Buy a sixth of a dream house by a dream price…starting only on 82.000,00 €!!
What is the BOM SUCESSO fractional freehold?
Fractional freehold is the shared ownership of an asset.
For the purpose of Bom Sucesso, the asset type is restricted to property and the freehold may be shared by 6 parties. It allows several unconnected buyers to combine their resources and collectively own a property.
Bom Sucesso has created LESS is MORE – the fractional ownership option. Owners benefit from potential asset appreciation through freehold ownership, while minimizing running costs in relation to usage of the property and benefiting from a professionally managed home and resort.
This means you get all the benefits associated with traditional ownership. Bom Sucesso properties in this scheme offer the same benefits as the outright properties of the resort. Same quality, same dream architects, same astonishing golf course, same luxury furniture, same high quality equipments, same five star services, the same of Bom Sucesso Design Resort.
The luxury villas available within this option were carefully selected among the best of the resort. The villas are fully furnished and equipped, with views to the golf course, a large plot and a fantastic swimming pool. This option is not available for townhouses.
All the benefits of traditional Freehold Home Ownership...but at a Fraction of the Cost
By owning a fraction of the equity a buyer is only committed to pay the same proportion of the annual costs. So, the owners of a sixth share can enjoy up to 9 weeks a year occupancy and only pay 1/6 (16,6%) of the total annual maintenance and administration costs.
Those who would like to test holiday home ownership before making a larger investment, will have more control than ever before, buying only what they use – and can still profit from it! This also means minimum effort for acquiring an asset with value whilst maintaining the freedom to choose the best - your vacation dream house.
This means value for money. Buy, use, save or sell…win/win
How does it work?
Each property is owned by a UK company. As a fractional freehold owner, you will own a defined proportion of the company and equally the underlying asset (your property).
Owning property in this way means that you own a defined share of the freehold of the property – the “bricks and mortar”.
Fractional freehold is sometimes confused with timeshare; however the fundamental difference between the two is that fractional freehold is true ownership, whereas timeshare is usually not. With fractional freehold the buyer is acquiring an asset, will gain from any appreciation in the property value and can sell his interest at market value anytime.
Three Year Buy Back guarantee
The concept of Less is More recognizes that many buyers may look for lower entry investments, though acquiring a luxury lifestyle in an affordable high quality home.
Nevertheless, in the future you might want to buy a villa outright.
No problem. We can make it happen!
If you choose to upgrade to a fully owned villa, after offering your fraction to your co-owners, BOM SUCESSO will guarantee to buy back your Less is More investment with a fixed 10% premium
increase on your original investment, within the first three years.
Then you can buy your ownership of a new dream house.
And even if you want to sell, which is unlikely, the Less is More documentation clearly sets out the procedure for selling your fraction – A valuable asset to sell on the open market.
Low effort I Freedom I Control I Rationalization I Value for Money
Less is More