In a property co-ownership model, multiple individuals are able to co-own a home. Also known as fractional ownership, the approach aims to make typically high value assets more accessible. Although the concept is not new, its practical implementation becomes expensive and complicated without an appointed neutral administrator to manage the model with full transparency and fairness. Enter Fractal, we have completely re-thought the concept, taking care of the hassles and complexities that come with a co-ownership structure so that you as an owner can only focus on enjoying your home.
What does Fractal do?
Fractal is redefining the experience of buying, using and selling co-ownership interests in luxury properties in select European cities, starting with London. We use technology to radically simplify the process of scheduling your stays, paying your bills, maintaining the home and any other homeowner responsibilities. We focus on minimizing the administrative work for owners and providing them with a hassle-free homeowner experience.
Is Fractal a timeshare?
Fractal homes and timeshares are not the same thing. With Fractal, owners acquire a fraction of the property via a limited company set up specifically to own that single property. Owners can therefore capture any asset appreciation when / if the home’s value goes up over time. We also facilitate the sale of your Fractal property interests fractions should you decide to do so. With timeshares, you are only paying for the right to occupy the homes for a certain amount of time every year. This typically results in a loss to the buyer should they decide to sell their timeshare back to the property operator or should the timeshare expire. Timeshares usually give you access to interchangeable units in hotels or resorts; with Fractal you are buying the home of your choice in prime locations across Europe.