What is Fractional Ownership?

An opportunity to own a home in the sun at a fraction of the original purchase price and running costs!

Fractional ownership splits a property into more affordable units and matches individual ownership to actual usage time. A fractional share gives the owners certain privileges, such as a number of weeks when they can use the property. Advantages include less running costs, e.g., community fees and utility payments are shared by the owners, and the owners will get a title deed under their name stating their actual shares on the property. Also, each owner gains from any appreciation in the value of the property overtime.

The fractional ownership of vacation properties has been around for many years now. Started in the US in the early 1990s, fractional properties can now be found throughout the world.

We at Fuerteventura Property World are pleased to be the first to introduce this concept to the Fuerteventura property market through a two-bedroom penthouse apartment on the Fuerteventura Golf Resort in Caleta de Fuste.

The apartment is open to 3 or 4 joint owners --- 80,000 Euros for a third share or 60,000 Euros for a quarter share. The vendor is willing to keep up to a third of the ownership. Please follow this link for more information on this apartment.

For questions on fractional ownership, please contact Roy Webber.

We are expanding into the Caleta de Fuste region!

Fuerteventura Property World will soon have a new property consultant in Caleta de Fuste!

For clients, we will be able to collect you from the airport and drop you off at your hotel/complex. Thereafter, we will be delighted to show you around properties that only match your criteria.

For vendors, please Contact Us to list your property with highly competitive commissions, not to mention our professional presentations.

Featured Property of the Week

The best-priced, best-value semi-detached villa on the market today!

This detached villa is equipped with 3 bedrooms with fitted wardrobes, 2 bathrooms, an open plan lounge and dining area, a separate fitted kitchen, utility room, and a private parking area. It also benefits from a private roof terrace with great sea views and an ample garden space on the front and back of the property.

It is on the market for 169,950 Euros 157,000 Euros only -- a price even less than offplan prices 6 years ago. This therefore offers an excellent value for your money!

Check the Fuerteventura Property World website for more information and photos.

Buyers Market: More Property Price Reductions Than Ever Before!

One positive result of the current state of the property market is the opportunity for investors and other property buyers to find lower prices. If you have the cash to spend or if you need a mortgage but can afford a 30-40% downpayment, today is definitely the right time to purchase your dream home in the sun!

We at Fuerteventura Property World continue to keep track of reduction in prices in our portfolio of properties.

Check our Best Buys and you will see falling prices at different levels. You too can keep track of these price reductions including the addition of new properties on the market. Just subscribe to our Property Notifications and you will receive alerts straight on your mailbox. You can opt to unsubscribe at any time.

See also:
Do you need a mortgage to purchase your dream home in Fuerteventura?
Property Buyers Market: What does this mean to buyers and sellers?

Corralejo on "A Place in the Sun: Home or Away?"

Watch this space for the schedule of broadcast on Channel 4, featuring 2 properties from Fuerteventura Property World: the best-buy budget one-bed apartments and this top floor apartment with uninterrupted views to the Corralejo harbour!

Featured Property of the Week

This South-facing detached villa for sale is located in La Capellania (formerly Tamaragua) -- just a 4-minute drive to the Corralejo resort in the North of Fuerteventura.

The villa is equipped with a spacious open plan dining area and lounge with TV, DVD Player and a stereo system, a separate fully-fitted kitchen with breakfast bar, 2 good-sized bedrooms with wardrobes, a bathroom, a private carport and an outside utility room with washing machine.

The property also boasts an 8-Seater 48 Jet Jacuzzi, outside shower, outside garden bar, permanently-built barbecue, sun beds and a lush garden of mature trees and plants.

This lovely villa is not overlooked and is ideal as a residential, holiday home or as an investment for the rental market. It is for sale fully furnished for 155,000 Euros only -- the best value property on site!

Check the Fuerteventura Property World website for more information and images.

Season's Greetings To Our Valued Clients & Friends!

These warm greetings are sent to wish you and your family a joyous Christmas and more blessings in the coming year.

Happy Holidays from Fuerteventura Property World!

Image: El Campanario Shopping Centre, Corralejo

Do you need a mortgage to purchase your dream home in sunny Fuerteventura?

We work with an independent mortgage broker who can help you clinch a mortgage with Spanish banks. Contact Fuerteventura Property World for more information.

Fuerteventura Complex and Hotels for Sale

Are you looking to invest and manage your own business that caters to the tourist market in Fuerteventura?

Fuerteventura Property World are proud to offer a selection of fully-functional complex and hotels for sale in Corralejo, El Cotillo and Costa Calma. Prices from 1,890,000 Euros.

Give us a call at +34 928 867 989 for more information.

New Fuerteventura Photo Gallery Now Available!

Enjoy Fuerteventura's sights and attractions, including sports activities, captured on camera! Check our NEW Fuerteventura Photo Gallery.

The Gallery is refreshed regularly so watch the page for future updates.