Ways to buy a holiday home

Comparing ways to buy a holiday home

There are four basic ways of purchasing large value items such as vacation property, boats or aircraft - outright, as timeshare, fractional ownership, or as an OwnerGroups  private group share.  For simplicity our examples here will concentrate of vacation property - but the principles are the same for the others.

  • Outright Purchase
    The simplest - and by far the most common - form of purchase. You go out, find what you are looking for and buy it. You then have 100% control of how and when you use it, along with 100% of the costs and responsibilities.
  • Timeshare
    Your capital payment buys a right to accommodation in an existing property.  You are restricted to a specific time of use, have no title to the actual property, and have no influence over costs or other users.
  • Fractional Ownership
    A developer sells shares in individual buildings, usually on a resort complex. You own title to the real estate but the conditions of purchase and rules governing usage are laid down by the developer. Your usage is usually on some form of "rota" although you can swap with other owners. You have little influence over running costs or other users. 
  • OwnerGroups Shared Purchase
    Our method allows you a full say in exactly what you buy, splitting the purchase price between all members of your group. You then have full control of when you use your share through our free choice "bidding" system. All costs are  controlled by and shared amongst the group.

Here's a brief summary of the flexibility you have with these different methods - we know details will vary from scheme to scheme but this is broadly right.

A different way to look at this is to see how various concerns you might have about buying a holiday property can be addressed by our shared purchase  processes. See the following pages to see how we deal with them. 

Only OwnerGroups "ticks all the boxes" for buyers' flexibility and control.

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