Quarter-Ship or as it is also known; fractional property ownership, suitably structured by a professional management company allows unconnected purchasers to combine their resources and collectively OWN a beautiful home. By purchasing a fraction of the equity in the home the buyer is only committed to paying the same proportion of the annual costs.
The principal benefits are:
- Appreciation of the villa, town home or apartment through FREEHOLD ownership
- Fractional ownership helps acquire and maintain an affordable luxury lifestyle
- Minimize running costs in relation to each owners usage of the property
- Benefit from a professionally managed home and infrastructure
- Your investment property generates income from the rental of unoccupied periods
Quarter-Ship and Universal Vacations Realty offer quarter shares in a number of premier vacation and investment properties in Southern Cyprus by award winning builders. These range from Studios and Apartments through to three and four bedroom luxury Townhouses and Villa's with private swimming pools, all with variable build time frames.