{"id":45,"date":"2014-09-16T02:26:46","date_gmt":"2014-09-16T02:26:46","guid":{"rendered":"https:\/\/www.goldenkeymanagement.com\/news\/?p=45"},"modified":"2020-10-08T02:19:46","modified_gmt":"2020-10-08T02:19:46","slug":"fractional-ownership-dominican-republic","status":"publish","type":"post","link":"https:\/\/www.goldenkeymanagement.com\/news\/fractional-ownership-dominican-republic\/","title":{"rendered":"Fractional ownership in the Dominican Republic"},"content":{"rendered":"<p>&nbsp;<\/p>\n<p style=\"text-align: justify;\">Fractional ownership, what is projected as the replacement of timeshares due to its main concept that relies on ownership instead of membership, is sparking more and more interest among buyers of \u00a0real\u00a0 \u00a0estate\u00a0 properties \u00a0in\u00a0 \u00a0the\u00a0 \u00a0Dominican\u00a0 \u00a0Republic\u00a0. After a few doomed timeshare clubs closed doors- the last being Sun Village- that left many investors wondering how they got into it, more and more people started to seek an alternative that works in a more protected mode. Shared ownership, another term for fractional ownership, was created.<\/p>\n<p style=\"text-align: justify;\"><i>So what is fractional ownership?<\/i> \u00a0Real\u00a0 ownership and right to use as fractions of time in private \u00a0villas\u00a0, condos or residential-tourism, which are purchased for periods of between one and three months, even longer. Fractional ownership is similar to timeshare, but includes \u00a0real\u00a0 ownership papers rather than membership, aimed at \u00a0market\u00a0 segments of medium to high purchasing power, and offering accommodation in exclusive locations. Is usually divided into three categories: traditional fractional ownership, the high level or HFI (High-end Fractional Interests) and private residence clubs (Private Residence Clubs, PRC) focused on the luxury \u00a0market\u00a0.<\/p>\n<div id=\"attachment_46\" style=\"width: 1263px\" class=\"wp-caption alignnone\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-46\" class=\"wp-image-46 size-full\" src=\"https:\/\/www.goldenkeymanagement.com\/news\/wp-content\/uploads\/2020\/09\/sosuavilla2068-2.jpg\" alt=\"fractional villa in Dominican Republic\" width=\"1253\" height=\"835\" srcset=\"https:\/\/www.goldenkeymanagement.com\/news\/wp-content\/uploads\/2020\/09\/sosuavilla2068-2.jpg 1253w, https:\/\/www.goldenkeymanagement.com\/news\/wp-content\/uploads\/2020\/09\/sosuavilla2068-2-300x200.jpg 300w, https:\/\/www.goldenkeymanagement.com\/news\/wp-content\/uploads\/2020\/09\/sosuavilla2068-2-1024x682.jpg 1024w, https:\/\/www.goldenkeymanagement.com\/news\/wp-content\/uploads\/2020\/09\/sosuavilla2068-2-768x512.jpg 768w\" sizes=\"auto, (max-width: 1253px) 100vw, 1253px\" \/><p id=\"caption-attachment-46\" class=\"wp-caption-text\">Fractional villas in DR can be a bargain<\/p><\/div>\n<p style=\"text-align: justify;\">The 4 bedroom layout and interiors of \u00a0the\u00a0 \u00a0villa\u00a0 ultima offer an open style design with a bar\/lounge area, and direct pool access to all bedrooms.\u00a0The idea originated in the United States due to the high cost of accommodations in Aspen and other ski resorts. Some people have done fractional for a long time, buying \u00a0villas\u00a0 among 2 or more people under a company creation that handles the property as an asset. This <span style=\"color: #3366ff;\"><a style=\"color: #3366ff;\" href=\"https:\/\/www.goldenkeymanagement.com\/property\/spc2068\/\">villa for sale in Sosua<\/a><\/span> has \u00a0contemporary style.<\/p><div id=\"golde-3435713126\" class=\"golde-content\"><a href=\"https:\/\/www.goldenkeymanagement.com\/property\/spc2516\/\" aria-label=\"Sosua beach condos\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/www.goldenkeymanagement.com\/news\/wp-content\/uploads\/2022\/06\/beachcondos.jpg\" alt=\"Sosua beach condos\"  srcset=\"https:\/\/www.goldenkeymanagement.com\/news\/wp-content\/uploads\/2022\/06\/beachcondos.jpg 1106w, https:\/\/www.goldenkeymanagement.com\/news\/wp-content\/uploads\/2022\/06\/beachcondos-300x150.jpg 300w, https:\/\/www.goldenkeymanagement.com\/news\/wp-content\/uploads\/2022\/06\/beachcondos-1024x512.jpg 1024w, https:\/\/www.goldenkeymanagement.com\/news\/wp-content\/uploads\/2022\/06\/beachcondos-768x384.jpg 768w\" sizes=\"(max-width: 1106px) 100vw, 1106px\" width=\"1106\" height=\"553\"   \/><\/a><\/div>\n<p style=\"text-align: justify;\">Once you buy a fractional ownership share in a property, it works in the principle of several owners that divide time and fees in a synchronized calendar, also the rental income that the house might generate if it`s also included in a rental pool. If \u00a0the\u00a0 \u00a0villa\u00a0 or condo is also available for rental, most or all of the maintenance fees are self generating, saving the owners from these costs.