Fractional ownership on the Costa del Sol

The American-born concept of fractional property ownership is launching on the Costa del Sol in Spain this summer with the release of a number of high-quality golf apartments on the Alhaurin Golf Resort.

The properties are being marketed by fractional property experts The Fractional Group and prices start at a very reasonable €25,000, which at today's exchange rate is approximately £21,500.

For this investment you buy a 12th fraction in the property which gives you exclusive usage of the property for 4 weeks each year. Each owner has an equal share in the freehold, which means the fractions can be sold on at any time. 100% financing from a UK bank is available to prospective purchases subject to status.

Fractional properties at Alhaurin Golf come with a free golfing package included in the purchase price. This offer entitles one named owner of each fraction to play free golf at the on-site 18-hole course, which was designed by Seve Ballesteros, as well as at neighbouring courses free. It also includes big discounts on green fees for guests as well as discount buggy hire.

One of the interesting aspects of fractional ownership is that you can also rent out some of your weeks each year if you either can't or don’t want to use them all yourself.

Rental and property management at the apartments at Alhaurin will be handled by International Golf & Resort Management, who will be marketing the properties to the relevant golf audiences.

The free golf package included with the fractions will transfer to your tenants making these properties attractive to groups of golfers looking for a value for money holiday at a luxury leisure resort.

The Fractional Group is selling a combination of 2 and 3 bedroom properties, which come fully furnished to a luxury standard. There are also concierge and other services available on the resort to fractional owners.