Fractional freehold apartments and villas launched in Goa, India

Goa is one of the most popular holiday destinations in the world and after enjoying few days of holiday in Goa, everyone feels like investing here, but gets confused with the pattern of investment due to various reasons. We present to you a simple investment scheme to suit your budget and lifestyle.

There are several ways to own and invest in property in Goa. You can either buy a freehold property outright or buy a share of that property on Fractional Freehold Shared Ownership with Ramcons, to suit your budget and the amount of time you wish to spend at your holiday home.

Fractional Freehold Ownership is the ownership of a fully furnished luxury apartment/villa in a resort style development, shared between different individuals who are not necessarily related.

The cost of such apartment/villa is divided into 4, 6, 8 or 12 fractions, which means there can be upto 12 owners of that apartment/villa, holding the legal title by way of shares of a limited company formed for each apartment/villa.

Research shows that most holiday home owners use their property for a maximum of 15 nights per year, yet pay for 365 days. Fractional owners can enjoy 28 nights per year for a 1/12th fraction to 91 nights per year for a quarter, but only pay a small percentage of the outright purchase cost.

As a second home, the said apartment/villa can be used whenever you are in Goa, for a period allotted based on a pre-determined allocation chart on rotational basis, or can opt to rent-back with the management company for generating revenue along with the appreciation of the property for years to come.

This is the most practical and convenient way of owning your luxury holiday home in Goa.

Is this not timeshare?

Certainly not. Timeshare merely provides the right to use a property for certain periods of time. Fractional Ownership works in precisely the same way as Freehold Ownership, where the property is yours to keep until you decide to sell. Your property has the ability to appreciate, you can sell it, leave it in your will, put it in a trust - you can do practically anything you would with a traditional freehold titled property.

For more information, visit ramcons.com