Fractional Ownership implies the Syndication of a property or in other words co-owning
a holiday home.
Fractional ownership offers you the opportunity to buy partial ownership of a quality
and substantial holiday home in a first class resort area. It is the ideal vehicle
to acquire a share in something that would otherwise be out of reach.
The benefits of Fractional Ownership
Cost effectiveness - You only pay for what you use. Owning a holiday home outright
results in it costing you 100% yet you only have limited use thereof,
Affordability
- Leisure property has become very costly to acquire and maintain. Sharing these
costs makes financial sense,
Capital growth - You benefit directly from the growth
of the asset.
Mozambique, unlike South Africa, has a different method of ownership of property.
The developer holds the cession of lease on the land and once construction of the
home is completed, the cession of the lease is transferred into the name of the new
owner(s).
Go Wild Family Beach Resort offers 12 fractional shares per house. Each
share allows the purchaser access to 3 x 10 day breaks a year. The utilization of
these periods is set out in a fixed rotation schedule. The shareholders have exactly
equal segment and will occupy the home one full year over a 12 year period.
