OF LUXURY FOR A FRACTION OF THE COST
Shared Ownership of Property from Sunset Estates
You’re probably thinking that the days of finding
a cheap property in Spain for £50,000 or less have left us
If you feel you should have bought 10 Years ago but didn’t
then your dream is not over yet with Shared Ownership from Sunset
Shared Ownership schemes are not new. They have been around for
many years but mainly associated with the purchase of the ultimate
in luxury – Private Yachts and Jet Aircraft but now we are
able to extend this luxury to a dream home in the sun.
The concept of Shared Ownership in property is now gaining momentum
as resort real estate prices escalate and consumers seek a steppingstone
to the perfect holiday home in the sun.
Many outright owners tend only to use their property for 4-12 weeks
per year, yet still have to bear the costs attached to 52 weeks.
The most significant benefit of shared ownership is the ability
to match your purchase with your expected use of a holiday home.
When combined with the services and amenities of living within a
self-contained resort you have very compelling reasons to consider
Unlike timeshares or vacation clubs (where people buy memberships
and pay dues), shared ownership comes with a property deed making
it a true asset that will appreciate at current market rates.
Further, and more immediate returns on your investment are also
possible in the form of rental income should you choose to let out
any of the weeks of your occupancy plan that you decide not to use
Sunset Estates shared ownership concept is based
around a maximum of 4 co-owners purchasing a 13 week fixed share
of a property from our carefully designed occupancy plans.
Unlike many of the other ‘fractional’ or ‘co-ownership’
schemes currently available where the number of owners can be as
many as 12, we at Sunset Estates believe that only having a maximum
of 4 owners gives the purchaser more of a tangible share of the
property and the realisation of a true investment.
those who buy into shared ownership are people who can afford to
purchase outright but do not have the time to use it and don’t
want the responsibilities attached to outright ownership.
purchaser of shared ownership has the flexibility to choose the
right option that suits their needs, appealing to retired couples,
families and young couples alike.
Sunset Estates occupancy plans gives you complete freedom of choice.
You can choose to either block book an entire 13-week season or
divide your occupancy equally over the calendar year so that you
can benefit from all seasons and guarantee that your chosen plan
will always include all the school holidays!!
and care of the property can be undertaken by either an independent
management company or the resort itself, eliminating many of the
headaches associated with owning a property abroad.
All owners are governed by the conditions set out in a pre-signed
shared ownership agreement detailing procedures for any damage or
misuse giving you piece of mind that your investment is still in
good hands while you are not there.
All annual running costs are divided equally among the owners to
cover rates, insurance, utilities standing charges, administration,
periodic external repainting and maintenance of communal areas while
a sinking fund provides for refurbishment of the interior of the
property assuring you that it will always be maintained to a first
class standard on a regular basis.
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