Fractional Ownership Disclosure Statement

Welcome to our fractional ownership program! Before you participate, please review the following important information about our slice ownership model.

1. Ownership Model Our fractional ownership program allows you to purchase ownership “slices” of a property. Each slice represents a percentage of the entire property. As a slice owner, you’ll hold a fractional interest proportional to the number of slices you purchase.

2. Pricing Ownership slice prices start at Euros 29,000 per slice. The price is based on the current market value of the property and may vary. All prices are subject to change without notice.

3. Rights and Responsibilities

• Ownership Rights: As a slice owner, you have the right to use and enjoy the property according to the terms of the ownership agreement.
• Maintenance and Expenses: All slice owners share responsibility for property maintenance and expenses, including property taxes, insurance, and repairs. Costs are divided based on the number of slices owned.
• Decision-Making: Major property decisions require the consent of a majority of slice owners. Voting rights and procedures are detailed in the ownership agreement.

4. Risks and Considerations

• Market Fluctuations: The value of your fractional ownership may fluctuate with market conditions. There is no guarantee of value appreciation.
• Liquidity: As with any property, selling could take time depending on market conditions.
• Shared Use: Property use is divided according to slices, requiring adherence to the usage schedule.
• Legal and Financial Obligations: Slice owners must comply with all legal and financial obligations related to the property, including timely payment of shared expenses and adherence to local property laws.

5. Exit Strategy To sell your fractional ownership interest, follow the procedures in the ownership agreement. 

6. Conclusion Our fractional ownership program offers a unique opportunity to own a share of a property at a lower cost than full ownership. However, it comes with specific rights, responsibilities, and risks. Please review this disclosure thoroughly and seek independent legal and financial advice before making a purchase.