Italy, along with much of Europe, is embracing Fractional Ownership property. Developers see this as a new alternative to the traditional model of build & sell, and also find that there is much more interest from buyers because of the additional services provided which are so important for Fractional Ownership to be successful.
Italian property lends itself to Fractional Ownership in two ways. Firstly, there are numerous high-value properties on the market which only appeal to a few very affluent individuals. With Fractional Ownership you can buy into a whole property on a shared basis, and have exclusive weeks at a luxury property depending on the number of shares you own.
Secondly there are resorts with lots of facilities such as golf, wine-tasting, 24-hour concierge, pools, tennis, with a property on the Pinelli Estate you even have access to a yatch!
Guide to Buying Fractional Ownership Property in Italy
As with buying anything, care should be taken that you fully understand what you are buying and the terms of your purchase.
Read more about buying Fractional or Collective Ownership here.
Here at Realpoint we have explored the various Fractional Property offerings and have concluded that one stands out amongst the rest - the Pinelli Estate; read more about this