Beachfront Properties Group Pty Ltd jointly with Fractional Title Properties PTY Ltd offers investors the opportunity to buy partial ownership, with your own title deed. Effectively, owners will acquire 1/13th of a quality and substantial apartment or home in a first class beachfront area. We are offering you the best property investment opportunity on the West , East Coast and Garden route of South Africa. Beachfront investments are now possible to all people of South Africa!
HOW IT WORKS
Previously the old concept formalized the practice of a group of relatives or friends pooling their resources to buy a holiday home or investment in a PTY or CC (called fractional ownership). This still can be done today, but it always needs cash because the banks do not bond or lend against shares (the ownership of a share).
Joint ownership of properties such as game farms has long been popular but managing them is often a burden. To date it was also difficult to agree on someone’s share value when they wanted to opt out and the criteria for new buyers to buy in.
Fractional Title Properties Pty Ltd has taken care of those burdens with a formal title agreement offering a defined exit method, allowing you a 1/13th title in a property with a third party taking care of the management and maintenance.
Mr. Wynand Odendaal, the energy-driven chairman of the Beachfront Property Group says, "Prime locations, exclusivity, destination and availability, added service benefits and quality are all factors driving property value and ensuring strong resale demand. However, we are adamant that investors will not easily want to sell as they will own the best property value in South Africa. Our concept will be marketed in South Africa as an alternative to this old system: not merely a share but the ownership of a title deed and will make luxury properties, especially Beachfront, more affordable to all South Africans and a lot more attractive due to the high capital growth beachfront investments offer.”
While owning a second home at a favorite holiday destination is a luxury all people dream about. Beachfront Properties Group also offers investors financial support from a financial institute up to 75 percent of the purchase price, making that dream a reality! Mortgage financing is also available and investors will be able to sell their title like any normal property sale, at any time at any price. This was not previously possible!
As beachfront property escalates in value, fractional title values increase accordingly.
Most people get to spend so little time at their holiday homes that the hassles associated with them are hardly justifiable. Beachfront Properties Group ensures people joint ownership of holiday homes without the hassles with our concept. Beachfront Accommodation PTY Ltd has 18 years experience in managing furnished apartments and guesthouses.
Investors can acquire fractional title properties from R229 000 all cost inclusive in prime locations. This takes care of transfer costs, bond costs, and a house typically furnished to the highest standards.
According to our expert property lawyer Pieter Goosen at the company MOSTERT AND BOSMAN “Fractional title properties has all the advantages of owning a second property on the beachfront as a holiday home, but a lot better. Buyers actually acquire an undivided title to the property but obtain very little of the expense. Fractional title properties also balance use with cost, affording buyers entry into the leisure market.”
The ownership will be divided in 13 titles, a management agreement and a time Module for investors to enjoy all benefits of a four week holiday in an up market furnished property, or the income from the rental. Investors will always be in a secure environment and be able to choose from a variety of options and prices. Beachfront Properties Group always chooses properties with the best position and access to amenities. There are no hidden costs and investors will only be responsible for the deposit if needed.
So, why wait? Invest in your dream holiday home today! |