<\/p>\n<p style=\"text-align: justify;\">The advantage of fractional is that all the owners can swap dates as desired, and even rent extra time from each other.The fractional interest vested on the owners entitle them to use and control the property, as opposed to the timeshare clubs.<\/p>\n<div id=\"attachment_47\" style=\"width: 440px\" class=\"wp-caption aligncenter\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-47\" class=\"wp-image-47 size-full\" src=\"https:\/\/www.goldenkeymanagement.com\/news\/wp-content\/uploads\/2020\/09\/fractional.jpg\" alt=\"fractional ownership\" width=\"430\" height=\"359\" srcset=\"https:\/\/www.goldenkeymanagement.com\/news\/wp-content\/uploads\/2020\/09\/fractional.jpg 430w, https:\/\/www.goldenkeymanagement.com\/news\/wp-content\/uploads\/2020\/09\/fractional-300x250.jpg 300w\" sizes=\"auto, (max-width: 430px) 100vw, 430px\" \/><p id=\"caption-attachment-47\" class=\"wp-caption-text\">Fractional Ownership is a convenient investment structure.<\/p><\/div>\n<p style=\"text-align: justify;\">Property management is provided by most developers of fractional \u00a0real\u00a0 \u00a0estate\u00a0, and the online calendar shows all rentals and reservations. One of the advantages of the North coast of \u00a0the\u00a0 \u00a0Dominican\u00a0 \u00a0Republic\u00a0 is that the whole area is quickly being turned into a big residential area made up of luxury \u00a0villas\u00a0 and condos with great ocean and <b>beach<\/b> views, with less hotels and crowded areas.<\/p>\n<p style=\"text-align: justify;\">Places like Cofresi, Cabrera and Puerto Plata have excellent areas where \u00a0villas\u00a0 and homes can be purchased for retirement or vacation in the island. <b>Golden Treasures \u00a0Real\u00a0 \u00a0Estate\u00a0<\/b> is one of the first agencies to implement the use of fractional ownership in the North Coast, with the largest number of options.<\/p>\n<p style=\"text-align: center;\"><a href=\"https:\/\/www.goldenkeymanagement.com\/\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone wp-image-33 size-large\" src=\"https:\/\/www.goldenkeymanagement.com\/news\/wp-content\/uploads\/2014\/09\/GTbanner-1024x144.png\" alt=\"banner\" width=\"1024\" height=\"144\" srcset=\"https:\/\/www.goldenkeymanagement.com\/news\/wp-content\/uploads\/2014\/09\/GTbanner-1024x144.png 1024w, https:\/\/www.goldenkeymanagement.com\/news\/wp-content\/uploads\/2014\/09\/GTbanner-300x42.png 300w, https:\/\/www.goldenkeymanagement.com\/news\/wp-content\/uploads\/2014\/09\/GTbanner-768x108.png 768w, https:\/\/www.goldenkeymanagement.com\/news\/wp-content\/uploads\/2014\/09\/GTbanner-1536x216.png 1536w, https:\/\/www.goldenkeymanagement.com\/news\/wp-content\/uploads\/2014\/09\/GTbanner.png 1920w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&nbsp; Fractional ownership, what is projected as the replacement of timeshares due to its main concept that relies on ownership instead of membership, is sparking more and more interest among buyers of \u00a0real\u00a0 \u00a0estate\u00a0 properties \u00a0in\u00a0 \u00a0the\u00a0 \u00a0Dominican\u00a0 \u00a0Republic\u00a0. After&#46;&#46;&#46;<\/p>\n","protected":false},"author":2,"featured_media":46,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,11,10],"tags":[12,13],"class_list":["post-45","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-dominican-republic","category-fractional","category-investing","tag-fractional","tag-investment"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.1.1 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Fractional ownership in the Dominican Republic - Dominican Republic Living Travel &amp; Investing<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.goldenkeymanagement.com\/news\/fractional-ownership-dominican-republic\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Fractional ownership in the Dominican Republic - Dominican Republic Living Travel &amp; Investing\" \/>\n<meta property=\"og:description\" content=\"&nbsp; Fractional ownership, what is projected as the replacement of timeshares due to its main concept that relies on ownership instead of membership, is sparking more and more interest among buyers of \u00a0real\u00a0 \u00a0estate\u00a0 properties \u00a0in\u00a0 \u00a0the\u00a0 \u00a0Dominican\u00a0 \u00a0Republic\u00a0. 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