Atlantis Investment Property Blog

The 24th Windsurfing and Kiteboarding World Cup will be held in Fuerteventura, one of the Canary Island, from July 17 to August 1.

The windsurfing includes slalom and freestyle disciplines, and the kiteboarders will compete in freestyle discipline, there also will be a kiteloop competition.

Both windsurfers and kiteboarders will compete in freestyle events in which judges awards points for spectacular leaps and breathtaking manoeuvres.

The Competition is to be held close to the beach so spectators can have excellent views of the action as contact between competitors and spectators is encouraged as the extreme scompetitors enjoy the attention whilst preparing.

Spectators can chill on the beach with and listen music whilst watching the events in the lounge area. At night, thousands of visitors and locals get together at the legendary World Cup Parties in the party tent, then at the award ceremony.

The competitions start daily between 10 am and around 6 pm. Evening events and parties start from 9 pm.

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The low cost airline Easyjet have announced that they will commence flights to Fuerteventura from the 4^th November 2009.

Presently the schedule runs at Stansted – Wednesdays and Saturdays. From Liverpool Mondays, Wednesdays and Saturdays and from Madrid on Mondays, Wednesdays, Fridays as well as the weekends.

This is good news as the problems with Ryanair ceasing to fly into Fuerteventura, there is at least one budget airline that can get you into the Canary Islands.

It is rumoured that Ryanair will start flights to Fuerteventura in September, but this has yet to be confirmed.

Really cheap prices….

The latest big thing in the property market, according to Currencies Direct, would appear to be  “fractional ownership.” For those of you still out of the loop, fractional property ownership is the division of the title or deed of a property into portions or shares.

This is not the same as timeshare, where you buy time in a particular holiday resort and the use of that property for a specific number of weeks. The big difference with fractional ownership is that the buyer owns part of the property, which is then shown in the title deeds, rather than units of time in a timeshare deal. With fractional ownership you are free to sell or rent out the property whenever you like.

Fractional ownership has been a huge hit in America for nearly 20 years and now is catching on in other parts of the world . There can be any number of owners in a fractional ownership deal – the more owners, the lower the price of your share will be.

To read this article in full, click here:

April 2009 saw the second Fractional Ownership Summit,  Europe’s Fractional Ownership Property Conference. The event was sold out as this is being talked about as the latest new trend in real estate.

Held at the Hilton Metropole and organised by Fractional Life, The conference was seen as hugely successful and several of the guests and speakers are considered to be  the current trend setters within the market.

Piers Brown, Founder of Fractional Life who chaired the event was quoted as saying ,” Fractional Summit has got stronger. The appetite for fractional ownership in Europe is now well and truly here”.

Buying a second property may seem like a dream you once had  during these difficult financial times, however, Fractional Ownership is making these dreams a reality and the industry is going from strength to strength.

Worldwide, fractional ownership is worth around 1.2 billion sterling and, particularly in Europe, the number of fractional ownership projects has gone from 60 to more than 90 in the last year alone. It is being marketed as a fantastic opportunity to own a second home without the usual financial burdens.
Fractional ownership has increased in spite of the drop in the property markets worldwide. Developers are working hard to shift their properties and fractional ownership is an easy way to package a property sale. Piers Brown, spokesman for the Fractional and Shared Ownership Trade Association, says: “With the lack of finance available on whole ownership, the developers think that fractional is the answer to their prayers. It lowers the price point and opens up the marketplace.”

To read this article in full, please click here:

Fractional ownership is a way of dividing any asset into shares. In the case of property, the title or deed can be legally divided into shares.

Shares can be purchased and owned by more than one individual. The reason for this can vary. The two main reasons are to allow transfer of shares without the need to make changes on the deeds of the property, and for tax benefits.

Shared ownership of a property entitles shareholders to usage rights, in the form of weeks. Fractional Ownership is not the same as Timeshare.

Fractional Ownership gives much of the freedom and benefits offered in timeshare, but the big fundamental difference with fractional ownership is that the purchaser owns part of the title (as opposed to just units of “time”). Therefore, as the property appreciates in value, then so do the shares. As with owning a whole property, fractional owners can sell whenever they want to, and releasing the capital growth from their investment.