Fractional ownership gives a new opportunity for investors by dividing the share of the property among a small
group of people, allowing you to reduce the cost required to purchase the villa and share the maintenance costs.
Your villa and the company that owns it, will be fully maintained by a property management
company and each year the shareholders will contribute to the expenses in maintaining the villa.
The shareholders can then stay at the villa on a pro-rata basis. Should the shareholder not wish to stay at the villa,
the property maintenance company will rent the villa and the rental income will go back into the company.
Now you have received your investment, we will take over the management of the villa
and the company and ensure everything is taken care of.
Each year will be the opportunity to plan when you would like to stay in your villa and the
maintenance will be calculated pro-rata for your shares and on the season rate.
Maintenance costs are based on actual costs so we will keep this as low as possible
to keep the villa in good condition.
Sellorate are experts in real estate and also has one of the largest agent networks in South East Asia. This allows us to market your villa to the right investors, in a highly professional manner, and successfully close your sale.
Absolutely – we would just adjust the amount of investors/shares that we would be marketing.
Not usually. A the beginning of the year, shareholders will reserve the time they want to stay on, on a pro-rata basis, and pay a maintenance fee for the period of stay, depending on the season. Should a shareholder not wish to stay at the villa, then they do not need to pay the maintenance fee and that vacancy will be rented out, with profit being returned to the company for management and maintenance. At the beginning of each year, the cycle repeats.
This is absolutely fine – As part of the shareholder agreement, you must first offer the shares to the current shareholders first, and if they do not want them, then you can find a purchaser, or we will help you market this through our website.
From the first meeting to the transfer of the shares will take 3 to 4 months, without any unforeseen delays.
Now! This is actually a great time to sell. Many international investors are looking for good investments as an ease on travel restrictions is about to ease.
The commission is in line with what you would normally pay a real estate agent to sell your villa.
For traditional single owner sales, there is a lot of supply in the market and with COVID travel restrictions, sales are very difficult. This is where fractionalization to include more shareholders with a lower investment level makes closing easier.
The best things is to get in contact with one of our advisors and arrange a meeting. We can then discuss your needs and give straight forward advice of whether your villa is suitable for this type of sale.