Fractional Ownership vs. Timesharing in BC Tag: fractional ownership
Posted by Karen Dinnie-Smyth on
Fractional ownership is a form of property ownership where several parties can divide the use and cost of a piece of real estate among them, usually for vacation purposes. Instead of buying a second home outright, you can own ¼, ⅛, or even 1/10 of a property.
Not too long ago, timeshares were the most common way to purchase time in a vacation home, but fractional real estate is gaining popularity around the world as an alternative option that provides stability and extra value.