The financial slow down in the housing market has resulted in the rise in investors considering purchasing property by way of fractional ownership. The Fractional Ownership Consultancy (FOC) has now been re branded as The Fractional Group in order to take advantage of the increased interest and to take the model deeper into Europe and across the world.
Based in new, luxury offices in Marbella, Spain and within FOC’s headquarters in Guernsey in the Channel Islands, The Fractional Group (www.thefractionalgroup.com) is the most comprehensive “one-stop shop” for shared ownership. Its team of real estate and investment professionals handle general questions, sales, financing, management, marketing and even furnishing issues.
The Fractional Ownership Consultancy (FOC) is the UK authority on shared ownership. For over nine years FOC has led the way in providing developers with the legal and administrative framework for selling and managing the most successful shared ownership products in Europe.
The Vigia Group’s Parque da Floresta in Western Algarve was the first to sell property in fractions supported by FOC knowhow. The Oceanico Group use FOC’s fractional structure on many of its resorts across Portugal using brand names like Stepping Stones and Prestige Fractional. Acordo adopted the FOC model for its ultra modern homes at Bom Sucesso and Barrasford & Bird have also adopted it for its new project in Samos. Today FOC’s fractional portfolio spans well known resorts in Spain, Portugal, Greece, Cyprus the US and the UK.
The Fractional Group (www.thefractionalgroup.com) is now offering an even wider range of exclusive, luxury properties built by some of Europe’s largest and most trusted developers. CEO of Fractional Ownership Consultancy Jerry Cobb says: “Clients as diverse as Taylor Woodrow Espãna and AquaPura in the Douro Valley show that The Fractional Group is dedicated to bringing the consumer the very best investment and leisure products in every price range. FOC’s unrivalled knowledge of the fractional property market and our sales pedigree is encouraging many more developers to sign up with us. Just watch this space.”
The first of many developments to be launched by The Fractional Group will be the Alhaurin Golf Resort on the Costa del Sol. Fractions start from just €25,000 for a 12th fraction (4 weeks use per year) and owners can play free golf at a variety of courses as part of the purchase. There is 100% financing available to purchasers subject to status.
For further information, please visit www.thefractionalgroup.com and www.fractional.net or contact: Kerry Clark, Tideway Communications, 020 8878 0787