advantage of fractional ownership is cost-you purchase an interest in an asset for a fraction of the price you would have to pay to buy the same asset outright. There are other benefits as well, including:

• You can usually sell or transfer your fractional ownership interest.
• You and other fractional owners determine the function of the club or management company.
• You have no maintenance worries, since, with most companies who use the concept for managing assets, e.g. property, supercars, jets, yachts and handbags, all this is done for you as part of the service.
• Fractional ownership gives you your lifestyle when you want it, particularly if you are the sort of person whose business and leisure time is always precious.

It's a lifestyle decision.

If the advantages of fractional ownership appeal to you in your situation, click on the Fractional Life category sections to see what opportunities there are in each sector.

As with all investments, be sure to research your potential purchase thoroughly before you commit and definitely check out all of the information that Fractional Life has within each sector.

Housebank brings you the best in fractional ownership and other joint ownership schemes.

An international property portfolio is within everyone's grasp with our "pocket money properties" right the way through to designer living in the World's top cities - your choice.

Traditional markets, emerging markets, short haul and long haul. You don't need to spend all the time, effort and money involved in searching out and checking different properties and assets as we will provide you with ready researched opportunities for you to buy into.

We currently have opportunities in many areas around the world.

Articles

Fraction Ownership:
Are You A Fractional Lifer?
Life is all about living
Sharing in the dream
Transumerism- the luxury lifestyle revolution.
All My Possessions
Fractional Ownership v Timeshare
Turn the Pound into your Dollar advantage
What is Fractional Ownership?
Our Top 10 Favourite Fractional Life Deals
Fractional Business Sense

Aircraft & Jets:
How Private Aviation Works
Joining the Jet Set

Art:
Fractional art donations prove charity starts at home

Boats & Yachts:
Fractionalize This

Classic Cars:
Fractional Life hits Le Mans
You've Always Loved Cars?
Why not rent?
Getting the most out of your fractional car club experience
Classic Car Club Feature

Corporate Hospitality:
So Long to the Suite Life

Destination Clubs:
Bear Mountain Resort - A View from Paradise
Fractional Ownership: Why the Boomers will change second home ownership in the US
I'd Rather Be Safe with a Fractional Residence...
Destination & Private Residence Clubs
Middle East Leisure Real Estate Market Booming

Handbags:
Swap a Fendi for a Furla

Helicopters:
Flying without Wings

Properties:
Fractional Ownership: Why the Boomers will change second home ownership in the US
The Benefits of Fractional Ownership in Private Residence Clubs
Why Fractional Property?
Keep The Door Open
Fractional Ownership? We'll have a piece
Middle East Leisure Real Estate Market Booming

Racehorses:
Running Down a Dream
A Horse by The Name of Fractional Life

Supercars:
Ascari Racing Festival Weekend
Fractional Life hits Le Mans
So Why Not Buy?
Supercars- The cars of 2006/7
Let's Take The Lamborghini

Vineyards & Wine:
Fractional Vineyards and Wine