Expert outlines benefits of fractional ownership in Spain

Fractional ownership has significant financial benefits, according to an expert.

Catriona Hogan, marketing director for the Fractional Group, noted that investors can rent out any time they do not use in a property in order to boost their income.

She also pointed out that owners do not have to foot the bill of a year's worth of charges when they may only visit for six weeks of that year.

"The beauty of fractional is that each owner gets between four and 12 weeks usage each year, which is more than enough for the majority of people," she declared.

The company is preparing to launch a series of fractional properties on the Costa del Sol in Spain, which will feature luxurious furnishings and a concierge service.

In related news, Property in Spain recently announced that it was to offer a range of foreclosed deals to investors that can be compared to those available in the US.