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![]() Almizcle 4 Apartments |
The Alternative to buying outright is Shared Ownership
This shared ownership concept was developed by the multi national corporations, when large companies started sharing their corporate jets. By sharing their corporate jet with other companies they retained their executive image and substantially reduced their capital and running costs.
What is Fractional Ownership or Shared Ownership?
Fractional Ownerships allows people with similar interests to purchase the holiday home of their dreams for a much smaller financial outlay. A group of people purchase their own freehold property by splitting the normal purchase price between them. Shared home ownership could be a country house, a villa with a pool, an apartment or a townhouse on a golf course or in the mountains.
The fractional share concept is based around co-owners purchasing shares in a company, which in turn owns the property. This divides the ownership between a maximum of 12 owners, for a property which would otherwise have been sold outright. By creating a Fractional Freehold Ownership of eight people, each person has a 12.5% share enabling them to enjoy the property for six weeks each spread over the year. Alternatively it is possible to buy two shares and have a 25% stake and thirteen weeks depending on personal requirements.
The benefits of Fractional Ownership
Holiday industry surveys results show owners use their holiday properties between 4 and 12 weeks a year. So instead of leaving your property empty or renting it out commercially for the remaining weeks, with fractional home ownership you can use your share of the property knowing the other owners benefit in the same way. With an eighth share you exclusively own 6 weeks and are only responsible for the same proportion of the purchase price and annual maintenance.
If you want information on Fractional Ownership, please contact Clive in the UK by telephone at +44 1270 560644 or click the "Email Link" button below.
How You can Benefit from Shared Ownership
Enables you to purchase of a lifestyle you could not otherwise afford
You are the legal owner of your share and will get 25% of the Capital Growth
Reduced Capital Investment based on the share percentage
More affordable option so no need for a mortgage
Reduced running and maintenance costs
Buying multiple shared properties spreads your investment risk
By owning more than one shared property you have more choice of holiday destinations
Guest will treat the place with more respect as friends and family of owners
No advertising costs
Easier to sell shares if you decide to sell on
Your property is occupied for longer so it is more secure
We also are advertising on
Shared
Ownership Property where they have more
information about how shared ownership works and they also have a
calendar with proposed
dates for sharing. These dates can be changed if we are all in agreement.
For Sale Luxury Ground Floor Apartment overlooking the 8th Fairway
Hacienda Riquelme is regarded as the premier Polaris World
development and we believe we chose the best location on this resort. Facing south with impressive views overlooking the
communal swimming pool, then onwards across the lake and the golf course, to the
mountains in the distance. The apartment is one of the 'Almizcle 4' style within
Phase 5 of the Hacienda Riquelme Golf Resort with the advantage it is the
closest community to the town centre. There are
Detailed
Plans showing the location of the resort and the apartment
Creating Syndicates of Interested Buyers
There has been change of plan due to market conditions and property prices dropping. The concept has changed to getting together small groups of people who are interested in fractional ownership to set up a syndicates or communities as limited companies in Spain. When we have enough people interested in a particular type of property then we can put in an offer on a property where the owner is keen to sell at a reduced price. The benefit of this method is all the buyers are in place and the shares have been agreed, prior to purchasing the property
The accommodation is finished to a high standard and features
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Polaris World provide owners with the Apartment Specifications which detail the accommodation and standard of fittings.
As Hacienda Riquelme is nearing completion, some apartments are now available for renting and there are now many photos of rental apartments which show the settings and the style of both the apartments and the resort.
There is also a website for the Hacienda Riquelme Community of Owners which gives much more information from the owners who have bought apartments on this resort.
