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October 2008 Dream golfing properties

| collaborative consumption, fractional ownership, joint ownership, Press, Property, shared ownership | October 10, 2012

October 2008

Keen golfers often dream of owning the perfect villa within putting distance of the clubhouse of their favourite golf course, but many have difficulty justifying the cost of buying exactly what they want. Sharing a property with other like-minded golfers makes a great deal of sense and new website yours2share.com enables people to find compatible partners.

The website enables users to find a partner or form a syndicate to purchase golfing properties. Members may also advertise shares in properties which they already own to release equity or seek long term fractional rental partners

According to online entrepreneur Sophie Garrett who set up the website: “Golfing properties work particularly well under fractional ownership. The length of the season in many countries such as Spain, Portugal or the USA means that there are plenty of people interested in using golfing properties outside the normal holiday periods. There are currently 30 ads relating to golfing properties on yours2share. Many people cannot justify buying a property outright when they will only use it a few times a year. In scenarios like this, joint ownership with like-minded golf enthusiasts makes perfect sense.”

Sophie explains: “There are two ways of sharing: joint or fractional ownership when two or more people own shares in a property and the use of the asset is split, usually on a time basis, and fractional rental, where the owner rents the property on a repeated basis to one or two others such as one week per month, eight weeks a year, etc”.

Opportunities to share in golf properties currently on the website include quarter ownership of a four bed villa with course views in the Algarve for £250,000 and the chance to purchase half of a two bedroom in Desert Springs Golf Resort Andalucia, Spain for about £49,000.

Alongside property the site also enables its users to advertise and seek shares in boats, aircraft, cars, mobile homes and pets. Extensive guidance and template contracts are also available.

Examples of golf property shares on yours2share

Stunning Golfing Villa in the Algarve
This stunning villa is ideal for golfing family holidays. It consists of four bedrooms (2 doubles, 2 twin beds) three bedrooms having en-suite bathrooms, the 4th having separate shower room. A magnificent lounge with panoramic views of the golf course, the Monchique Mountains and the distant city of Portimao. It has private landscaped gardens with a large ‘infinity’ pool, several patios ideal for outdoor dining and sunbathing.

There is a self contained games room complete with a full-size pool table and a table tennis table. The kitchen is large, light and airy and is fitted with modern appliances. The villa has a separate laundry room with both washer and dryer facilities. There is a large balcony on the first floor overlooking the golf course. The villa also has a study/office with a double sofa bed. Electrically powered shutters are fitted throughout the villa which is fully alarmed. 24hr security is provided within the complex.

Notes to Editors:
yours2share is a website for private individuals to buy, sell or rent shares in valuable assets, or create new syndicates. This enables people to see all the options in one place, and allows them to take control and create bespoke sharing arrangements. yours2share is totally independent. It doesn’t sell any of the valuable assets, finance or insurance, so it offers an objective view of the industry.

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