What is Fractional ownership? Fractional ownership is a simple concept; in traditional ownership you buy an entire property. In fractional ownership you buy a part of a property. It’s that simple.

The biggest advantage with fractional ownership is that you don’t have to come up with all the financing. As you are buying a part of a property you only need to come up with a part of the financing.

Fractional ownership is great for a ‘pied-a-terre,’ when you won’t be living in the property year round and as an investment. For example, Paris is one of the few places in France where property prices are still rising (December 2008). Meaning fractional ownership can let you get into the Paris market if you don’t have enough to buy a property outright.

Where fractional ownership isn’t so great, is when you are looking for a property to live in. As you don’t own all the property you can’t of course, live there fulltime.

Fractional ownership can have different structures, one that’s common is when a property is bought a company is formed and you buy a share of the company, that is effect your share of the property. This way all partners share the costs of running the property and can arrange when a property will be used and by whom.

Here are two fractional ownership apartments for sale in Paris:
Residence Jardin Luxembourg
7 rue Malher

Related Article:
Fractional Ownership in Paris: Small Cost, Big Benefits