Fractional Ownership Comes to Spain

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UK House builder Taylor Woodrow de España has teamed up with The Fractional Ownership Consultancy to offer fractional freehold ownership across its portfolio of 16 resorts throughout Spain. The breakthrough signing will offer a wide range of apartments on a fractional basis at a starting price of Euro 79,000 for a quarter share.

UK House builder Taylor Woodrow de España has teamed up with The Fractional Ownership Consultancy to offer fractional freehold ownership across its portfolio of 16 resorts throughout Spain. The breakthrough signing will offer a wide range of apartments on a fractional basis at a starting price of Euro 79,000 for a quarter share.

Initially, FOC will roll out its unique fractional ownership system on two Taylor Woodrow developments, both of which are built around the Los Arqueros Golf Course situated only 10 minutes from Marbella.

Las Encinas de los Arqueros residential complex is surrounded by a prestigious 27 hole golf course. It comprises 2 and 3 bedroom apartments and is in the layout of a Mediterranean village, facing south-east with magnificent terraces and views to the golf club and sea. It will have a swimming pool, communal gardens and external parking spaces.

Los Robles de los Arqueros is a residential complex with an Andalusian flavour on one of the best golf courses on the Costa del Sol. It comprises 2 and 3 bedroom apartments with luxury finishes and generous and sunny terraces with great views of the sunsets in Andalusia. The properties face south and south-west with magnificent terraces and gardens orientated towards the golf course and the sea.

Los Arqueros Golf Course is just a short drive from the international airports of Málaga and Gibraltar, and only 10 minutes from Marbella. It was the first golf course to be designed by Severiano Ballesteros. As the designer himself says, Los Arqueros is a good course for players of all kinds - a reasonable challenge for the average golfer and a tough test for professionals.

Les Milton, Chairman of FOC: "When thinking about an overseas property purchase many people consider top quality golf a priority. The opportunity to acquire a fraction of the freehold of one of these stunning apartments will appeal to the most discerning golfer."

Taylor Woodrow de España has also partnered with accreditation scheme Safe Buying Experience (SBE), to help ensure purchasers in the country are able to buy a home as part of a safe and secure process. This partnership provides a double reassurance to buyers as they are now guaranteed a quality home complete with independent endorsement as to its 'integrity, legality and safety'.

Les Milton, Chairman of FOC continues: "Using the example of a Quarter Share, buyers really do OWN 25% of the property, so they take proportionate advantage of any property price rises and asset appreciation. They pay just a quarter of the property maintenance costs and they can sell their interest at market value at any time. Furthermore, owners are entitled to 13 weeks occupation spread across the year and if they do not want to use up all of that time the property, it can be let to generate income to help defray any annual expenses"

Taylor Woodrow Espana joins a portfolio of quality developer clients across the world for FOC including Oceanico Group, Cascade Resort and Vigia Group in the Algarve, Halycon Hills in Greece, Bom Sucesso Design Resort near Lisbon, and Waters Edge in the Cotswolds.
For further information, please visit http://www.fractional.net
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About The Fractional Ownership Consultancy
The Fractional Ownership Consultancy is the leading company that provides residential developers with the legal infrastructure and full management structure for successful sales on a fractional basis. FOC is the leading European company in the fractional sector, with over six years experience of Fractional marketing, sales and development. FOC continues to expand within Portugal and into Spain, Cyprus, Morocco, Florida, Egypt and the Caribbean.

For further information, please visit http://www.fractional.net or contact:

Kerry Clark, Tideway Communications, 020 8878 0787
kerry(at)tidewaycommunications.com

Jerry Cobb, Chief Executive, The Fractional Ownership Consultancy, + 34 619 051 333, jerry.cobb(at)fractional.net

Les Milton, Chairman, The Fractional Ownership Consultancy, +34 629 519 752, les.milton(at)fractional.net

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