Myrtle Beach Fractional Ownership

Fractional Ownership

The new way to buy your dream vacation home

If you want to own a home or condo in Myrtle Beach, but can't justify the expense because you can only use it a few weeks out of the year, fractional ownership may be just what you're looking for.

Family members and friends often join forces to buy a vacation home, and fractional ownership was formerly offered as an alternative in 1994. It allows individuals to buy partial ownership in a top quality resort with each owner having an equal number of days to use the unit throughout the year. This type of ownership traditionally does not allow owners to rent out their weeks, although there are occasional exceptions, if all the owners were agreeable.

The cost of the property or unit is split between the parties, as well as maintenance or HOA fees, and upkeep of the pool and other amenities.

Million-dollar homes ... for a fraction of the price (From CNN MONEY)

Fractional-ownership is a fast-growing segment of the vacation-home segment. Is it for you?
By Les Christie, CNNMoney.com staff writer
June 23, 2006: 11:57 AM EDT NEW YORK (CNNMoney.com) -

How would you like a big, luxurious vacation home in a beautiful resort for just a tenth of the going rate? Sounds good, right?

The catch is that you only get to use it a fraction of the time.
$225,000 for a 1/12 "fraction" at the Ritz-Carlton club in St. Thomas.
For a rapidly increasing number of Americans, "fractional-ownership" is a perfect trade-off.

Owners get a beautiful, high-quality house, in a fantastic location, with great services and amenities and a carefree vacation lifestyle for 10 percent or 15 percent of what they would have to pay to buy the house on their own. The costs of buying and running these often expensive properties is shared by a number of people and the homes, instead of sitting idle most of the time, are nearly always being used.
MORE FROM CNN MONEY...

Fractional ownership offers a great opportunity for everyone to enjoy the luxury of owning a vacation home. If you are interested in more information about fractionals in Myrtle Beach, please fill out the form below and we'll be happy to talk to you out what Myrtle Beach has to offer! Also, see our page on Dunes Village Fractionals!

Dunes Village is one of the finest resorts in Myrtle Beach, and begins at $39.900. Feel free to call us toll-free at 1-877-839-0005 if you prefer.

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Fractional Ownership

The new way to buy your dream vacation home

Privacy Policy

Myrtle Beach Real Estate