“65 percent of our overseas investors have expressed interest in fractional investments this year.” This is according to Aidan Rankin, an economic analyst for Property Frontiers, a UK-based international property and eco-investment advisory services company.
In a recent article in Fractional Life, Rankin notes that the 65 percent figure is almost double last year’s,"showing that the property market is reinventing itself or shape-shifting in ways that are varied and (in the best sense of the word) interesting."
What’s also interesting to note is that a growing number of investors and buyers seem to be recognizing fractional real estate as a viable alternative for investing in real estate at a time when economic uncertainty still lingers. When it comes to second homes and vacation properties especially, fractional real estate is appealing since buyers won’t find themselves in a position of buying a whole ownership property—only to let it sit idle for the majority of the year. The beauty of fractional ownership (and we at The Elan Collection can’t say this enough) is that they only buy what they will use.
Do you think Rankin’s comments are in any way indicative of what’s happening on U.S. shores? Do you think fractional real estate for vacation homes will gain traction as an economic trend in the coming years?
Absolutely. Fractional just makes sense; products that are based upon logical decisions vs. marketing hype have legs and staying power.
ReplyDeleteFractional is a wonderful product in an economic environment where many want the same lifestyle as before, but at a more sensible price level.
Thanks for your response. We agree completely. In fact, we call it "smart vacationing." Are you based in Cabo?
ReplyDelete