You can Own an Eighth Share of this Apartment for only
28,725 Now 24,950 Euros (all inclusive)
Hacienda Riquelme Golf Resort
The resort has been built around the beautiful, historic Hacienda and manages to retain the historic buildings with the luxury of modern of comforts. There are tennis and volleyball courts, a gymnasium, children's play areas, landscaped gardens, lakes and numerous individually designed communal swimming pools. The resort comprises luxury apartment buildings spread out within an enclosed perimeter, with 24-hour security for that extra peace of mind. The low construction density allows for vast expanses of open land with fairways, greens, gardens and lakes, all of which adds to the atmosphere of luxury and tranquillity. You can download a brochure of Hacienda Riquelme from the Polaris World website for more details of this resort
At the heart of Hacienda Riquelme the beautiful resort centre conserves many of the architectural elements of the old village and provides all the services you could possibly desire. There is a wide choice of shops, bars and restaurants, a clinic and a luxury spa and fitness centre. The Polaris World introduction to Hacienda Riquelme provides more information about the apartments, golf and their location in Costa Calida, Murcia, Spain
Located by the small, traditional town of Sucina, Hacienda Riquelme is only 15 minutes from Murcia City, the historical and cultural capital of the region, and 10 minutes from the sandy Blue Flag beaches of the Mar Menor. Murcia is famous for its 250km of beautiful coastline and 320 days of sunshine a year.
With Alicante International Airport 45 minutes away and Murcia-San Javier just 10 minutes, access from anyway in Europe using budget airlines could not be easier.
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The Unique Polaris World Golf Experience Polaris World have the exclusive Jack Nicklaus Golf Trail, which will be nine courses in a 25 KM radius and be the best golf experience in Europe. There are three courses available now, with three more currently under construction and two more in the planning stages. When the developments are all completed this will be a unique golf experience unrivalled anywhere in the world and owners can use all the resorts with their facilities which are connected by a bus service |
The Polaris World Lifestyle
Polaris World is focussed on providing a total inclusive lifestyle for their clients and have been steadily increasing their range of services.
As an owner you become a member of the exclusive Polaris World and can enjoy the fantastic facilities offered by all seven of the Polaris Resorts, as well as the Polaris Sports Centre with its first class sporting facilities and soon to be built Polaris Beach resort on the La Manga strip. The Polaris World lifestyle ensures all services are available including laundry and housekeeping, crèche, catering, rental management, car hire and a shuttle service to the other Polaris World resorts.
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For the Full List of all Polaris World Services you will need an hour or two to review the full range on their web site
Have you decided what you want from your holiday home
If you will use your property all year round, then Polaris World are selling the Almizcle apartment at 187,461 Euros, which including all taxes and legal costs increases to 222.784 Euros. (This will reduce with the new syndicate concept)
Assuming you can purchase a property outright, have you considered multiple fractional ownership properties in different countries? This is a versatile option as it gives you more choice such as skiing, golf, beach or adventure holidays in different destinations. The other advantage is it spreads your investment between countries and currencies, which will minimise your risk.
If you want a six month winter holiday to escape the winter in colder countries, this can be accommodated using fractional ownership with a 50% share for the winter months and other people owning the summer months.
So taking after evaluating all the fractional ownership pros and cons, a front-line golf apartment is great value at
28,725 Now 24,950 Euros (all inclusive). You also get the best location and views on Hacienda Riquelme, on the best of the Polaris World developments with a unique golf lifestyle not available anywhere else in the world, with this fractional ownership in Spain.
The availability is strictly limited
As this is fairly new way of buying second
homes to improve lifestyles and investing there are very few opportunities
available and this is the only investment opportunity of this type on Polaris World.
We are retaining one 12.5% share so there are seven 12.5% shares available
which can be purchased in multiples if required.
For more information or to arrange viewing trips
Contact Clive or Mandy Hornsby by
telephone in the UK on
+44 1270 560644 or +44 7966 176668
Or alternatively enquiries can be sent to
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Since we started advertising we have already had some interest
Two shares are already on an option to buy subject to viewing the apartment, so this may be your last chance. When these investors visit the apartment, we know they will fall in love with it as we did and we are expecting them to finalise their share options.
We know they may decide not to purchase shares, but assuming they do, we have only one share left.