According to experts, Fractional Ownership has exceptional  financial benefits, as owners are able to rent out their property anytime that do not want to use their property, so boosting their income. Also investors do not have to pay a whole years charges levied on a property that they only use for a few weeks of the year.

With Fractional Ownership, owners get around 4 – 12 weeks of time to use their property, more than most people get annual leave, so during the time they do not use their weeks, extra income can be generated for the owners.

Presently on offer in Fuerteventura,in the Canary Islands one bedroom bungalows for only €19,950 for a full 8 weeks use per annum.

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Ok, so you want a piece of paradise. Looking for somewhere to enjoy your holidays at,  invest in a holiday home or spend your retirement days gloating while all your friends shiver back in cold, damp UK?

Fuerteventura could be the answer to your dreams. Second largest of the Canary Islands, is situated in the Atlantic Ocean and measures 210km from end to end. Ok so that is the geographical blurb out of the way, now for the interesting bit!??

Fabulous white sandy beaches, year round sunshine, great for windsurfing and scuba diving or just chilling with a Sangria. What more could you wish for?

Don’t just take my word for it, check out spainonline.com for all the info you need before you pack your bags and escape!!

The refurbishment of Castillo Beach Sol Resort apartments continues at a cracking pace, currently working on all internal walkways, rewiring and plumbing, bringing them up to the standards of excellence expected in Fractional Ownership complexes.  However,  the new furniture is now in place at the showflat, offering you an opportunity to see what you will get in your new holiday home.

After the success of their Fractional Summit in 2009 which attracted 210 delegates from over 23 countries, they have shown they are able to bring together key decision makers within the industry. Building on this success, the value of the event is what you learn, who you meet and the business you do. In these difficult economic times, Europe’s fractional marketplace is now one of the world’s fastest growing areas of consumer real estate, with fractional property at its heart.

There are limited sponsorship and speaker opportunities. Contact info@fractionallife.com or call +44 (0)20 8340 7989 for more details.

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The holiday home market has been hit hard as a result of the credit crisis with the most of people buying  holiday homes requiring some bank funding to make their purchase. Take a large chunk of that funding availability away and it’s no surprise that a number of holiday home property sales go with it.

What has not diminished however is peoples’ desire to own a holiday home or developers desire to sell property, so in the grand tradition of ‘necessity being the mother of invention’ a new way has emerged for both parties to get what they want; a clear case of a ‘Win Win’ scenario in all aspects.

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Monach Airlines – From October 2009
Manchester – Wednesday and Saturday
Birmingham – Wednesday
Luton – Wednesday
Gatwick – Wednesday

Aer Lingus – From October 2009
Dublin – Saturday
Easyjet – November 2009
Liverpool – Monday, Wednesday and Saturday
Stansted – Wednesday and Saturday

Thomas Cook

Glasgow – Wednesday
Belfast – Saturday
Manchester – Wednesday and Saturday
Birmingham – Wednesday and Saturday
Cardiff – Wednesday
Newcastle – Wednesday and Saturday
East Midlands – Wednesday and Saturday
Stansted – Wednesday and Saturday
Gatwick – Wednesday and Saturday

Thomson
Birmingham – Wednesday
Bristol – Wednesday
East Midlands – Wednesday
Glasgow – Wednesday and Saturday
Gatwick – Wednesday and Saturday
Luton – Wednesday
Stansted – Wednesday and Saturday
Manchester – Wednesday and Saturday

Palmair
Bournemouth – Wednesday
Exeter – Wednesday

Click on any of the above links to check availability.

In a nutshell…. the best Fractional Ownership opportunity is the one that makes the most sense for you. Not everything will suit everyone.

Some of the questions that need answering before you go house hunting are the following;

What are you looking for in Fractional?

What is your budget? (Are there payment terms? Financing?)

What is the resale market like? (If you need to sell for any reason)

Will you travel frequently to the Resort? (How large of a fraction do you need?)

What are the monthly costs? (Maintenance fees, etc.)

Do you need to receive rental income when you are not at your property to offset fees?

How many weeks does each fraction represent?

Are there any additional fees? (Get it in writing)

How are the weeks allocated? (Each ownership typically translates into weeks, how are they distributed?)

Do you want something close to home? Some people prefer to use the fractional like a “cottage” and drive up when time allows. Others prefer the jet set lifestyle and prefer the exotic destinations.

Price is obviously important, but value is even more so. Make sure the purchase fits around your lifestyle rather than the reverse. If you end up with a fractional you never use, then the purchase becomes a straight investment rather than a holiday option.

Typically a Fractional purchase should not be your first choice for a straight investment, however it should tie-in as a fun lifestyle choice, or a way to offset high holiday costs.

Most fractional groups will handle the rentals of the unit and will keep a portion of the rent for administration etc. Make sure you are aware of what that percentage is as well.

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Francisco Canabal Lopez at the inauguration of the new AIP office on the Castillo Beach Sol Resort.
AIP is delighted to announce that their new office In Fuerteventura will be open as of Monday 17th August 2009.
AIP will be happy to help with any queries that you may have with regards to Fractional Ownership at the prestigeous Castillo Beach Sol Resort.
You can telephone us at the office on (00 34) 928 163 087, or you can email at info@aip-propertygroup.com

If you would like to visit the resort personally, the address is: Complejo Castillo Beach Sol, Calle Espino, Urb Caleta de Fuste, Antigua, 35610, Fuerteventura

Francisco Canabal Lopez, President of Grupo de Empresas Canabal who are the owners of Castillo Beach Resort stated that he is delighted to be working with the AIP Group and excitied to be launching Fractional Ownership at his development.

The Castillo Beach complex in Fuerteventura is close to the Playa del Castillo, the marina and a fantastic Thalassotherapy centre. Also close by is the Fuerteventura Golf Club which boasts 18 holes.
The link bungalows are 1 bedroom and have a fully equipped kitchen, bathroom and private terrace. They are also fully furnished. Maximum occupancy is 4 people.

1/8th Share is € 19,975
Reservation Fee – € 2,000
On signing the contract – € 6,536.88
Completion December 2009 – € 11,438.12

To ensure that you get the best exchange rate possible we have set up an agreement with Moneycorp for all payments, the initial reservation fee can be made easily from a credit card.

Atlantis Investment Property is delighted to announce that they will be opening an office on site at Castillo Beach, Fuerteventura,  in August 2009.

Our sales team are on hand to discuss all aspects of Fractional Ownership and will be able to show you around the resort while it undergoes its current intensive refurbishment.

Properties at Castillo Beach Resort are available for €19,975 for 1/8th share, giving the owners 6 weeks usage of the property.

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