The Financial Advantage
Shared Ownership provides significant financial advantages over traditional whole ownership of second homes
Owning the amount of the home you use produces significant savings for both the initial capital and recurring costs, often over 80% when compared to traditional ownership. The smart idea is to buy the amount of the home you want to use.
It is a lot easier to relax and enjoy using your holiday home without mountains of debt.
Importantly every dollar invested with shared ownership has the same opportunity for capital growth as if you owned the whole home, without the anxiety of lazy capital when the home is empty.
In fact, shared ownership can improve your capital growth prospects by providing access to higher quality real estate than might otherwise be available through traditional real estate.
The charts opposite are based on an actual example of the amount
of cash required to buy and then maintain a four bedroom home
with a list price of $1.4 million in a 1/6th share. A 1/6th share provides
a minimum entitlement to 8 weeks use each year including two weeks
of school holidays every year and either Christmas, New Years or Easter week
every two years.
The cash savings are substantial on either basis.
