Owning a cottage or other recreational property is part of the Canadian dream but for many people, the financial burden and maintenance hassles make the goal unattainable.
Fractional ownership offers vacationers – including empty nesters contemplating new arrangements for perhaps a combination of residences – the opportunity to obtain their place in the sun by purchasing a share in a recreational property, representing a lower financial commitment and minus the need to fix roofs, cut grass and repair septic systems.
"Fractional ownership is a much more cost-effective way to own cottage property," says Robert Edwards, owner of Quebec’s Dupont Estates development. "... more