Fractional ownership serves up ace prospect, says Henman

Former tennis star Tim Henman has praised the value of fractional ownership.

Since retiring from the sport, the 35-year old has built up a property portfolio both in the UK and overseas, telling the Daily Telegraph that he particularly enjoys using his family's fractionally-owned property in a forested area of Provence.

"It's a beautiful location, there's no one overlooking us and the house has kept traditional features such as the old beams, but it also has great contemporary touches," he said.

Mr Henman stated that the investment is a "fantastic" one, as it means his family has six weeks per year when they can use the home while carrying no responsibility for matters of upkeep.

It also offers investors the chance to actually own an asset, unlike in the case of timeshares, he noted.

The south of France is a particularly good place in which to invest in rental property, head of research at investment firm Property Frontiers Christopher Chadd commented this month.

He said that Languedoc and the south coast are prime areas, while those who want an investment that is sure to hold its value can also look to Paris.