{"id":375,"date":"2022-07-07T00:16:04","date_gmt":"2022-07-06T14:16:04","guid":{"rendered":"https:\/\/ko.homes\/?p=375"},"modified":"2022-12-30T08:28:07","modified_gmt":"2022-12-29T22:28:07","slug":"5-benefits-of-co-owning-a-luxury-property-through-fractional-ownership","status":"publish","type":"post","link":"https:\/\/ko.homes\/5-benefits-of-co-owning-a-luxury-property-through-fractional-ownership\/","title":{"rendered":"5 Benefits of Co-owning a Luxury Property Through Fractional Ownership"},"content":{"rendered":"\n
Many of us dream of owning a luxurious holiday home<\/a> in a desirable destination to visit at our leisure. However, we often hesitate at the realisation that owning another home can be costly and hard to maintain, particularly when it sits empty for the majority of the year.<\/p>\n\n\n\n Fractional ownership (or co-ownership<\/a>) offers an innovative solution to this dilemma, allowing you to own a share of a luxury home for just a fraction of the cost. The best part is, you\u2019re welcome to use your high-end holiday home as you please for a portion of the year that is equivalent to your ownership. Holiday homeowners can reap the benefits of this model too, by selling shares in their existing second homes.<\/p>\n\n\n\n At K\u014d, we\u2019re excited to be one of the first to introduce fractional ownership to the APAC region, by offering our buyers and sellers a fully managed and stress-free experience.<\/p>\n\n\n\n In this article, we explore 5 ways the game-changing fractional ownership model is removing the hassle from holiday homeownership. <\/p>\n\n\n\n Living in luxury isn\u2019t often synonymous with low-cost but with fractional ownership, you can gain equity in a luxury holiday home at a fraction of the price. Co-owners are able to use the holiday home for a portion of the year equivalent to their ownership of the home, enjoying a lavish getaway at a much lower entry point. Buyers can also take advantage of this lower entry point to free up more cash to spend on creating lasting memories in their new personal destination.<\/p>\n\n\n\n Buyers aren\u2019t the only ones to attain value in the co-ownership model, with holiday homeowners also benefitting from selling fractional ownership in their homes.<\/p>\n\n\n\n It\u2019s no secret that owning an otherwise vacant holiday home can be a costly drain on the wallet and stressful to manage. However, our holiday homes are often at the centre of some of our fondest memories, and for this reason it can be difficult to sell up completely or open your home to a revolving door of short-term renters.<\/p>\n\n\n\n With fractional ownership, you can sell shares of your home to co-owners who will also have a stake in the property, meaning you can be assured your home will be treated with the care and respect it deserves. You can explore all the benefits of selling shares in your holiday home and how K\u014d can help to simplify the process here<\/a>.<\/p>\n\n\n\n Co-owners in a fractional ownership model are offered a much more flexible solution to holiday homeownership, with the ability to choose their ideal number of shares.\u00a0 A co-owner\u2019s percentage of ownership directly correlates to their usage rights, ensuring they receive exactly what they pay for. <\/p>\n\n\n\n Usage times are also made more flexible than ever with K\u014d\u2019s innovative booking engine, meaning you can schedule your vacation on your own terms. Simply use our platform to allocate the times you wish to use your luxury home, and we will take care of the rest. With all of the flexibility and control of a true owner, K\u014d-owners experience all of the rights of a holiday homeowner, minus the responsibilities. Learn more about how enjoying your K\u014d home works here, or how K\u014d is revolutionising typical holiday accommodation models such as timeshares here.<\/p>\n\n\n\n K\u014d is there to support you every step of your fractional ownership experience, with the entire process managed via our end-to-end digital platform. Once you have found your perfect match by browsing the high-end holiday homes on our website, we help to finalise your purchase. The home can also remain under our diligent management if all parties agree, giving you peace of mind in knowing all administration tasks are taken care of.<\/p>\n\n\n\n5 Benefits of Fractional Ownership<\/h2>\n\n\n\n
1. Lower Entry Points for Buyers<\/h3>\n\n\n\n
2. Less Hassle & Financial Gains for Existing Property Owners<\/h3>\n\n\n\n
3. Flexible usage rights<\/h3>\n\n\n\n
4. No Hassles with a Fully Managed Experience<\/h3>\n\n\n\n