Europe
The Fractional and Shared Ownership Trade Association (FSOTA) believes that the new timeshare “directive” passed by the European Union will apply to most fractional developments. It will affect both fractionals located in EU countries and fractionals in other parts of the world being marketed to EU citizens. The main provisions of the new Directive can…
An article in the U.K.’s Daily Mail, called “Slice of luxury: ‘Fractional’ holiday homes are the affordable way forward if you seek the high life”, highlights a bunch of fractional offerings in Europe. Properties include: Palheiro Village (Madeira Island, Portugal) Halcyon Hills (Samoa, Greece) Pine Cliff Resort (Algarve, Portugal) And also check out Tregrenna Barns…
September 2018 Update: Paris Residence Club is no longer an active business. Paris fractional ownership is still available, with a few apartments offered each year by brokers based in Paris. Equity Estates and Inspirato both have Paris destinations as vacation ownership options. Original Article Are you dreaming of fractional ownership in Europe? Paris Residence Club…
A recent article on the British website Telegraph.co.uk called “Fractional Ownership: A Property Portfolio for All Seasons?” gives an overview of fractional ownership from a European perspective. It mentions several European-based fractionals and destination clubs, including: The Hideaways Club (European destination club) Bom Successo (fractional project in Portugal) Rocksure Property Portfolio (fractional ownership of a…
NetJets Europe, the largest business jet operator in Europe, today announced that it is bringing forward the delivery of new aircraft to meet rising customer demand. The company has worked with its manufacturing partners to ensure that 39 new aircraft with a market value of more than $715 million will be delivered ahead of the…