Fractional Joint Freehold in Tenerife


25th of May, 2011 Bookmark and Share
The development, which is located at Chayofa Country Club, comprises both apartments and villas which are set amid the peaceful and exclusive suburb of Chayofa. For those who are looking for luxurious accommodation combined with excellent amenities this project will offer both excellent investment returns and usage options which are unequalled. No expense has been spared in the quality of furnishing of apartments and villas and owners will benefit from high-end fixtures and fittings together with a range of facilities which are rarely seen in the freehold property market. In addition there will be an extensive list of services available to owners which will ensure that their investment will yield maximum growth potential and potential rentability. Unique provisions have been put in place to attract rental income for those who do not wish to occupy their apartments or villas thus providing income return for those interested in the buy-to-let market.
Joint Freehold at Chayofa Country Club will put owning a holiday home in the sun within reach of almost everyone and will offer them the opportunity to enjoy property investment at a fraction of the whole ownership price whilst providing the chance to make money out of owning a luxuriously appointed holiday home abroad.
The concept of Joint Freehold enables the purchaser to own a much larger and higher quality home than may otherwise have been affordable and removes any concerns regarding the security and maintenance of the property when it is not occupied. Like-minded owners will share a freehold portion of a property with Title Deed for each owner - with all the protection afforded by outright ownership – at a fraction of the cost. In addition, each owner will share the costs of the upkeep of the property in proportion to the amount of ownership which makes Joint Freehold a far more cost-effective alternative to outright whole ownership and all owners within a property will have access to all accounts relating to that particular property thus providing transparency with regard to accounting.
This new and truly innovative concept will ensure that owning a luxurious holiday home abroad brings luxury property at affordable prices within the reach of many.
For further information contact tenerifepropertyinvestment.com
Tel [0044] 0207 1836287 or email us at info@tenerifepropertyinvestment.com
Edward Wilkinson
Eddy Wilkinson has more than 30 years of experience working within the property market, during which time he has studied property trends and investment in many countries throughout Europe and also in the USA. He has written many articles on this subject and specializes in the Spanish property market where he has given talks and advice to many people seeking to invest in the luxury second home sector.