Buying a Period House in Normandy with Fractional Ownership
Buying a Period House in Normandy with Fractional Ownership: The Solution for Owning a Second Home Without the Hassle
For many people, owning a second home is a dream. But the reality is that owning a second home can be expensive and time-consuming. There are the costs of maintenance, repairs, and taxes. And then there’s the hassle of managing the property when you’re not there.
Fractional ownership is a solution that offers the best of both worlds. With fractional ownership, you can own a share of a second home with other people; usually the property is divided into eight shares, so 1/8th means 1.5 months/year of use (or 6 weeks), but you can buy up to half the fractional ownership property). This means that you can also share the costs and the hassle. And you can still enjoy the benefits of owning a second home, such as relaxing and enjoying your vacation without worrying about anything.
In this blog post, we’ll discuss the benefits of fractional ownership and how it can help you own a period house in Normandy. We’ll also provide some tips for finding the right fractional ownership property for you.
At the moment we have a superb “maison bourgeoise” for only 102,000€ a share. Included are all the costs, stamp duty, renovation/furniture as well as the build of a heated swimming pool and Petanque court.
What is Fractional Ownership for second homes?
Fractional ownership is a type of property ownership where you own a share of a larger property. This means that you share the costs and the benefits of ownership with other people. Fractional ownership is often used for holiday homes, but it can also be used for other types of properties, such as apartments and condos.
There are many benefits to fractional ownership. First, it is a more affordable way to own a second home as you can divide the purchase price by eight. Second, it can reduce the amount of maintenance and management that you have to do. Third, it can give allows you to also divide all the service charges, utilities of that second home.
French Fractional Ownership Properties
Normandy is a beautiful region in France with a rich history and culture. It’s also a popular tourist destination, with visitors drawn to its stunning beaches, charming villages, and world-famous food. We have properties in all regions in France, check our website.
If you’re interested in fractional ownership, Normandy is a great place to look. There are many beautiful period houses in Normandy that are available for fractional ownership. And because Normandy is such a popular tourist destination, you’re sure to find a property that you’ll love. These properties in Normandy tend to sell quickly as there is a huge demand from the Paris crowd, looking for a second home within two hours drive, ideal for weekends.
Co-Ownership-Property is a website that markets properties all over France and Spain. They offer a wide variety of fractional ownership properties, including period houses in Normandy.
Tips for Finding the Right Fractional Ownership Property
If you’re thinking about buying a fractional ownership property in Normandy, here are a few tips to help you find the right property for you:
- Start by defining your needs. What are you looking for in a second home? How often do you plan to use it? How many people will be using it?
- Do your research. There are many different fractional ownership properties in Normandy. Some are right on the coast; others are more inland and as far as one hour from the beaches. The most expensive are in the Deauville area, near the beaches. Some will have a big plot of land others a smaller garden. A swimming pool, heated or not, also adds value.
- Visit the property. Once you’ve found a few properties that you’re interested in, be sure to visit them in person or with a virtual visit. Contact us to organise it. This will give you a chance to see the property for yourself.
Fractional ownership is a great way to own a second home without the hassle. If you’re dreaming of owning a period house in Normandy, fractional ownership is a great option to consider.
With a little planning and research, you can find the right fractional ownership property for you. So what are you waiting for? Start your search today!
Visit Co-Ownership-Property to learn more about fractional ownership properties in France and Spain.